Baidu Unveils Plan to Build World’s Largest Ride-Hailing Service Area
29 November 2022 - 01:23PM
TipRanks
Shares of Baidu (NASDAQ: BIDU) were up in pre-market trading on
Tuesday as the Chinese artificial intelligence (AI) company on
Tuesday announced plans to build the world's largest autonomous
ride-hailing service area in 2023. The company made this
announcement at its autonomous driving tech event, Apollo Day.
Currently, Baidu's autonomous ride-hailing platform Apollo Go is
available in more than 10 cities in China. In the third
quarter, Apollo Go completed more than 474,000 rides, up 311% year
over year. By the end of the third quarter, Apollo Go provided
accumulated rides of 1.4 million.
https://www.tipranks.com/news/baidu-unveils-plan-to-build-worlds-largest-ride-hailing-service-area?utm_source=advfn.com&utm_medium=referral
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