日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

Uber plans to invest $1 billion in China

(Agencies) Updated: 2015-06-13 05:52

Uber plans to invest $1 billion in China

Uber, a car service developed in San Francisco, is used in all sorts of unconventional ways in China, such as finding a date and buying a house. [provided to china daily]


China is a priority for riding-hailing app Uber and it is planning to invest more than $1 billion there this year, says the company's chief executive.

According to the Financial Times, CEO Travis Kalanick? said in a letter sent to investors ahead of a planned funding raise of $1 billion for China to help Uber expand into 50 new cities there —? it currently operates in 11?—?that the company believes it has captured close to half of China's non-taxi ride-hailing market.

Kalanick also said Uber is looking to raise the funds for the China operation to better compete with Didi Kuaidi Joint Co, which has backing from Chinese Internet giants?Alibaba Group Holding?Ltd and?Tencent Holding?Ltd.? Uber's China unit, UberChina, is set to launch a formal fundraising process on June 22, the letter said.

China's dominant taxi-hailing app is Didi Kuaidi. It was created in February by?the $6 billion merger?of the country's top two taxi-hailing companies, giving it a dominant share in that market. Didi Kuaidi announced plans in May to offer riders subsidies of one billion yuan ($161 million) and?to offer services ranging from taxi-hailing to rides in premium cars and carpooling.

The FT also reported that Kalanick revealed that Uber's business in China doubled in the last month, and that the company is providing nearly 1 million trips per day in China, where the company launched in February 2014.

The San Francisco-based company compared its growth in five Chinese cities to New York. At the six-month mark, the number of trips in Chengdu was 46 times larger than that of New York at the same "age", according to Kalanick. After nine months, Chengdu city had 479 times the number of trips that New York did.

"Our early success derives from an organic approach to the market -- we have established a new Chinese entity, Youbu, (which means "an excellent step forward"), and have partnered with Baidu to create a truly Chinese company that is built and supported by local employees, local partners, and local investors," he wrote in the letter to investors, according to the FT.

"This kind of growth is remarkable and unprecedented," Kalanick wrote. "To put it frankly, China represents one of the largest untapped opportunities for Uber, potentially larger than the US Success in China, however, takes commitment over the long haul and a strong will, coupled with a unique understanding of the differences in China."

Uber has faced regulatory hurdles in some countries. France, for example, views the service as an unauthorized taxi or a threat to the traditional cab industry.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 精品一区二区av | 国产一级大片在线观看 | 日韩专区中文字幕 | 日韩va在线| 亚洲精品国产精华液 | 亚洲成熟少妇视频在线观看 | 九九精品免费视频 | 国产精品18在线 | 国产精选自拍 | 搜索黄色一级片 | 91丨国产 | 日本黄网站色大片免费观看 | 日韩福利片 | 超碰在线公开免费 | 五月婷婷激情五月 | 日韩一区二区三区在线视频 | 婷婷综合网站 | 可以在线观看的av | 天天操一操| 黄色成年视频 | 黄色网址你懂的 | 国产精品人人 | 日韩中文字幕有码 | 成人吃奶视频 | 99精品视频网站 | 男人天堂网站 | 男人的天堂久久久 | 免费一级做a爰片久久毛片潮 | 欧美国产精品一区二区 | 久久免费大片 | 97中文在线 | 人人插人人搞 | 午夜tv影院 | 色偷偷综合网 | 青青综合网 | 免费黄色a| 一区二区三区高清在线观看 | 亚洲精品一区二区三区蜜桃 | 久久露脸 | 超碰在线97观看 | 17c国产精品一区二区 |