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Asset Entities, Inc. engages in providing social media marketing and content delivery services. It offers its services to Discord, TikTok, and other social media platforms. It also designs, develops and manages servers for communities on Discord. The company was founded by Arshia Sarkhani, Jackson Fairbanks, Arman Sarkhani and Kyle Fairbanks on August 1, 2020 and is headquartered in Dallas, TX.

Asset Entities Inc - Ordinary Shares - Class B

Asset Entities Inc.

Asset Entities is trending as the community anticipates a potential short squeeze following the completion of its merger with Strive Enterprises; traders are closely watching for a CUSIP change and its potential impact on short positions. Chatter revolves around the possibility of the company investing its substantial treasury into Bitcoin, drawing comparisons to other companies in the crypto space. Some traders express frustration that the price has not yet reflected the merger news and the potential for a short squeeze.

Ripple is the catchall name for the cryptocurrency platform, the transactional protocol for which is actually XRP, in the same fashion as Ethereum is the name for the platform that facilitates trades in Ether. Like other cryptocurrencies, Ripple is built atop the idea of a distributed ledger network which requires various parties to participate in validating transactions, rather than any singular centralized authority. That facilitates transactions all over the world, and transfer fees are far cheaper than the likes of bitcoin. Unlike other cryptocurrencies, XRP transfers are effectively immediate, requiring no typical confirmation time.  Ripple was originally founded by a single company, Ripple Labs, and continues to be backed by it, rather than the larger network of developers that continue bitcoin’s development. It also doesn’t have a fluctuating amount of its currency in existence. Where bitcoin has a continually growing pool with an eventual maximum, and Ethereum theoretically has no limit, Ripple was created with all of its 100 billion XRP tokens right out of the gate. That number is maintained with no mining and most of the tokens are owned and held by Ripple Labs itself — around 60 billion at the latest count.  Even at the recently reduced value of around half a dollar per XRP, that means Ripple Labs is currently sitting on around $20 billion worth of the cryptocurrency (note: Ripple’s price crashed hard recently, and may be worth far less than $60 billion by time you read this). It holds 55 billion XRP in an escrow account, which allows it to sell up to a billion per month if it so chooses in order to fund new projects and acquisitions. Selling such an amount would likely have a drastic effect on the cryptocurrency’s value, and isn’t something Ripple Labs plans to do anytime soon.  In actuality, Ripple Labs is looking to leverage the technology behind XRP to allow for faster banking transactions around the world. While Bitcoin and other cryptocurrencies are built on the idea of separating financial transactions from the financial organizations of traditional currencies, Ripple is almost the opposite in every sense.  XRP by Ripple price can be found on this page alongside the market capitalization and additional stats.

Ripple

XRP.X is trending as the community speculates on potential catalysts, including a possible spot ETF and upcoming rate cuts, while also closely monitoring price action and key resistance levels. Discussions include both bullish sentiment, with some anticipating a significant breakout, and skepticism regarding its performance compared to other cryptocurrencies. Traders are actively debating strategies around accumulating and holding versus taking profits.

Creative Media & Community Trust Corp. is a real estate investment trust that seeks to own, operate, and develop premier multifamily and creative office assets in vibrant and emerging communities throughout the United States. It operates through the following segments: Office, Hotel, and Lending. The Office segment consists of the rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment involves the operation of hotel properties. The Lending segment focuses on loans to small businesses. The company was founded in 1993 and is headquartered in Dallas, TX.

Creative Media & Community Trust

CMCT is trending as traders discuss its potential for a short squeeze, citing its low float and recent price action. Community members are speculating on news and some anticipate a run to fill a previous gap. Others point to the company's fundamentals and note a reverse split is on the horizon.

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

Trump Media & Technology Group Corp.

Conversations around DJT are heavily focused on political affiliations following a shooting involving Charlie Kirk, with community members debating the shooter's motives and ideological alignment. Some users are pointing fingers between the left and right, while others are highlighting the broader implications of political rhetoric and violence. The stock is also being discussed in relation to broader market trends and potential financial impacts.

Gemini Space Station Inc. - Ordinary Shares- Class A

Gemini Space Station

Gemini Space Station ($GEMI) is trending after its IPO, with the community actively discussing its potential and comparing it to other recent IPOs. Some investors are excited about the company's prospects and credit card rewards program, while others express concerns about its valuation and potential for a pullback. The stock's initial trading volatility and comparison to other crypto-related companies are also key talking points.

aTyr Pharma, Inc. engages in the discovery and development of medicines based on novel biological pathways. Its product pipeline includes ATYR1923, ATYR2810, NRP2 mAbs, and AARS-1, DARS-1. The company was founded by Paul Schimmel, Xiang-Lei Yang and Bruce Beutler on September 8, 2005 and is headquartered in San Diego, CA.

