Uber Strikes Partnership With Baidu
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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
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 has partnered with a number of firms for robotaxi services, but this latest alliance is getting more attention than most.
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Uber and Baidu join forces in the self-driving taxi market, combining Uber's network with Baidu's Apollo Go robotaxi fleet that has completed over 11 million rides across 15 cities.
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Jefferies views Baidu's (BIDU) newly announced partnership with Uber (UBER) for robotaxi services in Asia (excl. China) and the Middle East as a positive, which underscores the Chinese company's leading position in autonomous technology.
Uber seems a little off the pace in Southeast Asia, a region of over 600 million consumers where the ride-sharing economy is tipped to grow five-fold to reach $13.1 billion and 29 million ...