US Stock Market Move | Baidu Inc Sponsored ADR Class A (BIDU.US) rose more than 2% in pre-market trading. Orders for its subsidiary, Luobokuaipao, surged to over 250,000 this week.
On Tuesday, Baidu (BIDU.US) rose more than 2% in pre-market trading, reaching $124.
On Tuesday, Baidu Inc Sponsored ADR Class A (BIDU.US) rose more than 2% in pre-market trading, reaching $124. According to news reports, the latest operating data released by Luobokuai Pao, a platform under Baidu Inc Sponsored ADR Class A, showed that as of October 31st, the platform's weekly order volume exceeded 250,000 orders, all of which were completed by fully autonomous vehicles, marking a new stage in the commercialization of autonomous driving. By the end of the reporting period, Luobokuai Pao had accumulated over 17 million service orders, with autonomous vehicles totaling over 240 million kilometers driven. Of these, 58% of the mileage was driven in fully autonomous mode, totaling 140 million kilometers of safe operation.
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