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35 days

China's Baidu to bring its driverless cars to Uber globally

1. Baidu partners with Uber for autonomous car deployment outside China. 2. Targeted areas for rollout include Asia and the Middle East. 3. Thousands of Baidu's Apollo Go cars will operate on Uber's platform. 4. Partnership aims to internationalize Baidu's driverless car business. 5. Uber gains a proven partner for autonomous vehicle competition.

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FAQ

Why Bullish?

This partnership enhances Baidu's market reach and revenue potential. Historical collaborations in tech often lead to stock price increases.

How important is it?

The partnership represents a significant advancement in Baidu's growth strategy and global presence, likely boosting investor interest.

Why Long Term?

As the partnership expands, it can significantly influence Baidu's growth trajectory over the coming years, similar to Tesla's partnerships that bolstered its market position.

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