Uber raises $1.2bn for China expansion – reports

Online taxi-hailng firm expected to make announcement on SundayUber hopes to operate in 50 Chinese cities within a year
Uber has raised $1.2bn for its expansion into China, according to an interview with its chief executive, Travis Kalanick, published by Sina, a Chinese-language website.Related: Uber blocked on biggest Chinese messaging appContinue reading...