Atyr Pharma Inc

aTyr Pharma, Inc

ATYR is trending as traders anticipate Phase 3 data, expected mid-September, with the community actively debating potential outcomes and price targets. Bullish sentiment is fueled by recent institutional buying and analyst ratings, while bears cite concerns over trial design and past performance, with some highlighting the involvement of controversial figures known for short selling. The potential for a short squeeze and the high implied volatility are adding to the speculative buzz.

Moderna, Inc. engages in the development of transformative medicines based on messenger ribonucleic acid. The firm's product pipeline includes the following modalities: prophylactic vaccines, cancer vaccines, intratumoral immuno-oncology, localized regenerative therapeutics, systemic secreted therapeutics, inhaled pulmonary therapeutics and systemic intracellular therapeutics. It operates through the following geographical segments: United States, Europe, and Rest of World. The company was founded by Noubar B. Afeyan, Robert S. Langer, Jr., Derrick J. Rossi, and Kenneth R. Chien in 2010 and is headquartered in Cambridge, MA.

Moderna Inc

Moderna is trending downwards as reports circulate that the Trump administration may link COVID-19 vaccines to child deaths, creating uncertainty around the stock's future. The community is discussing the potential impact of this news, while some investors see a buying opportunity due to the perceived overreaction and low valuation. Discussions also include Moderna's pipeline beyond COVID-19, especially its personalized cancer vaccine program.

Pfizer Inc. is a research-based global biopharmaceutical company, which engages in the discovery, development, manufacture, marketing, sales and distribution of biopharmaceutical products worldwide. The firm works across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases. The company was founded by Charles Pfizer Sr. and Charles Erhart in 1849 and is headquartered in New York, NY.

Pfizer Inc.

Pfizer Inc

Pfizer is trending amid discussions around the implications of potential shifts in government policy regarding COVID-19 vaccines, including concerns about linking vaccines to child deaths. The community is weighing the potential impact on Pfizer's revenue and future prospects, with some questioning liability and others pointing to the company's broader pipeline beyond vaccines. Additionally, some traders are closely monitoring technical indicators and dividend payouts, viewing the dip as a possible buying opportunity.

GlucoTrack, Inc. designs, develops, and commercializes non-invasive glucose monitoring devices for use by persons suffering from diabetes. The company offers the GlucoTrack model DF-F glucose monitoring device, which utilizes a patented combination of ultrasound, electromagnetic and thermal technologies to obtain glucose measurements in less than one minute via a small sensor that is clipped onto one's earlobe and connected to a small, handheld control and display unit, all without drawing blood or interstitial fluid. It was designed to help people with diabetes and pre-diabetics obtain glucose level readings without the pain. The company was founded by Avner Gal and David Malka in September 2001 and is headquartered in Rutherford, NJ.

GlucoTrack Inc

GCTK is trending due to a recently announced $20 million investment agreement, sparking significant price movement and active discussion about its potential. The community is focused on the stock's low float and speculating about a potential short squeeze, while also keeping an eye on an upcoming investor summit. Some traders are also wary of dilution and high volatility.

Onyx is an infrastructure for a multi-asset, scalable, and cryptographically secure ledger. Onyx functions as a blockchain-based technology that enhances financial ecosystems by enabling a more efficient and interconnected economy, with a mission to develop cryptographic ledgers that optimize security, scalability, and usability. XCN is native to the Onyx XCN Ledger Blockchain and as an ERC-20 token for Staking and Governance.

Onyxcoin

Onyxcoin ($XCN.X) is trending amidst discussions about potential pumps and dumps, with community members analyzing buying patterns and anticipating price movements. Some investors express optimism based on the upcoming Goliath Testnet deployment and potential for an altseason, while others remain skeptical, citing concerns about manipulation and past performance. Discussions also revolve around the Onyx Wallet release, Chain's involvement, and the project's alignment with institutional finance.

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UBER Vs. GRAB: Which Ride-Hailing Stock Has Better Upside Potential?

Uber's global reach, strong earnings, and bold buybacks give it an edge over Grab's narrower Southeast Asian focus.

