Baidu (BIDU) and self-driving startup Pony.ai can proceed and launch paid driverless robotaxi services in Beijing. According to a report published by Reuters, the two companies have secured the approval to deploy not more than 100 vehicles in the city. Shares of BIDU rose 0.60% to close at $151.39 on November 25. Baidu is a Chinese Internet company that offers Internet-related services and online marketing solutions. It operates through the Baidu Core and iQIYI segments. Baidu Driverless Taxi The approval paves the way for Baidu's first commercial deployment of the Apollo Global service on open roads.
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