Benzinga | Sep 13, 2021 11:28AM EDT

Baidu Launches Apollo Go Trial In Shanghai

* Baidu Inc (NASDAQ:BIDU) will start trials for the Apollo Go service in Shanghai, marking the fifth city where passengers can test the robotaxi mobile platform.

* Baidu is the only company to offer this service in the three first-tier cities of Beijing, Guangzhou, and Shanghai. The Shanghai operation will include 150 stations opened in phases throughout the city.

* China recently summoned ride-hailing services of 11 firms, including Alibaba Group Holding Ltd (NYSE:BABA), DiDi Global Inc (NYSE:DIDI), and Meituan (OTC:MPNGF) (OTC: MPNGY) for alleged misconduct.

* The Chinese tech stocks are down following intensified tech crackdown from the country.

* Price Action: BIDU shares traded lower by 0.07% at $163.99 in the market session on the last check Monday.