Baidu pops as Blackrock increases stake in Chinese tech firm

Feb. 01, 2023 8:59 AM ETBaidu, Inc. (BIDU)BLK, BABA, JD, PDDBy: Chris Ciaccia, SA News Editor13 Comments

China"s Baidu Forges Ahead With Driverless Robotaxis

Kevin Frayer

  • Baidu (NASDAQ:BIDU) shares rose nearly 8% in premarket trading on Wednesday as asset manager Blackrock (BLK) disclosed that it had increased its stake in the Chinese tech company.
  • According to a 13-G filing, Blackrock (BLK), which has roughly $10T

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