- A Chinese company managed to raise $120 mln in its IPO - The company's total valuation was about $4.21 billion - In the IPO, it sold 7.7 million of its shares at $15.5/pc. - The sale was at the low end of the $15.5-18.5 range - At the same time, the company conducted a private placement - WeRide was able to raise another $320.5 million. - WeRide is testing the technology on the roads of 30 cities. - Among them are unmanned cabs, buses, vans and others.