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ARK Invest Scoops Up 858,295 WeRide ADSs Over Three Days

The buys reflect a bet on WeRide's accelerating robotaxi commercialization.

Overview

  • On Dec. 3, ARK’s ARKQ ETF bought 191,149 WeRide shares, a trade reported at roughly $1.66–$1.74 million.
  • WeRide is running fully driverless Level‑4 robotaxi service on Uber in Abu Dhabi after securing a city‑level permit there.
  • WeRide reported Q3 2025 revenue of $24.0 million, with robotaxi revenue at $5.0 million and gross margin rising to 32.9%.
  • Recent analyst coverage includes Buy ratings and targets from Bank of America, BOCI, and Citi, citing commercialization progress.
  • ARK paired the WeRide accumulation with other moves, buying $3.81 million of GeneDx and selling $3.58 million of Iridium and $1.43 million of Ibotta, aligning with its autonomous mobility thesis.