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UCAR completes restructuring and may go public this year

02/18/2016|10 years ago

UCAR has completed its restructuring and is considering a listing on either the New Third Board or the Strategic Emerging Board, the former preferred. The company is not planning a C-round funding before listing.

Uber China matures as stronger more localized service

11/30/2015|10 years ago

Uber China’s strategy director Zhen Liu said Uber’s market share in China has grown from 2% in the beginning of the year to 35% now.

Uber China boosts value to US8 billion as HNA Group joins its investor camp

10/10/2015|10 years ago

HNA Group has joined Uber China’s investors to help boost Uber China’s valuation to nearly US$8 billion, according to media reports.

Uber China to raise funding stake to US$2.5 billion in war with Didi Kuaidi

09/24/2015|10 years ago

Uber is seeking to raise its funding up to US$2.5 billion for its China operations. The funding scale is twice as much the total capital it has raised in China so far.

Uber pours capital into Uber China while Didi-Kuaidi and allies plot war

09/02/2015|10 years ago

Didi-Kuaidi is plotting with Tencent’s CEO “Pony” Huateng Ma and Alibaba’s chairman Jack Ma on how to take down its aggressively expanding rival- Uber.

Fully independent Uber China plans China IPO

08/13/2015|10 years ago

Uber China’s strategy director Zhen Liu confirmed that the company plans a public listing in China as an independent company.

Didi-Kuadi plans to challenge Uber on its own turf with US market entry

06/29/2015|10 years ago

Chinese Uber rival Didi-Kuaidi is now recruiting in the USA to realize its plans to set up a US research center to pave the way for its entry into the US market.

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