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A Look at Baidu (NasdaqGS:BIDU) Valuation as Apollo Go Expands to Europe Through Landmark Lyft Partnership
Baidu (BIDU) just made waves with its announcement of a new strategic partnership with Lyft, aiming to bring its Apollo Go autonomous vehicles to Europe starting in 2026. For investors who have watched Baidu's core advertising business struggle in recent years, this is a bold signal of the company's ambition to find new growth engines. The rollout will begin in the UK and Germany and eventually scale across the continent. This marks a clear push by Baidu to tap into the fast-evolving world of global autonomous mobility and distance itself from past reliance on online marketing. Even before this news, Baidu's stock price was fighting to regain momentum after a tough stretch. Shares have climbed around 6% since the start of the year, yet are still down sharply, nearly 75% off from their all-time highs. The story over the last three years has been tough. While Apollo Go's expansion hints at future growth potential, investors have remained cautious, especially with revenue growth modest and earnings under pressure from rising investment in AI and new technology. The latest partnership seems to have sparked renewed interest, even as the market tries to determine if this is a lasting turnaround or another headline in a volatile story. So after all this, does Baidu's international AV strategy offer a genuine opportunity, or is the market already factoring in the prospects for future growth? Most Popular Narrative: 12.7% Undervalued According to the most popular community narrative, Baidu is trading at a significant discount to its estimated fair value, driven by optimism about its AI and autonomous vehicle initiatives. Analysts believe current market prices may not fully capture the company's future growth potential as outlined in their projections. Baidu's AI Cloud business is demonstrating strong momentum with a 26% year-over-year revenue growth, driven by market recognition of its AI capabilities and partnerships with leading enterprises. This growth is expected to positively impact Baidu's future revenue and margins. Want a deeper look at the bullish outlook for Baidu? This narrative is built on aggressive AI penetration and transformative technology integrations. Curious to uncover which growth levers and ambitious projections lead analysts to bump up Baidu's fair value above today's price? The answers are all in the numbers behind this compelling forecast. Find out which key financial moves could change everything. Result: Fair Value of $100.03 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, continued weakness in core marketing revenue and high AI infrastructure costs could quickly challenge the optimistic outlook that is now priced into Baidu's shares. Find out about the key risks to this Baidu narrative. Another View: SWS DCF Model Suggests Even More Upside Looking from another angle, the SWS DCF model points to Baidu being even more undervalued than suggested by analyst targets. Could this deeper discount point to hidden market risks, or is the opportunity greater than it appears? Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (check out Baidu for example). We show the entire calculation in full. You can track the result in your watchlist or portfolio and be alerted when this changes, or use our stock screener to discover undervalued stocks based on their cash flows. If you save a screener we even alert you when new companies match - so you never miss a potential opportunity. Build Your Own Baidu Narrative If you have a different perspective or enjoy diving into the numbers yourself, you can explore the data and create your own analysis in just a few minutes. Do it your way A great starting point for your Baidu research is 3 key rewards and 1 important warning sign, which could impact your investment decision. Ready for Your Next Investment Discovery? If you are curious to uncover promising stocks beyond Baidu, the Simply Wall Street Screener can help you find fresh opportunities tailored to your interests. Whether you are after the next big tech trend, crave reliable income, or want to spot future financial stars, start your exploration here: Explore cutting-edge breakthroughs with our handpicked selection of quantum computing innovators: Quantum Computing Stocks Uncover steady income streams among companies offering attractive dividend yields: Dividend Stocks with Yields > 3% Find hidden gems that are displaying robust financial health at penny stock prices: Penny Stocks with Strong Financials This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BIDU. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Rumble considers near $1.2 billion offer for German AI cloud group Northern Data
(Reuters) -U.S.-listed video platform Rumble is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG, according to separate statements from the companies and Reuters calculations. Rumble, also a cloud services provider, said a deal would integrate Northern Data's data center business and GPU cloud business with a significant number of Nvidia GPUs, into Rumble's existing operations. Rumble is considering offering 2.319 shares for each Northern Data share, both companies said. The exchange values Northern Data at about $18.3 per share (about 15.69 euros per share), based on Reuters calculations. This is at a discount of about 32% to the German company's last close. Rumble said its proposed offer assumes Northern Data's Peak Mining unit will be divested prior to the completion of the deal. Tether, the majority shareholder of Northern Data, has expressed support for the transaction, according to the statements. However, the companies said there is no certainty that the discussions will eventually result in a formal offer for the German group. (1 euro = $1.1664)
