googlenews Posted February 19, 2016 Report Share Posted February 19, 2016 NewsweekUber's Burning $1 Billion a Year in ChinaVICE NewsUS-based ride-sharing giant Uber admitted that it's burning through more than a billion dollars a year in China, as it fights a fierce price war against local rival Didi Kuaidi. "We're profitable in the USA, but we're losing over $1 billion a year in ...Uber is Losing Billions in China, CEO AdmitsNewsweekUber car-hire app losing $1bn in China every year, says CEOBBC NewsUber CEO Travis Kalanick Says Company Is Profitable In U.S.TechCrunchQuartz -CNBC -Fortuneall 127 news articles »https://www.google.com/search?hl=en&gl=uk&tbm=nws&authuser=0&q=uber&oq=uber Link to comment Share on other sites More sharing options...