Last Updated: Tuesday, September 8, 2015, 17:09
Uber, the app-based car service has raised $1.2 billion to keep expanding Uber China, a source close to the efforts said.
Last Updated: Tuesday, September 8, 2015, 08:37
Kalanick made the comments at an event held by Uber investor Baidu Inc in Beijing. On Monday, Uber China said it had raised $1.2 billion as part of an ongoing fundraising round.
Last Updated: Thursday, August 27, 2015, 21:43
With the close of the $1 billion round, Uber is re-lining its war chest for a drawn out battle with Chinese car-hailing app rival Didi Kuaidi, which last month raised $2 billion.
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