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Is WeRide (WRD) Valuation Outrunning Reality After WeChat Robotaxi Mini Program Launch
WeRide (WRD) has put its Robotaxi service directly inside WeChat via the new WeRide Go Mini Program, giving users in Guangzhou and Beijing a way to book autonomous rides without a separate app.
See our latest analysis for WeRide.
The WeChat Mini Program launch comes after a weak run for the stock, with a 1-day share price return of a 10.0% decline and a 7-day share price return of an 11.1% decline. The 1-year total shareholder return of a 28.4% decline points to fading momentum, despite a...