Re:Uber just closed a $1B round of funding for its China branch
by RaSoJo on Friday August 28, 2015 @04:29AM
(#10134275)
>Investors in Uber's Chinese unit include Hillhouse Capital, Asia's biggest hedge fund, Chinese Internet giant Baidu Inc, China CITIC Bank Corp Ltd, China Life Insurance Co Ltd, Ping An Insurance Group Co of China among others, said one of the people.
I completely agree! Sounds like sufficient local power there to thwart any untoward action from the competition.
I completely agree! Sounds like sufficient local power there to thwart any untoward action from the competition.