Uber, Baidu and China
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As part of the arrangement, Baidu will introduce thousands of its Apollo Go autonomous vehicles on Uber’s platform in areas outside of China and the United States.
Ride-hailing app to buy 20,000 EVs and invest $300mn in Lucid alongside partnership with self-driving start-up Nuro
We recently published Lackluster Tuesday? Not for These 10 Stocks on Sky High. Baidu, Inc. (NASDAQ:BIDU) is one of Tuesday’s top performers. Baidu snapped a four-day losing streak on Tuesday, jumping 8.
Uber just announced a deal today with the company that runs one of the largest robotaxi fleets in China, as the ridehail giant nears its goal of becoming the world’s ultimate autonomous vehicle clearinghouse.
Uber and Baidu soon want to offer robotaxi services outside China and the USA. A newly signed strategic partnership provides for thousands of Baidu's
Rideshare OG Uber has announced a plan to roll out “thousands” of robo-taxis from Chinese tech giant Baidu. The two companies on Tuesday announced “a multi-year strategic partnership” to introduce the robo-cars outside the USA and China, starting later this year in unspecified countries across “Asia and the Middle East”.
Shares of Baidu ( BIDU 9.13%) charged sharply higher on Tuesday, surging as much as 9%. As of 12:46 p.m. ET, the stock was still up 8.5%. The catalyst that sent the Chinese tech giant higher was a high-profile partnership for its self-driving car platform.