Baidu, Inc. ("Baidu" or the "Company") (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that the Company

Baidu has transformed into an AI-driven company, with AI contributing more than half of its total revenue since Q1 2026. Despite this growth, the legacy search business is under threat from AI disruption, and the AI infrastructure segment faces strong competition. The company’s autonomous driving unit, Apollo, shows future potential but faces regulatory and operational challenges that cloud its monetization prospects. The current valuation suggests limited upside, leading to a HOLD rating on Baidu stock.

Baidu held an extraordinary general meeting where shareholders approved the company's voluntary conversion from a secondary to a primary listing on the Hong Kong Stock Exchange. This change will make Baidu a dual-primary listed issuer on both the Hong Kong Stock Exchange and Nasdaq. The company will now proceed with necessary regulatory and compliance steps to finalize this transition. This move reflects Baidu's strategic focus on strengthening its presence in Hong Kong's capital market.

Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that its extraordinary general meeting of shareholders (the "EGM") was held in Beijing today and all the proposed resolutions set out in the notice of the EGM dated July 27, 2026 were duly passed at the EGM.

Baidu’s Apollo Go unit has already rolled out fully driverless robotaxis on Uber’s platform in Dubai, where New Horizon Luxury Transport operates the fleet and riders can book autonomous Apollo Go vehicles via Uber Comfort, UberX or a dedicated “Autonomous” option in select Umm Suqeim and Jumeirah areas. This marks Apollo Go’s first international deployment through both its own app and a major third‑party platform, highlighting how Baidu is exporting its autonomous driving technology stack...

Uber says Dubai serves as the launchpad for scaling thousands of Apollo Go vehicles across Uber’s global network.

Baidu announced that Apollo Go’s fully autonomous vehicles are now available to riders in Dubai via the Uber app, allowing customers in select areas of Umm Suqeim and Jumeirah to book driverless rides under a multi-year partnership aimed at expanding autonomous services across global markets. This marks Uber’s first international deployment of Baidu’s robotaxis through a third-party platform, highlighting how Uber is leaning on partners’ autonomous technology to broaden its mobility offering...

Baidu, Inc. (NASDAQ:BIDU) reported a second quarter that made its AI transformation look both more credible and more difficult. Revenue fell 4% year over year to RMB31.3 billion, below consensus estimates of roughly RMB32.0 billion, while non-GAAP diluted earnings per ADS of RMB7.22 also missed consensus estimates of RMB9.84. Shares closed Tuesday at $90.87, down […]

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