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Assessing Baidu (BIDU) Valuation After Apollo Go’s Fully Driverless Launch In Dubai
What Baidu’s Dubai robotaxis could mean for investors
Baidu (BIDU) has launched Apollo Go’s fully driverless commercial ride hailing service in Dubai, following local regulatory approval and partnerships with the Roads and Transport Authority and Dubai Taxi Company.
See our latest analysis for Baidu.
The Dubai robotaxi launch comes as Baidu’s share price, at US$110.96, shows weak recent momentum with a 30 day share price return of a 6.53% decline and a 90 day share price return of a 26.17%...