WeRide (WRD) announced on Monday that its robotaxi has been granted an autonomous driving permit in Saudi Arabia, expanding its number of such licenses to six countries.Shares of WeRide traded over 7% higher in the pre-market session on Monday at the time of writing.On Stocktwits, retail sentiment around <a href="https://stocktwits.com/symbol/WRD">WeRide</a> trended in the ‘extremely bullish’ territory over the past 24 hours, while message volume remained at ‘high’ levels.<figure class="image"><img style="aspect-ratio:626/61;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_28_at_7_50_32_AM_png_11e056b3ba.webp" alt="WRD's Sentiment Meter and Message Volume as of 7:50 a.m. ET on July 28, 2025 | Source: Stocktwits" width="626" height="61"><figcaption>WRD's Sentiment Meter and Message Volume as of 7:50 a.m. ET on July 28, 2025 | Source: Stocktwits</figcaption></figure> A Stocktwits user expressed optimism that the stock would hit $20.<stembedurl>https://stocktwits.com/Itradestocks999/message/622668956</stembedurl>Another opined that the news serves as a hint to put all doubts to rest.<stembedurl>https://stocktwits.com/LubberJML/message/622669179</stembedurl>WeRide now <a target="_blank" rel="noopener noreferrer nofollow" href="https://ir.weride.ai/news-releases/news-release-details/weride-robotaxi-secures-autonomous-driving-permit-saudi-arabia">holds</a> autonomous driving permits in Saudi Arabia, China, the U.A.E., Singapore, France, and the U.S.With the permit, it is authorized to operate an autonomous vehicle business and deploy robotaxis nationwide in Saudi Arabia. The company was granted the permit last week after its robotaxis completed the approval process, including rigorous testing, assessments, and technology validation. It entered the Saudi Arabian market in May earlier this year.WeRide launched pilot operations of its robotaxis in Riyadh, in collaboration with ride-hailing partner Uber Technologies (UBER) and local partner Ai Driver, last week. The pilot covers King Khalid International Airport and several key locations throughout Riyadh.A full-scale commercial robotaxi service is expected to launch by the end of the year in partnership with Uber.WeRide is currently also testing and operating its Robobus in key locations, including King Fahad Medical City, Aramco residential communities, AlUla, and the Ritz-Carlton, Riyadh.WeRide robotaxis are also undergoing fully driverless robotaxi testing in Abu Dhabi. It will soon extend its robotaxi service to Dubai.WRD stock is down 27% this year and approximately 38% over the past 12 months.Read also: <a href="https://stocktwits.com/news-articles/markets/equity/a-jpmorgaa-upgrase-of-this-bitcoin-linked-stock-has-ignited-retail-buzz/choenuOR5Dv">A JPMorgan Upgrade Of This Bitcoin-Linked Stock Has Ignited Retail Buzz On Stocktwits: More Details Inside</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, the WeRide, Inc. logo is displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)

WeRide Receives Autonomous Driving Permit in Saudi Arabia: Retail Sees Stock Hitting $20

A full-scale commercial WeRide robotaxi service is expected to launch by the end of the year in partnership with Uber in Saudi Arabia.

Equity

UBER vs. PONY: Which Stock is Leading in Autonomous Ride-Hailing?

UBER inks AV deals with WeRide and NVIDIA, but PONY ramps robotaxi rollout and aims to have in excess of 1,000 robotaxis by 2025-end.

