By Doug Young
Its New York IPO may be sidelined for the moment, but that doesn’t mean robotaxi operator WeRide Inc. is just sitting idly on the roadside.
The company suffered an embarrassing setback in August when its IPO, which was set to become one of the largest by a Chinese company in New York in the last three years, was suddenly derailed at the 11th hour. It’s been largely quiet on the matter since then, though it has continued to file updated materials with the U.S. securities regulator, including an updated prospectus filed on Wednesday this week.
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