Uber losing $1 billion a year to compete in China

[ahlam1399]

Uber losing $1 billion a year to compete in China

Uber losing $1 billion a year to compete in China
SHANGHAI (Reuters) - Uber Tech**logies Inc is burning through more than a billion dollars a year in China as it wages a fierce price war against local rival Didi Kuaidi, its chief executive said.
[IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?d=yIl2AUoC8zA[/IMG] [IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?i=hsdhLb5sTco:qWhs0obVspw:V_sGLiPBp WU[/IMG] [IMG]http://feeds.feedburner.com/~ff/reuters/tech**logyNews?i=hsdhLb5sTco:qWhs0obVspw:-BTjWOF_DHI[/IMG]
[IMG]http://feeds.feedburner.com/~r/reuters/tech**logyNews/~4/hsdhLb5sTco[/IMG]

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