Nasdaq-listed shares of China’s WeRide Inc. (WRD) traded over 3% higher on Monday at noon after Dubai’s Roads and Transport Authority (RTA) <a target="_blank" rel="noopener noreferrer nofollow" href="https://mediaoffice.ae/en/news/2025/june/15-06/rta-signs-mou-with-uber-technologies-and-weride-to-launch-pilot-operations-of-autonomous-vehicles">said</a> that it has signed a Memorandum of Understanding (MoU) with Uber Technologies, Inc. (UBER) and WeRide.Under the agreement signed on Sunday, pilot operations of WeRide’s autonomous vehicles will commence later this year via the Uber app in Dubai.In the initial phase, the vehicles will operate with a safety driver on board, paving the way for the full-scale commercial rollout of driverless services in 2026, according to the Dubai government.Field preparations for the pilot phase are already underway, led by Uber and WeRide, with strategic support and supervision from RTA, it added.Uber and WeRide first announced a partnership with Dubai’s RTA in April to bring autonomous vehicles to the country without providing a timeline for launch.The launch of WeRide’s robotaxis in Dubai follows the successful commercial launch of WeRide AVs in Abu Dhabi on Uber in December 2024.Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of RTA, stated that the new agreement supports the objectives of the Dubai Smart Self-Driving Transport Strategy, which aims to convert 25% of all mobility journeys in the emirate into autonomous trips across various transport modes by 2030.Earlier in May, WeRide and Uber also announced plans to expand their autonomous vehicle partnership to 15 additional cities over the next five years, focusing on regions outside the U.S. and China, including Europe.On Stocktwits, retail sentiment around WeRide stayed unchanged within the ‘bearish’ territory over the past 24 hours while message volume remained ‘low’.<figure class="image"><img style="aspect-ratio:627/63;" src="https://news.stocktwits-cdn.com/Screenshot_2025_06_16_at_2_08_33_PM_png_cba83b3dd1.webp" alt="WRD's Sentiment Meter and Message Volume as of 2:08 p.m. ET on June 16, 2025 | Source: Stocktwits" width="627" height="63"><figcaption>WRD's Sentiment Meter and Message Volume as of 2:08 p.m. ET on June 16, 2025 | Source: Stocktwits</figcaption></figure> A Stocktwits user, however, expressed hopes that the stock would hit $6.05 this week.<stembedurl>https://stocktwits.com/Rexracer13/message/618036591</stembedurl><a href="https://stocktwits.com/symbol/WRD">WRD stock</a> is down by 43% this year and by about 51% over the past 12 months.Read Next: <a href="https://stocktwits.com/news-articles/markets/equity/microsoft-strengthens-european-cloud-compliance-with-new-data-protection-measures/chlnUlqRRRx">Microsoft Strengthens European Cloud Compliance With New Data Protection Measures: Retail Sentiment Sees No Traction</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

WeRide Robotaxis To Start Operating In Dubai Via Uber This Year: Retail Sees Stock Breach $6 This Week

In the initial phase, the vehicles will operate with a safety driver on board, paving the way for the full-scale commercial rollout of driverless services in 2026, the Dubai government said. 

Autonomous driving technology company WeRide Inc. (WRD) on Tuesday <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/news-release/2025/06/03/3092549/0/en/WeRide-Teams-Up-with-Renault-to-Bring-Autonomous-Shuttle-to-Roland-Garros-Again.html">said</a> that it is partnering with French automaker Renault Group for the second consecutive year to provide a Level-4 autonomous minibus shuttle service during the 2025 Grand Slam tournament at Stade Roland Garros in Paris, France.WeRide Robobus debuted at the French Open last year.The Robobus service covers 2.8 km in 12 minutes, connecting Avenue de la Porte d'Auteuil, Place de la Porte d'Auteuil, P1 Parking Carrefour des Anciens Combattants, and Village de Roland Garros. It runs daily from May 25 to June 8, 10.30 a.m. to 5 p.m., 6 p.m. to 8 p.m. and 10 p.m. to midnight.WeRide and Renault jointly launched Europe’s first fully driverless commercial Robobus deployment in France’s Drôme region in March, in collaboration with beti Automated Mobility and Macif.WeRide's Robobus is a pre-designed autonomous driving minibus that is powered by the company’s full-stack, self-developed autonomous driving system.The company’s products have received autonomous driving permits in China, the U.A.E., Singapore, France, and the U.S.Last month, WeRide and ride-hailing platform Uber Technologies (UBER) announced plans to expand their autonomous vehicle partnership to 15 additional cities over the next five years, focusing on regions outside the U.S. and China, including Europe.In each new city, WeRide’s autonomous vehicles will operate through the Uber app, with Uber handling fleet operations.Uber also committed to an equity investment of $100 million in WeRide in addition to its existing investment as part of the extended partnership. The investment is expected to be completed by the second half of 2025.On Stocktwits, retail sentiment around WeRide fell from ‘neutral’ to ‘bearish’ territory over the past 24 hours while message volume remained at ‘normal’ levels.<figure class="image"><img style="aspect-ratio:631/68;" src="https://news.stocktwits-cdn.com/Screenshot_2025_06_03_at_7_24_25_AM_png_c7d9e6aee6.webp" alt="WRD's Sentiment Meter and Message Volume as of 7:20 a.m. ET on June 3, 2025 | Source: Stocktwits" width="631" height="68"><figcaption>WRD's Sentiment Meter and Message Volume as of 7:20 a.m. ET on June 3, 2025 | Source: Stocktwits</figcaption></figure><a href="https://stocktwits.com/symbol/WRD">WRD stock</a> is trading about 2% higher in pre-market on Tuesday. The stock is down approximately 31% this year and 41% over the past 12 months.Read Next: <a href="https://stocktwits.com/news-articles/markets/equity/microsoft-cuts-hundreds-of-jobs-amid-inclement-macro-rising-capex-needs/chkrTPERbvB">Microsoft Cuts Hundreds Of Jobs Amid Inclement Macro, Rising AI Capex Needs</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

WeRide Partners With Renault To Provide Autonomous Shuttle At The French Open, But Retail’s Not Excited 

The Robobus service covers 2.8 km in 12 minutes, connecting Avenue de la Porte d'Auteuil, Place de la Porte d'Auteuil, P1 Parking Carrefour des Anciens Combattants, and Village de Roland Garros.

