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On May 21, WeRide, a pioneering autonomous driving technology company, unveiled its financial results for the first quarter of 2025. The report showcased robust global market performance, with total revenue amounting to RMB 72.44 million and a gross margin of 35.0%. Notably, the Robotaxi segment stood out, recording a significant revenue growth to RMB 16.1 million, contributing 22.3% to the overall revenue. Furthermore, WeRide deepened its strategic partnership with Uber, not only executing the largest Robotaxi collaboration initiative to date but also securing an additional USD 100 million equity investment from the ride-hailing giant. Concurrently, the company announced that its board of directors had authorized a share repurchase program of up to USD 100 million over the next 12 months, underscoring the company's unwavering confidence in its future growth prospects.
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