Kraks
933199333
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or because some funds decided to gain a tons on it. last year I was following closely Shopify: the stock at one point went down and down till 49$ (I was having a purchase price of 60) without any really good reason. I sold it the moment I reached the break even... and now it's at 129. Some funds dump the stock till the value went deeply down then bought when everyone started panicking
$Baidu (BIDU.US)$Waymo had 4-5mln drives in 2024 beating Baidu but if scaled there's no comparison at all . 2025 Apollo all China project will rise this thing at least 10x
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MrM
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It will be very competitive. A lot of strong chinese players in China. Didi going to mass produce robotaxi this year also and with their huge following on their ride hailing platform. Baidu will be in for a big fight.
– Baidu: Its 4Q revenue fell 2% YoY to Rmb34.1 billion while adjusted net income fell 13% YoY to Rmb 6.7 billion, 37% above the consensus. – Notably, Baidu Cloud revenue grew 26% YoY to Rmb 7.0 billion, a significant acceleration from previous quarters. Robotaxi in China achieved 100% driverless with no safety personnel needed on the vehicles. During 4Q24, Robotaxi made approximately 1.1m...
– Notably, Baidu Cloud revenue grew 26% YoY to Rmb 7.0 billion, a significant acceleration from previous quarters. Robotaxi in China achieved 100% driverless with no safety personnel needed on the vehicles. During 4Q24, Robotaxi made approximately 1.1m...
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