Hesai's first-quarter financial disclosure triggered increased retail chatter on Monday after the lidar technology company reduced its net loss to RMB 17.5 million (US$2.4 million) in the first quarter (Q1), an 84% improvement from the prior year.The firm posted earnings per share of RMB 0.06, compared with a loss of RMB 0.54 in the same period last year.Hesai's net revenue during Q1 was RMB 525.3 million, a nearly 50% increase over the previous year.The stock closed at $21.45 on Friday, down 0.83% or $0.18 for the day.The company shipped close to 200,000 lidar units during the quarter, more than triple the volume from Q1 2024.&nbsp;Despite the seasonally slower period, Hesai remained profitable on a non-GAAP basis, exceeding earlier guidance.Hesai secured multiple ADAS design wins with 23 global OEMs across more than 120 vehicle models, including recent deals with Chery, Great Wall Motor, Zeekr, and Geely.&nbsp;The company also announced a new development project with a top-five global Tier 1 supplier in Japan and continued advancing proof-of-concept programs in Europe and Japan.In robotics, Hesai’s JT series lidar attracted interest from a broad customer base, and the company remains the leading lidar supplier for robotaxi fleets from Baidu Apollo Go, DiDi, Pony.ai, and WeRide.Hesai also confirmed the dismissal of all outstanding intellectual property litigation, including a patent infringement case filed by&nbsp; Ouster, a fellow lidar company, in U.S. courts and the International Trade Commission, with no financial settlements or injunctive relief imposed.CFO Andrew Fan said the company remains on track to meet full-year profitability targets despite a challenging tariff environment.On Stocktwits, retail sentiment was ‘extremely bullish’ amid ‘extremely high’ message volume.The stock has risen 33% so far in 2025.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Hesai Stock Trims Q1 Loss, Secures New ADAS Deals; Retail Sentiment Turns ‘Extremely Bullish’

The company reported RMB 525.3 million in revenue and secured new ADAS design wins and robotics deals while confirming the dismissal of all IP litigation.

Will Tencent Give WeRide the Edge in the Robotaxi Race?

Shares of WeRide Inc. (WRD) soared 22% on Wednesday noon after the company <a target="_blank" rel="noopener noreferrer nofollow" href="https://ir.weride.ai/news-releases/news-release-details/weride-announces-plan-expand-commercial-robotaxi-services-15">reported</a> increasing revenue and a narrowing loss for the first quarter, together with a $100 million share repurchase program.The company’s total revenue in the period was RMB72.4 million ($10.03 million), compared to RMB71.2 million in the same period of 2024.The increase in revenue was owing to an increase in the sales of robotaxis and robosweepers in the first quarter (Q1) of 2025, which was partially offset by a decrease in the sales of robobuses and a decrease in service revenue, the company said. Revenue from the robotaxi business accounted for 22.3% of the company’s overall revenue in the quarterBasic and diluted net loss per American depository share (ADS) in the quarter was RMB1.38, compared to a loss of RMB11.85 in the same period of 2024.The China-based robotaxi company increased its total fleet size to over 1,200 units in the quarter.WeRide also announced on Wednesday that its board has authorized a share repurchase program, under which the company may repurchase up to $100 million of its Class A ordinary shares, including American depositary shares, over the next 12 months.CFO Jennifer Li said that the company's adoption of the share repurchase program reflects its confidence in its financial health and long-term outlook.Earlier this month, WeRide and ride-hailing platform Uber Technologies (UBER) announced plans to expand their autonomous vehicle partnership to 15 additional cities over the next five years, focusing on regions outside the U.S. and China, including Europe.In each new city, WeRide’s autonomous vehicles will operate through the Uber app, with Uber handling fleet operations.Uber also committed to an equity investment of $100 million in WeRide in addition to its existing investment as part of the extended partnership. The investment is expected to be completed by the second half of 2025.On Stocktwits, retail sentiment around WeRide jumped from ‘neutral’ to ‘extremely bullish’ over the past 24 hours while message volume rose from ‘high’ to ‘extremely high’ levels.<figure class="image"><img style="aspect-ratio:627/63;" src="https://news.stocktwits-cdn.com/Screenshot_2025_05_21_at_11_26_14_AM_png_5ca6091dd0.webp" alt="WRD's Sentiment Meter and Message Volume as of 11:25 a.m. ET on May 21, 2025 | Source: Stocktwits" width="627" height="63"><figcaption>WRD's Sentiment Meter and Message Volume as of 11:25 a.m. ET on May 21, 2025 | Source: Stocktwits</figcaption></figure> A Stocktwits user expressed optimism for the stock, highlighting the imminent investment from Uber and the share repurchase program.<stembedurl>https://stocktwits.com/Shagg85/message/615385094</stembedurl><a href="https://stocktwits.com/symbol/WRD">WRD stock</a> is down by about 27% this year. The company’s ADSs started trading on the Nasdaq in late October.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/speaker-johnson-says-agreement-reached-on-salt-deduction-cap-on-trump-tax-bill/ch0ee80RbYj">Speaker Johnson Says Agreement Reached On SALT Deduction Cap, Clearing Another Hurdle In The Way Of Trump’s Tax Bill</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.(Exchange rate: 1 RMB = 0.14 USD)

