US Stock Market Move | WETO.US landed on Nasdaq, opening down 3%.
28/02/2025
GMT Eight
On Thursday, Zhejiang Uber Technology, the actual controlling shareholder of Weibus (WETO.US), landed on the Nasdaq, with the opening stock price falling. As of the time of writing, the stock has dropped by 3% to $3.88. The IPO price was $4. Weibus adopts the business model of "Mobility as a Service" (MaaS), and through the company's comprehensive digital platform, it identifies and solves the inefficiencies associated with inflexible or low-quality mobility solutions in different scenarios for customers around the world. The company provides customized commuting shuttle services, charter and bus services, guided tours, and other services for customers' business and leisure travel.