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: 欧美乱妇狂野欧美视频 | 日韩精品一区二区三区在线播放 | 亚洲精品综合在线 | 中文字幕在线天堂 | 秋霞av在线 | 麻豆网站在线播放 | 亚洲精品18p| 麻豆av网| 成人在线免费av | 懂色av蜜桃av| 四虎影院入口 | 中文字幕在线观看亚洲 | 久久伊人精品 | 成人欧美精品 | 成人一区三区 | 国产精品成人在线 | 日本在线视频一区 | 在线中出 | 欧美激情视频在线播放 | 男人午夜网站 | 中文字幕亚洲日本 | www.色网站 | 久久理伦| 国产精品久久久久久久久毛片 | 国产亚洲在线观看 | 黄网在线视频 | 久久久久久久久久久久国产 | 国产在线一二区 | 免费国产成人 | 丰满漂亮的日本岳 | 成人毛片在线精品国产 | 香蕉视频在线网站 | 天堂男人在线 | 黄色特级大片 | 欧美一级黄色片子 | 国产欧美又粗又猛又爽 | 国产精品女同一区二区 | 91精品国产一区二区三区蜜臀 | 超碰人人人人 | 伊人久久青青 | 草久久久 |