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Uber closes $1 billion fundraising round in China
China, with its massive population, and the enormous potential it has for an operating transportation service, certainly occupies one of the top slots on the Uber radar.
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With the help of local investor, UberChina could get more notable allies in the country, which would be a great achievement considering that China is its largest market outside the U.S. At the same time, Uber also faces its toughest competition in China.
The firm is reportedly not participating in Uber China’s latest funding round.
He then drove off to a secluded area and molested her, taking photos and threatening to use them against her should she go to the police. He threatened to release the pictures to the public if she were to report the incident to the police.
She waited about two weeks before reporting the attack on August 9.
Uber expects to be approved and stand on legal ground after China passes a regulation on tailored taxi services. The suspect was arrested on Wednesday on suspicion of robbery and “forcible molestation of a woman”.
A spokeswoman in China for the San Francisco-based company behind the ride-hailing app did not answer repeated phone calls on Thursday or reply to an email requesting a comment.
Safety concerns over ride-share apps in China were high after a similar attack was reported in June.
The New Delhi government banned Uber in December after a woman passenger accused one of its drivers there of rape.
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Didi Kuaidi, backed by China’s leading Internet companies – Alibaba Group Holding Ltd. and Tencent Holdings Ltd. – is racing with Uber to add millions of drivers and passengers by subsidizing the cost of trips and doling out cash incentives to drivers.