Baidu's Trading Volume Drops 38.77% Ranking 194th as Apollo Go Expands in Abu Dhabi
On April 8, 2025, Baidu's trading volume reached 6.44 billion, a significant 38.77% decrease from the previous day, ranking 194th in the day's stock market activity. baidu (BIDU) experienced a 3.64% decline, marking its fourth consecutive day of losses, with a total decrease of 16.39% over the past four days.
Baidu's Apollo Go has formed a strategic partnership with autogo to develop the largest robotaxi fleet in Abu Dhabi. This collaboration aims to deploy dozens of autonomous vehicles initially, with plans for phased expansion in the future. The partnership is part of Baidu's broader strategy to expand its autonomous driving technology globally, leveraging its advanced Apollo Go platform.
This initiative not only underscores Baidu's commitment to innovation in the autonomous vehicle sector but also highlights its efforts to penetrate new markets. The collaboration with Autogo is expected to enhance Baidu's presence in the Middle East, a region with growing interest in autonomous transportation solutions. The success of this partnership could potentially drive investor confidence in Baidu's long-term growth prospects, particularly in the technology and innovation sectors.