Welcome to our dedicated page for Baidu news (Ticker: BIDU), a resource for investors and traders seeking the latest updates and insights on Baidu stock.
Baidu, Inc. reports developments across its AI-focused internet business, including search and online marketing services, AI Cloud Infra, AI applications, AI-native Marketing Services and autonomous driving. Company updates also cover Apollo Go ride-hailing deployments, Baidu AI Cloud products such as DuClaw and OpenClaw access, and operating performance across Baidu Core activities.
Baidu news also includes financial-results announcements, annual meeting materials, Form 20-F filing notices, share repurchase and dividend policy actions, and ADR-related context. The company trades on Nasdaq as BIDU and on the Hong Kong Stock Exchange, with each Baidu ADS representing eight Class A ordinary shares.
Baidu (Nasdaq: BIDU; HKEX: 9888/89888) announced that its voluntary conversion from a secondary to a primary listing on the Main Board of the Hong Kong Stock Exchange will take effect on September 1, 2026, making Baidu a dual-primary listed company in Hong Kong SAR and on the Nasdaq Global Select Market. The conversion involves no new share issuance or fundraising. From the effective date, the “S” stock marker will be removed from its HKD and RMB counters, and Baidu will fully comply with Hong Kong Listing Rules as a dual-primary issuer, supported by committee changes and shareholder approval obtained on August 26, 2026.
Baidu (Nasdaq: BIDU; HKEX: 9888/89888) held an extraordinary general meeting in Beijing on August 26, 2026, where all resolutions in the July 27, 2026 EGM notice were approved. These approvals cover Baidu’s voluntary conversion of its Hong Kong secondary listing to a primary listing on the Main Board.
According to Baidu, from this announcement until the Primary Conversion becomes effective, the company will complete arrangements to comply with all applicable laws, regulations and stock exchange rules as a dual-primary listed issuer on the Hong Kong Stock Exchange and Nasdaq Global Select Market.
Baidu (NASDAQ:BIDU) launched fully driverless Apollo Go robotaxis on the Uber (NYSE:UBER) platform in Dubai, with New Horizon Luxury Transport as fleet operator. Riders in selected areas of Umm Suqeim and Jumeirah can now request autonomous vehicles via Uber Comfort, UberX or an “Autonomous” option.
According to Baidu, Dubai is Apollo Go’s first market with both a self-operated app and a third-party platform model, and the first deployment under a multi-year partnership aiming to bring thousands of Apollo Go vehicles to Uber across global markets.
Baidu (NASDAQ: BIDU) and Uber (NYSE: UBER) launched Baidu’s fully driverless Apollo Go robotaxis on the Uber platform in Dubai, with New Horizon Luxury Transport as fleet operator. Riders using UberX, Uber Comfort or a dedicated “Autonomous” option can be matched with Apollo Go RT6 vehicles in select areas.
The launch is the first step in a multi-year partnership aimed at scaling thousands of Apollo Go vehicles across Uber’s global network, and establishes Dubai as the first city where Baidu offers both self-operated and partner-based autonomous ride-hailing services.
Baidu (NASDAQ: BIDU) reported unaudited Q2 2026 revenue of RMB31.3 billion, down 4% year over year and 2% quarter over quarter. Baidu General Business revenue was RMB25.2 billion, also down 4% year over year, while iQIYI contributed RMB6.3 billion, down 5% year over year.
Baidu Core AI-powered Business revenue reached RMB12.5 billion, up 25% year over year and accounting for 50% of Baidu General Business revenue. Within this, AI Cloud Infra revenue rose 50% to RMB7.3 billion, with GPU Cloud revenue up 283% year over year, and AI Applications revenue was RMB2.5 billion, up 3%.
