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New Deal


Announced

Completed

WeRide completed the acquisition of MoonX.AI.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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technology solutions

Completed

Acquisition

Single Bidder

Private

Majority

China

IT Services: Other

Domestic

Friendly

Synopsis

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WeRide, an autonomous driving company, completed the acquisition of MoonX.AI, an autonomous trucking startup. Financial terms were not disclosed. “We are excited to welcome MoonX.AI to join the WeRide family. Dr. Yang and his highly accomplished team have best-in-class technological expertise, as well as operational know-how in the commercial application of driverless technology. With our shared vision and belief in autonomous driving and the continued expansion of our engineering team, WeRide is committed to accelerating the commercialization of driverless technology and leading the industry to achieve further innovations and breakthroughs," Tony Han, WeRide Founder and CEO.

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