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BIDU-SW Swells 4.5%+ after Tying Knot with Uber to Deploy Thousands of Driverless Cars
BIDU-SW (09888.HK) opened 4.56% higher at HKD91.7 today, with 815,200 shares traded, involving HKD74.7557 million. Overnight, Baidu’s ADR (BIDU.US) closed at USD93.3, up 8.65...
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BIDU-SW Swells 4.5%+ after Tying Knot with Uber to Deploy Thousands of Driverless Cars
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BIDU-SW (09888.HK)  -3.050 (-3.444%)    Short selling $361.53M; Ratio 34.028%   opened 4.56% higher at HKD91.7 today, with 815,200 shares traded, involving HKD74.7557 million. Overnight, Baidu’s ADR (BIDU.US)      closed at USD93.3, up 8.65%.

Yesterday, Baidu had announced a strategic partnership between its autonomous driving service platform, Apollo Go, and Uber (UBER.US)      to extend Apollo Go to multiple global markets beyond the US and mainland China.

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The collaboration plans to deploy thousands of autonomous vehicles, with Apollo Go’s sixth-generation driverless cars expected to land in Asia and the Middle East by the year end. By that time, passengers will be able to book these vehicles via the Uber app.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-17 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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