Baidu opened its autonomous ride-hailing pilot program to the public in the southern Chinese city of Guangzhou Saturday, operating a fleet of 30 sedans in an area of around 60 square miles in Huangpu district. The internet giant has been piloting restricted non-commercial robotaxi services in four domestic cities, with plans to expand the numbers to 30 cities and 3,000 vehicles over the next three years. [Baidu press release, in Chinese]
Baidu in March became the first Chinese company permitted to offer robotaxi rides to paying customers by a local government.
Baidu’s $3.6 billion acquisition of YY Live, a streaming business of social media firm JOYY, is unlikely to win the approval of China’s antitrust regulator, Reuters reported on Sept. 24, citing two unnamed sources. Chinese search engine giant Baidu announced it would buy YY Live in November. [Reuters]
Baidu could eventually charge people to ride in its robotaxis—a milestone for the costly, years-long quest of self-driving cars.
Baidu on Thursday unveiled a new robotaxi model, called Apollo Moon, with a manufacturing cost significantly lower than competitors.
Baidu announced Monday that it will partner with automaker Geely to make smart EVs, expanding its push into a booming industry.
Baidu on Wednesday rolled out a new autonomous ride-hailing platform called “Luobo Kuaipao.” The Chinese search engine giant plans to promote the platform in 30 Chinese cities over the next three years. “Luobo Kuaipao,” which shares a similar pronunciation of “robotaxi” in Chinese, is part of Baidu’s plan to commercialize robotaxis. [Caixin, in Chinese]
JD.com and Baidu have jointly invested $400 million in elevator advertising firm Xinchao Media Group as returning investors.
In this episode, James, Elliott, and Michael Norris discuss the quarterly earnings of Baidu, Tencent, and JD, while also answering questions from listeners.
More global crypto exchanges to cut ties with mainland Chinese customers. Baidu registered a new blockchain software platform.