WeRide Narrows Losses In Q1, Announces $100M Share Repurchase Program: Retail’s Thrilled

The China-based robotaxi company increased its total fleet size to over 1,200 units in the quarter.

WeRide Inc. (WRD) announced on Tuesday that it is collaborating with Tencent Cloud to expand its robotaxi ambitions globally.WeRide’s stock was up 1.5% at the time of writing.According to the deal, WeRide will leverage Tencent Cloud’s global infrastructure to offer its intelligent driving services to customers&nbsp;worldwide.With this partnership, WeRide is looking to offer Level-4 autonomous robotaxi services. The company said these services will be integrated into Tencent Smart Recognition Mini Program on Weixin, WeChat, and Tencent Maps platforms.L4, or Level-4, is a stage of autonomous driving in which the vehicle can handle dynamic driving tasks such as intervening in situations that would be difficult for humans to manage.&nbsp;However, this is done within a limited area, owing to legislative requirements.“With a view toward global expansion, both parties will jointly develop intelligent driving solutions for international markets,” WeRide said in its announcement.The company said Tencent Cloud will allow it to offer localized and compliant cloud services in countries outside of China, enabling it to accelerate the commercial rollout of its robotaxi services overseas.This partnership builds on an agreement signed between WeRide and Tencent Cloud in April 2024. As per the agreement, the companies kick-started a collaboration to develop an autonomous driving cloud platform, which could then be offered as a service to global original equipment manufacturers and Tier 1 suppliers.WeRide said it completed the mass production of a driver assistance solution in partnership with Bosch using Tencent Cloud's infrastructure and support.WeRide currently operates in more than 30 cities in 10 countries and holds a driverless permit in the U.S., China, Singapore, France, and the UAE.The company offers autonomous driving products from L2 to L4 categories.<a href="https://stocktwits.com/symbol/WRD">WeRide’s stock</a> is down nearly 40% year-to-date.For updates and corrections, email newsroom[at]stocktwits[dot]com.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/pfizer-inks-deal-with-china-3sbio/ch0dy2fRbof">Pfizer Strikes Deal With China’s 3SBio For Experimental Cancer Drug License</a>

Citizens take a WeRide self-driving mini robobus for free at Guangzhou International Bio Island on January 9, 2022 in Guangzhou, Guangdong Province of China. (Photo by Chen Jimin/China News Service via Getty Images)

WeRide Teams Up With Tencent Cloud To Accelerate Global Robotaxi Ambitions

The company said Tencent Cloud will allow it to offer localized and compliant cloud services in countries outside of China, accelerating the commercial rollout of its robotaxi services overseas.

All You Need to Know About WeRide Inc. (WRD) Rating Upgrade to Buy

WeRide, Inc. is an autonomous driving technology company that focuses on the development and deployment of AI-powered software solutions for self-driving vehicles. It specializes in the research, development, and application of autonomous driving software. The company operates a global robotaxi fleet and offers autonomous driving software platforms that deliver Level 2 to Level 4 autonomous driving products and solutions, including commercial robotaxi services across mobility, logistics, and sanitation industries. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.

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WeRide Inc. - ADR

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