WeRide Inc. ownership disclosure: Uber Technologies, Inc. reports beneficial ownership of 56,618,266 Class A ordinary shares, representing 5.82% of the Class A outstanding as calculated on March 24, 2026.
The filing states the holding comprises 23,038,300 Class A ordinary shares plus 11,193,322 ADSs (each ADS = three Class A shares), equal to 33,579,966 underlying Class A shares, held through SMB Holding Corporation, a wholly owned subsidiary of Uber.
Positive
None.
Negative
None.
Insights
Uber reports a 5.82% stake in WeRide via a subsidiary.
Uber's Schedule 13G lists beneficial ownership of 56,618,266 Class A ordinary shares, combining direct Class A shares and ADS-converted shares held by SMB Holding. The percentage uses an issued share base of 972,294,941 as of March 24, 2026.
Ownership is disclosed as sole voting and dispositive power for the reported shares. Subsequent filings may update percentages if the issuer's share count or Uber's holdings change.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
WeRide Inc.
(Name of Issuer)
Class A ordinary shares, par value US$0.00001 per share**The CUSIP applies to the ADSs of WeRide Inc.; the Class A ordinary shares do not have a CUSIP
(Title of Class of Securities)
950915108
(CUSIP Number)
03/25/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
950915108
1
Names of Reporting Persons
Uber Technologies, Inc
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
56,618,266.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
56,618,266.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
56,618,266.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.82 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Note for (5), (7), (9) - Represents 23,038,300 Class A Ordinary Shares and 33,579,966 Class A Ordinary Shares underlying 11,193,322 ADSs of the Issuer held by SMB Holding Corporation, a wholly-owned subsidiary of Uber Technologies, Inc., a publicly traded company.
Note for (11) - The percent of Class A Ordinary Shares, including Class A Ordinary Shares as well as Class A Ordinary Shares underlying ADSs, beneficially owned by the Reporting Person was calculated based on the 972,294,941 Class A Ordinary Shares issued as of March 24, 2026, as described in the Issuer's report on Form 6-K filed with the Securities and Exchange Commission on March 24, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
WeRide Inc.
(b)
Address of issuer's principal executive offices:
21st Floor, Tower A, Guangzhou Life Science Innovation Center, No. 51, Luoxuan Road, Guangzhou International Biotech Island, Guangzhou, China, 510005
Item 2.
(a)
Name of person filing:
This Statement is being filed by Uber Technologies, Inc. (the "Reporting Person" or "Uber"), a publicly traded Delaware corporation, because the Reporting Person holds 23,038,300 Class A ordinary shares, par value US$0.00001 per share ("Class A Ordinary Shares") and 11,193,322 American Depositary Shares ("ADSs"), each representing three Class A Ordinary Shares, of WeRide Inc. (the "Issuer") through SMB Holding Corporation ("SMB Holding"), a wholly-owned, indirect subsidiary of the Reporting Person.
(b)
Address or principal business office or, if none, residence:
1725 3rd Street
San Francisco, CA 94158
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Class A ordinary shares, par value US$0.00001 per share**The CUSIP applies to the ADSs of WeRide Inc.; the Class A ordinary shares do not have a CUSIP
(e)
CUSIP Number(s):
950915108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
56,618,266*
(b)
Percent of class:
5.82%**
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
56,618,266*
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
56,618,266*
(iv) Shared power to dispose or to direct the disposition of:
0
* Represents 23,038,300 Class A Ordinary Shares and 33,579,966 Class A Ordinary Shares underlying 11,193,322 ADSs of the Issuer held by SMB Holding Corporation, a wholly-owned subsidiary of Uber Technologies, Inc., a publicly traded company.
** The percent of Class A Ordinary Shares, including Class A Ordinary Shares as well as Class A Ordinary Shares underlying ADSs, beneficially owned by the Reporting Person was calculated based on the 972,294,941 Class A Ordinary Shares issued as of March 24, 2026, as described in the Issuer's report on Form 6-K filed with the Securities and Exchange Commission on March 24, 2026.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See attached Exhibit A relating to the securities that are held by SMB Holding, a subsidiary of the Reporting Person.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Uber reports beneficial ownership of 56,618,266 Class A shares (5.82%). This includes 23,038,300 Class A shares and 11,193,322 ADSs representing 33,579,966 underlying Class A shares, per the Schedule 13G filing.
How is the 56,618,266 share total composed?
Composition: 23,038,300 direct Class A shares and 11,193,322 ADSs. Each ADS represents three Class A shares, so the ADSs correspond to 33,579,966 underlying Class A shares held by SMB Holding Corporation.
What share count was used to calculate the 5.82% ownership?
The percentage is based on 972,294,941 Class A shares issued as of March 24, 2026. That issued share figure is cited in the filing as the denominator for the percent calculation.
Who holds the WeRide shares on behalf of Uber?
SMB Holding Corporation, an indirect wholly-owned subsidiary of Uber, holds the securities. The Schedule 13G states the Reporting Person is Uber and that the shares/ADSs are held through SMB Holding.
Does Uber report voting or dispositive power over these shares?
Yes — the filing reports sole voting and sole dispositive power for 56,618,266 shares. Shared voting or dispositive powers are reported as zero in the disclosure.
