Chinese robotaxi firm WeRide eyes US IPO at up to $5b valuation

Chinese robotaxi firm WeRide eyes US IPO at up to $5b valuation

FILE PHOTO: A WeRide autonomous taxi is seen in Guangzhou, Guangdong province, China May 15, 2020. REUTERS/Yilei Sun/File Photo

China-based autonomous driving startup WeRide said on Friday it was seeking a valuation of as much as $5.02 billion in its initial public offering in the United States.