WeRide launched its Robotaxi service "WeRide Go" on WeChat, enhancing accessibility to autonomous rides in major Chinese cities.
Quiver AI Summary
WeRide, a prominent player in autonomous driving technology, has launched its Robotaxi service Mini Program called "WeRide Go" on WeChat, a widely used Chinese super-app. This allows users in WeRide’s operating areas, including Guangzhou's Huangpu and Beijing's Yizhuang, to book Robotaxi rides directly without needing to download a separate app. The integration into WeChat aims to enhance accessibility and convenience for users, while capitalizing on WeChat's vast user base to increase awareness and trust in WeRide's autonomous technology. WeRide operates over 1,000 Robotaxis globally and is expanding its service as it aims for large-scale commercialization by 2030.
Potential Positives
- WeRide launched its Robotaxi service Mini Program, "WeRide Go", on WeChat, significantly enhancing user accessibility to its services through one of China's most popular digital platforms with over a billion users.
- The integration with WeChat is expected to expand public access, boost ride volumes, and improve user retention, supporting the company's commercialization goals for Robotaxi services.
- WeRide is recognized as a global leader in the Robotaxi sector, with over 1,000 Robotaxis worldwide and fully driverless operations in major cities, enhancing its credibility and market position.
- The company has received autonomous driving permits in eight markets, demonstrating regulatory approval and fostering trust in its technology and services.
Potential Negatives
- Integration of the Robotaxi service into WeChat may cause WeRide to become overly dependent on a third-party platform, which could pose risks if the partnership changes or if WeChat's user engagement declines.
- The press release mentions that WeRide is aiming for 'tens of thousands' of Robotaxis by 2030, which suggests that current operations may be limited, raising concerns about scalability and market penetration in the interim.
- Forward-looking statements in the release indicate inherent risks and uncertainties, suggesting that there may be challenges ahead that could affect WeRide's growth and operational success in the autonomous driving sector.
FAQ
What is the WeRide Go Mini Program?
The WeRide Go Mini Program allows users to book Robotaxi rides directly through WeChat, enhancing accessibility and convenience.
In which areas can I use WeRide's Robotaxi service?
The Robotaxi service is available in Guangzhou's Huangpu district and Beijing's Yizhuang district.
How does WeRide's integration with WeChat benefit users?
Integration with WeChat lowers barriers to access Robotaxi services, enhancing user awareness and promoting trust in autonomous technology.
What is WeRide's future plan for Robotaxis?
WeRide aims to operate tens of thousands of Robotaxis by 2030, boosting ride volume and user retention.
What distinguishes WeRide in the autonomous driving industry?
WeRide is a first mover in the Robotaxi sector, being the first publicly traded company with autonomous driving permits in eight markets.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WRD Hedge Fund Activity
We have seen 74 institutional investors add shares of $WRD stock to their portfolio, and 28 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MUBADALA INVESTMENT CO PJSC added 8,048,091 shares (+inf%) to their portfolio in Q3 2025, for an estimated $79,676,100
- POINT72 HONG KONG LTD added 4,838,115 shares (+5436084.3%) to their portfolio in Q3 2025, for an estimated $47,897,338
- ANOMALY CAPITAL MANAGEMENT, LP added 3,626,712 shares (+inf%) to their portfolio in Q3 2025, for an estimated $35,904,448
- GREENWOODS ASSET MANAGEMENT HONG KONG LTD. added 2,684,200 shares (+inf%) to their portfolio in Q3 2025, for an estimated $26,573,580
- MERCER GLOBAL ADVISORS INC /ADV added 2,619,333 shares (+inf%) to their portfolio in Q3 2025, for an estimated $25,931,396
- MARSHALL WACE, LLP added 2,014,010 shares (+4869.5%) to their portfolio in Q3 2025, for an estimated $19,938,699
- CITADEL ADVISORS LLC added 1,728,427 shares (+1334.4%) to their portfolio in Q3 2025, for an estimated $17,111,427
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$WRD Analyst Ratings
Wall Street analysts have issued reports on $WRD in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B of A Securities issued a "Buy" rating on 12/01/2025
- Citigroup issued a "Buy" rating on 09/29/2025
To track analyst ratings and price targets for $WRD, check out Quiver Quantitative's $WRD forecast page.
$WRD Price Targets
Multiple analysts have issued price targets for $WRD recently. We have seen 3 analysts offer price targets for $WRD in the last 6 months, with a median target of $12.0.
Here are some recent targets:
- Ming Hsun Lee from B of A Securities set a target price of $12.0 on 12/01/2025
- Jeff Chung from Citigroup set a target price of $15.5 on 09/29/2025
- Paul Gong from UBS set a target price of $12.0 on 08/04/2025
Full Release
GUANGZHOU, China, Jan. 14, 2026 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, today launched its Robotaxi service Mini Program, "WeRide Go" , on WeChat, a super-app owned by tech giant Tencent. WeChat is one of China's most widely used digital platforms, with over a billion users .
Residents and visitors in WeRide’s Robotaxi operating areas, including Guangzhou’s Huangpu district and Beijing’s Yizhuang district, can now book a Robotaxi ride directly through WeChat , without having to download a separate app. By searching for the "WeRide Go" Mini Program on WeChat, users can instantly request a Robotaxi and enjoy a safe, comfortable, and convenient autonomous ride.
Robotaxi booking process for the "WeRide Go" Mini Program on WeChat
In addition to its standalone "WeRide Go" ride-hailing app, WeRide's presence on WeChat brings autonomous driving into users' everyday life in a more flexible and accessible way. As a digital ecosystem for everyday services, including mobility, WeChat offers unparalleled reach and engagement. By leveraging WeChat’s massive user base, the "WeRide Go" Mini Program significantly lowers the barrier to experiencing Robotaxi services, while strengthening user awareness and trust in WeRide’s autonomous driving technology.
WeRide is a global leader in the Robotaxi sector, with over 1,000 Robotaxis worldwide and fully driverless operations in Tier-1 Chinese cities Guangzhou and Beijing, as well as Abu Dhabi, the capital of the UAE. By integrating its Robotaxi service into WeChat, WeRide is expanding public access, boosting ride volume and user retention, and paving the way for large-scale Robotaxi commercialization as it advances towards tens of thousands of Robotaxis by 2030 .
About WeRide
WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been tested or operated in over 40 cities across 11 countries. We are also the first and only technology company whose products have received autonomous driving permits in eight markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune's 2025 Change the World and 2025 Future 50 lists.
Media Contact
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Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about WeRide’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide’s filings with the U.S. Securities and Exchange Commission and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release. WeRide does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/64b3e8bc-306c-4a63-8ef3-103f669fac4a