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#353337
Fri 15 Jan 2016 09:36:AM
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Joined: Feb 2001
Posts: 381,903
Launch Director
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OP
Launch Director
Joined: Feb 2001
Posts: 381,903 |
BEIJING (Reuters) - Uber Technologies Inc's China unit boosted its valuation to $8 billion after it raised more than $1 billion in its latest funding round, although the U.S. ride-hailing app is not yet profitable in the mainland due to intense competition.   Source: Funding lifts Uber China unit's valuation to $8 billion but profits absent
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