Uber, Didi Kuaidi Race In China As Uber Pledges To Be In 100 More Cities In A Year

Uber doubled its promises of Chinese expansion when its CEO said Tuesday it will be in 100 new Chinese cities in a year. The U.S. ride-hailing giant is pushing forward in China despite intense — and capital-heavy — competition from Didi Kuaidi, the homegrown, newly-merged company that has raised Uber-sized funds to hold on to its lead in China.


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