From Yahoo Finance: 2025-05-24 06:14:00

WeRide Inc. (NASDAQ: WRD) saw a 9.62% drop in share prices on Friday, closing at $9.11 after investors took profits following a recent surge fueled by a partnership with Tencent Cloud.

Through a collaboration with Tencent Cloud, WeRide Inc. (NASDAQ: WRD) will deploy Level 4 autonomous robotaxis on Weixin/WeChat and Tencent Maps, as well as focus on R&D, commercialization, and international expansion.

After partnering with Uber Technologies Inc. (NYSE: UBER) to expand robotaxis into 15 new locations, WeRide Inc. (NASDAQ: WRD) ranked 8th on the list of worst-performing stocks on Friday, with potential for higher returns in other AI stocks.

WeRide Inc. (NASDAQ: WRD) and Uber Technologies Inc. (NYSE: UBER) launched robotaxis in Abu Dhabi and Dubai, planning to expand to new cities each year outside of the US and China as part of their autonomous vehicle partnership.

Read more: Why WeRide Inc. (WRD) Crashed On Friday