Uber To Make $1 Billion Investment In China
Controversial ride sharing service Uber plans to invest as much as $1 billion to expand into the Chinese market in the next year, according to Financial Times. This comes as the company’s drivers are near revolt over the difficult conditions that they feel they work under and the company’s failure to always pay them.
The Financial Times has revealed a letter from Uber head Travis Kalanick to investors in which he called China their, “number one priority.”
“To put it frankly, China represents one of the largest untapped opportunities for Uber, potentially larger than the US,” he added.
Source: The Jewish Business News
A good Jew or a bad doctor: how a Kharkov surgeon who was assaulted changed his testimony
Glenn Drew: Our students attend Harvard and Princeton on quite a regular basis
Interview with CEO of the American Hebrew Academy
Igor Kolomoisky: I told Yatsenyuk he was putting himself at risk
On relations with the president, his administration and Prime Minister Arseny Yatsenyuk
New High-Tech Collar Tracks The Health Of Your Pets
The PetPace collar uses non-invasive sensors to monitor data