Scalper1 News
Uber Technologies’ China unit raised $1.2 billion from Baidu (BIDU) and others, the ride-sharing app giant said Monday, while Chinese rival Didi Kuaidi, backed by Alibaba (BABA) and Tencent Holdings (TCEHY), reportedly raised $3 billion. Uber, the leading U.S. ride-sharing app, has been expanding heavily worldwide. China may be its greatest overseas opportunity — and its hardest. Uber CEO Travis Kalanick said Uber China has received $1.2 billion Scalper1 News
Scalper1 News