本期嘉宾:邢磊,China Auto Review 主编
Uber to Raise $1 Billion to Penetrate Chinese Market
Taxi on call company Uber intends to make China its largest market by the year end by raising 1 billion US dollars.
Breaking in the Chinese market seems a tough job as Uber&`&s competitor Didi Kuaidi dominates the region with a 90% plus market share.
Uber currently operates in 11 cities in China and claims to be taking 1 million trips a day across the country.
For more on this, we are now joined on the line by Lei Xing, Chief Editor with China Auto Review.