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Uber and Baidu Launch Robotaxis, Stocks Surge

7/15/2025

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Summary

Story summary

Uber Technologies is teaming up with Baidu to roll out robotaxis across Asia and the Middle East this year. Baidu's Apollo Go fleet, the world's largest, has already completed over 11 million rides. Amidst competitive concerns, Uber's stock climbed 1%, while Baidu's shares surged nearly 5%, reflecting a promising future as Uber enjoys a remarkable 56% stock gain in 2025.

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Story summary

Uber Technologies is teaming up with Baidu to roll out robotaxis across Asia and the Middle East this year. Baidu's Apollo Go fleet, the world's largest, has already completed over 11 million rides. Amidst competitive concerns, Uber's stock climbed 1%, while Baidu's shares surged nearly 5%, reflecting a promising future as Uber enjoys a remarkable 56% stock gain in 2025.