Uber China raises $1.2 billion in ongoing fundraising round
Uber China raises $1.2 billion in ongoing fundraising round
SHANGHAI (Reuters) - Uber Tech**logies Inc's China unit has raised $1.2 billion as part of an ongoing fundraising round, the U.S. ride-hailing service's CEO Travis Kalanick said on Monday, even as its Chinese rival Didi Kuaidi raises $3 billion.