Can Apollo Go's Global Expansion Power Baidu's Next Growth Phase?

Key Takeaways Apollo Go's 148% ride surge signals growing scale and earnings leverage ahead.Expanding global routes position Apollo Go as Baidu's next profit driver.The low-cost RT6 platform gives Baidu a strong edge in Level 4 deployment.Baidu’s (BIDU) autonomous driving unit Apollo Go stands at an inflexion point that could reshape the company's revenue trajectory beyond its traditional search and cloud businesses. The robotaxi service delivered over 2.2 million fully driverless rides in the second quarte ...