$BIDU-SW(09888.HK$ i know it’s China and it’s Baidu (swear at them whatever words u like), but i know China is pushing autopilot tech, and i know Baidu has the edge: data collection, algorithm, MAP, its well managemed relationship with the gov… so much money can be made from passengers once hop in robotaxi, fee paying businesses along the map route can attract customers to stopover and buy. advertisement platform with 4 wheels. imagine this. think about power of synergy. it can be hug...
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EagleAlpha OP WinningTrader : Traders focus on price they pay, whilst contrarian investors care about value they get. I dislike Baidu cos it has no ethics but I hold my nose buying cos they know how to work with Chinese gov and they r laying foundation for big money. Not just robotaxi, Baidu is selling biz solutions to EV makers, among them (at least for the map part) there is Tesla. And I don’t care EV makers in China making money or loss, as long as the market is crowded and everyone needs to install map and autopilot.