Uber aims to expand to 100 additional cities in China over the next year, company CEO Travis Kalanick said today, doubling the ride-hailing service's previous target. As Reuters reports, the announcement comes after Uber China raised an additional $1.2 billion in financing. Speaking at a Beijing event held by Chinese search company Baidu, Kalanick said that Uber's market share has increased sharply in China, where it already faces competition from Didi Kuaidi, a Beijing-based taxi-hailing service.
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[New post] Uber wants to expand to 100 Chinese cities over the next year
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