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Uber Is Burning Through $1 Billion a Year in China - Fortune

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Fortune

Uber Is Burning Through $1 Billion a Year in China
Fortune
Uber is reportedly losing over $1 billion a year to compete in China—one of its most important markets. That was the revelation from CEO Travis Kalanick, who blamed the burn on competition with a rival ride-sharing company that's been deeply engaged ...
Uber's CEO says the company is burning $1 billion a year in ChinaQuartz
You thought Uber was already everywhere, but just waitThe Verge
Uber CEO Travis Kalanick: Don't Regulate Us to Death Like the JitneyRe/code
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