Baidu's stock price rose nearly 2% before the market opened. It was reported that Luobo Kuaipao had deployed 1,000 vehicles in Wuhan.

Market Information 10/07/2024 16:15

Glodon July 10th | Baidu closed up 8.47% yesterday (BIDU.US) continued to rise 1.82% in pre-market trading today, closing at $97.14. On the news front, it is rumored that Turnip Run has deployed 1,000 driverless taxis in Wuhan. An insider revealed that Baidu has not yet clearly announced the number of online taxis deployed in Wuhan and other places, and the relevant online rumors cannot be verified for the time being. It is reported that as of the first quarter of 2024, Baidu Turnip Run has provided 6 million rides to the public nationwide, of which the proportion of fully driverless orders in Wuhan has exceeded 55%, and continued to rise to 70% in April, and is expected to rise rapidly to 100% in the next few quarters.

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