Baidu to expand Apollo Go robotaxi service outside of China
Baidu, the Google of China, will roll out its driverless ride-hailing service overseas as it seeks to compete with the dearth of autonomous vehicle companies at home.
Baidu's robotaxi unit is exploring expansion into global markets in the 'near future'
Chinese tech company Baidu's robotaxi unit, Apollo Go, is in talks to expand overseas in the near future, according to a source familiar with the situation. Regulators in parts of Beijing and cities such as Wuhan — Apollo Go's largest operating region — have allowed companies to commercially operate self-driving taxis.
Baidu Plans International Expansion for Autonomous Taxi Service Apollo Go
Baidu is reportedly preparing to launch its autonomous taxi service, Apollo Go, outside of China. According to informed sources, the company is in talks with foreign automakers, ride-hailing platforms, and other tech companies to deploy Apollo Go through local partners.
Baidu CFO Rong Luo steps down from role, to head mobile ecosystem unit
Baidu , finance chief Rong Luo will step down from the role to lead its mobile ecosystem unit, the Chinese search engine giant said on Tuesday.
A More Bullish Sentiment Could Push Baidu Much Higher
The most recent sentiment change in China pushed Baidu's stock higher - along with other technology companies like Tencent or Alibaba. Revenue from online advertising is still struggling, but AI Cloud is growing in the double digits and intelligent driving might also be a long-term driver of revenue growth. Baidu is still deeply undervalued even when calculating with rather low growth rates.
Baidu: Re-Evaluating The AI Outlook
Baidu just held an upbeat AI-focused conference. But beneath the hood, the caveats are notable. Still, at current prices, there remains far more reward than risk.
Baidu, Inc. (BIDU) Is a Trending Stock: Facts to Know Before Betting on It
Baidu Inc. (BIDU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Baidu stock is extremely cheap, but one key risk remain
Baidu (BIDU) stock price has recovered modestly in the past few days, helped by the strong comeback of Chinese and global equities. It surged to a high of $107.67 on Monday, its highest swing since May 20th, and 31% above its lowest point this year.
Strength Seen in Baidu Inc. (BIDU): Can Its 9.1% Jump Turn into More Strength?
Baidu Inc. (BIDU) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Why Chinese Stocks Are Ripping Higher Today
In an unexpected meeting, China's Politburo pledged further support for the country's struggling economy. The Politburo is composed of top Chinese leaders and directs political, social, and economic policy in the country.
Wall Street Bulls Look Optimistic About Baidu Inc. (BIDU): Should You Buy?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Baidu Inc. (BIDU) Declines More Than Market: Some Information for Investors
Baidu Inc. (BIDU) reachead $94.01 at the closing of the latest trading day, reflecting a -0.84% change compared to its last close.
