September 7, 2015

Uber Confirms It's Raised $1.2B More In China Led By Baidu As Rival Didi Kuaidi Gets $3B

Uber Beijing Uber — the app-based, on-demand transportation service — has been on has been on a fundraising tear as it expands globally in the face of major competition. China is the company's latest battleground. Today, Uber confirmed that it has raised a further $1.2 billion in funding, led by search giant Baidu, in order to continue expanding Uber China, and the round is not… Read More

Source: TechCrunch