Operating income was RMB3.0 billion (10% margin), with non-GAAP operating income of RMB3.8 billion (12% margin). Net income attributable to Baidu was RMB2.3 billion (7% margin), non-GAAP net income was RMB2.6 billion (8% margin), and adjusted EBITDA was RMB6.2 billion (20% margin). Operating cash flow was RMB3.4 billion, and total cash and investments stood at RMB283.1 billion as of June 30, 2026.
Baidu advanced a planned dual-primary listing conversion in Hong Kong, with shareholder approval to be sought on August 26, 2026, and has returned US$259 million to shareholders via repurchases since the start of Q1 2026. Apollo Go expanded robotaxi testing and operations to additional global cities, reaching 28 cities and over 350 million autonomous kilometers.
Baidu (Nasdaq: BIDU; HKEX: 9888/89888) will release its Second Quarter 2026 financial results for the period ended June 30, 2026, before the U.S. market opens on August 18, 2026. Management will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing Time) the same day, with advance online registration required and access via dial-in, unique PIN, and webcast replay.
Baidu (NASDAQ: BIDU) announced that its autonomous ride-hailing platform Apollo Go, in partnership with Freenow by Lyft, has begun road testing sixth-generation RT6 autonomous vehicles in London’s borough of Brent, with safety operators on board in mixed urban and suburban conditions.
Apollo Go and Freenow by Lyft aim to open the service to public riders in 2027, subject to regulatory approvals. The London deployment follows Apollo Go receiving Hong Kong’s first fully driverless Level 4 public-road trial permit, and builds on a global footprint of 22 million cumulative rides, 3.2 million fully driverless rides in Q1 2026, operations in 27 cities, and over 330 million autonomous kilometers driven.
Baidu (Nasdaq: BIDU; HKEX: 9888/89888) will hold an extraordinary general meeting of shareholders on August 26, 2026 at 9:00 a.m. (Beijing/Hong Kong time) at Baidu Campus in Beijing. Shareholders will consider and, if appropriate, approve resolutions described in the EGM Notice available on Baidu’s investor relations website.
The board set July 17, 2026 (Hong Kong time) as the record date for holders of Class A and Class B ordinary shares. Holders of American depositary shares as of July 17, 2026 (New York time) must submit voting instructions to The Bank of New York Mellon. Baidu’s Form 20-F for the year ended December 31, 2025 and its Hong Kong Annual Report are accessible on the company’s website, the SEC site, and the HKEx news website.
Baidu (Nasdaq: BIDU; HKEX: 9888/89888) has applied to convert its secondary listing on the Hong Kong Stock Exchange to a dual-primary listing, with effectiveness expected within 2026, subject to Hong Kong Stock Exchange approval and market conditions.
Baidu plans to seek shareholder approval at an upcoming extraordinary general meeting for (i) an issuance mandate allowing directors to issue Class A ordinary shares and/or ADSs up to 20% of issued shares and (ii) a share repurchase mandate up to 10% of issued shares. The board also proposes adopting a 2026 Share Incentive Plan to comply with Chapter 17 of the Hong Kong Listing Rules and adopting a new memorandum and articles of association to align with Appendix A1 and make consequential and housekeeping amendments. Baidu cautions shareholders and investors to exercise care when dealing in its securities.
Baidu (Nasdaq: BIDU; HKEX: 9888/89888) announced that its board of directors has approved pursuing a voluntary conversion to a dual-primary listing on the Main Board of the Hong Kong Stock Exchange (the “Primary Conversion”). The company expects the Primary Conversion to become effective within this year, subject to conditions.
Following completion, Baidu will be dual-primary listed on both the Hong Kong Stock Exchange and the Nasdaq Global Select Market. Its Class A ordinary shares and ADSs will continue trading on both exchanges and remain mutually fungible. According to Baidu, the move is intended to enhance liquidity, broaden its investor base and increase flexibility in accessing both capital markets. The Primary Conversion remains conditional on market conditions and required regulatory approvals, and Baidu plans further announcements on material progress. The announcement does not constitute an offer to buy or sell securities and investors are advised to exercise caution.