bearish

WeRide

WeRide IPO - Stiff Competition and Bleak Sentiment.  Premium Valuation Doesn’t Help

278 Views13 Aug 2024 10:15
WeRide (WRD US) is looking to raise US$119m in its US IPO. We had looked at the firm’s past performance in our earlier notes. In this note, we discuss our thoughts on valuation.
What is covered in the Full Insight:
  • Introduction
  • Deal Terms
  • Deal Dynamics
  • Thoughts on Valuation
  • Concluding Thoughts
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