--- title: "Why Baidu Stock Was Driving in the Fast Lane on Tuesday" description: "Baidu's stock surged by up to 9% following a strategic partnership with Uber to deploy autonomous vehicles globally. The collaboration aims to enhance affordable ridesharing options, leveraging Baidu'" type: "news" locale: "en" url: "https://longbridge.com/en/news/248658492.md" published_at: "2025-07-15T17:20:04.000Z" --- # Why Baidu Stock Was Driving in the Fast Lane on Tuesday > Baidu's stock surged by up to 9% following a strategic partnership with Uber to deploy autonomous vehicles globally. The collaboration aims to enhance affordable ridesharing options, leveraging Baidu's Apollo Go fleet of over 1,000 driverless vehicles. Initial deployments are set for Asia and the Middle East later this year. Despite past stagnation, this partnership could significantly boost Baidu's market presence, especially as it trades at a low valuation of 9 times trailing earnings, presenting a promising investment opportunity. Shares of **Baidu** (BIDU 9.13%) charged sharply higher on Tuesday, surging as much as 9%. As of 12:46 p.m. ET, the stock was still up 8.5%. The catalyst that sent the Chinese tech giant higher was a high-profile partnership for its self-driving car platform. Image source: Baidu. ## A foot in the door of a worldwide market In a joint press release, Baidu revealed that it had joined forces with **Uber** (UBER -1.67%) to accelerate the deployment of autonomous vehicles worldwide. The pair announced a "multi-year strategic partnership to deploy thousands of Baidu's Apollo Go autonomous vehicles (AVs) on the Uber platform across multiple global markets outside of the U.S. and mainland China." The press release went on to say that the focus would be on "increasing the supply of affordable and reliable ridesharing options." A partnership of this magnitude could be a huge catalyst for Baidu. Uber is widely recognized as the world's leading ride-hailing and delivery platform. For context, the company facilitated 3 billion rides in the first quarter, with more than 170 million monthly active platform customers. Furthermore, the number of both rides and riders continue to increase at a healthy double-digit clip. Baidu's Apollo Go fleet already numbers more than 1,000 driverless vehicles globally, earning it the title of the world's leading autonomous ride-hailing service. The first vehicle deployments of the partnership are expected to occur in Asia and the Middle East later this year. "After launch, if a rider requests a qualifying Uber trip, they may be presented with the option to have their trip fulfilled by a fully driverless Apollo Go autonomous vehicle," according to the press release. Baidu is often called "the Google of China," and search is the company's core business. Baidu has expanded beyond its original mandate into streaming video, artificial intelligence (AI), cloud services, and more, but its stock has been stuck in neutral in recent years. If the partnership with Uber bears fruit, it could mark the next big thing for Baidu. Like any company based in China, Baidu carries an element of additional risk. That said, at just 9 times trailing-12-month earnings, the stock is attractively priced given the breadth of the opportunity. ### Related Stocks - [K3SD.SG - BIDU ADR US](https://longbridge.com/en/quote/K3SD.SG.md) - [09888.HK - BIDU-SW](https://longbridge.com/en/quote/09888.HK.md) - [BIDU.US - Baidu](https://longbridge.com/en/quote/BIDU.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | China's Baidu adds OpenClaw AI into search app for 700 million users ahead of Lunar New Year | Baidu is set to integrate OpenClaw AI into its main smartphone app, allowing its 700 million users to directly interact | [Link](https://longbridge.com/en/news/275868006.md) | | U.S. withdraws Chinese military backed companies list-Federal Register | WASHINGTON, Feb 13 (Reuters) - The Trump administration on Friday withdrew an updated version of its list of Chinese mil | [Link](https://longbridge.com/en/news/275920026.md) | | U.S. Removes List Linking Alibaba, Baidu to China Military | The Pentagon added several Chinese companies, including Alibaba and Baidu, to its Section 1260H list, linking them to Ch | [Link](https://longbridge.com/en/news/275920712.md) | | Alibaba (BABA) Upgrades Qwen AI Model as China's Tech Giants Battle for Users | Alibaba has upgraded its AI model to Qwen3.5, enhancing its capabilities in text, image, and video processing. This move | [Link](https://longbridge.com/en/news/276055492.md) | | BUZZ-Kwality Wall's India drops 24% in trading debut | Shares of Kwality Wall’s (India) fell 24% to 30.55 rupees in its trading debut, valuing the firm at 71.78 billion rupees | [Link](https://longbridge.com/en/news/276037718.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.