News for hackers. Stuff that matters.
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.

Re:Uber just closed a $1B round of funding for its China branch by Kunlun on Friday August 28, 2015 @11:35AM (#10136006)
It seems that it will indeed allow to push things forward. Now to see what and who the concurrents have in their pockets.