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Uber Technologies, Inc. shares rise 1.50% intraday as Baidu plans to launch self-driving taxi services in the UK by 2026.
ByAinvest
Monday, Aug 18, 2025 1:46 pm ET1min read
Uber Technologies, Inc. rose 1.50% in intraday trading. The company's stock price increase may be attributed to the news that Baidu, one of China’s largest technology companies, plans to launch self-driving taxi services in the United Kingdom by 2026, directly challenging American rivals such as Tesla. This development could potentially increase competition in the autonomous driving sector, which may have a positive impact on Uber's stock price.
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