Ron Burgundy Posted September 8, 2015 Share Posted September 8, 2015 U.S. ride-hailing service Uber Technologies Inc [uBER.UL] will enter 100 more Chinese cities over the next year, doubling a previous goal set just three months ago, Chief Executive Travis Kalanick said on Tuesday. Uber's China unit currently operates in almost 20 cities, Kalanick said at an event in Beijing held by Uber investor Baidu Inc . The speech comes a day after Kalanick said the China unit had raised $1.2 billion during ongoing fundraising, while people familiar with the matter told Reuters that larger local rival Didi Kuaidi had brought in $3 billion. View the full article Quote Link to comment Share on other sites More sharing options...
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