Yahoo
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EQT to acquire South Korea's leading AI-enabled HR Tech Platform, Remember
Remember has rapidly grown into a leading AI-powered HR tech platform used by the vast majority of South Korea's professional workforce, solidifying its position as a market leader EQT intends to fully support Remember's next phase of growth, leveraging its expertise and experience investing in global HR tech and software sectors The transaction reflects confidence in Remember's leading position in South Korea's HR tech industry and reaffirms its global expansion potential SEOUL, South Korea, Aug. 11, 2025 /PRNewswire/ -- EQT is pleased to announce that BPEA Private Equity Fund VIII ("EQT") has entered into definitive agreements to acquire a controlling stake in Remember & Company ("Remember" or the "Company"), a leading AI-enabled HR tech platform in South Korea. As part of the transaction, major shareholders including Ark & Partners will sell their stakes to EQT. The deal is valued at approximately KRW 500 billion (USD 400 million), making it one of the largest transactions in South Korea's HR tech industry to date. EQT secured exclusive negotiation rights and led the transaction on a proprietary basis, preempting a competitive bidding process, by leveraging its deep sector expertise to recognize Remember's differentiated investment proposition early on. Founded in 2013 as a business card management app, Remember has rapidly grown into a leading AI-powered HR tech platform serving the majority of South Korea's professional workforce. Leveraging a proprietary, self-updating database of over 500 million name cards and 5 million users, it delivers end-to-end recruitment solutions to more than 10,000 enterprise clients – enhancing hiring speed, precision, and recruiter productivity. Beyond recruitment, Remember has evolved into a comprehensive platform integrating content-driven networking, CRM capabilities, and lead generation tools. Often referred to as the "LinkedIn of Korea", it has established a strong presence in a market where LinkedIn remains underpenetrated, while advancing more inclusive and efficient hiring across industries. The deal is underpinned by strong macro tailwinds in South Korea, including demographic shifts, increasing demand for experienced hires and the evolution of recruitment technologies. These conditions are accelerating the adoption of outsourced and AI-enabled talent platforms, particularly among mid-sized and enterprise clients. Backed by strong conviction in these trends, EQT has made several relevant HR tech investments including Beamery in the UK, HRBrain in Japan, Handshake in the US, and PageUp in Australia. Ark & Partners, recognized as a next-generation growth buyout investor in Korea's private equity industry, played a pivotal role in this transaction. Since acquiring Remember in December 2021, Ark & Partners has strengthened the Company's operational capabilities and transformed the business model from a business card app into a fast-growing HR tech platform. As a result, Remember's revenue grew more than twelvefold within three years. Dayea Yeon, Partner in the EQT Private Capital advisory team and Head of EQT Private Capital Korea, said: "Remember is a rare and differentiated asset, uniquely positioned at the intersection of South Korea's demographic structural transformation and the rise of AI-driven talent management. With a clear competitive edge and strong growth trajectory, it represents a highly thematic investment for EQT. By leveraging our global network of industry advisors, along with our in-house digitalization and sustainability capabilities, we are excited to support Remember's ambition to become Asia's leading HR tech platform. This transaction underscores EQT's long-term commitment to Korea and our belief in the transformative power of data and AI to shape the future of work. We look forward to partnering with Remember to drive both innovation and meaningful social impact." Sungmin Kim, Founder and CEO of Ark & Partners, added: "This transaction is a strong validation of our 'secondary growth buyout' strategy, demonstrating how hands-on operational and strategic support can unlock the full potential of high-growth companies. The transition from Ark & Partners to EQT, represents a 'new-generation deal' that highlights the growing interplay between South Korea's venture ecosystem and private equity market. From the beginning, we had conviction in Remember's ability to lead Korea's HR tech transformation. We are proud of what has been achieved and confident that EQT is the ideal long-term partner to guide Remember through its next chapter of growth." EQT has been active in South Korea since 1998 and views the country as a core pillar of its Asia Pacific strategy across private equity, infrastructure and real estate. Through its private capital strategy, EQT aims to support South Korean businesses in achieving their growth and operational ambitions by drawing on the expertise of its global sector teams, in-house capabilities in sustainability and digitalization, and a worldwide network of industry advisors. The transaction is subject to customary regulatory approvals and is expected to close in Q3 2025. With this transaction, BPEA Private Equity Fund VIII is expected to be 90-95 invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication). Contact EQT Press Office, press@ This information was brought to you by Cision The following files are available for download: 250811 [Press release] EQT to acquire South Korea’s leading AI-enabled HR Tech Platform, Remember Remember 1 View original content: SOURCE EQT Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
