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Uber plans $1 bln in China

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2015-06-16 10:28CCTV Editor: Qian Ruisha

Taxi hailing apps are revolutionizing China's taxi industry.

Uber said riders are completing one million trips per day in China, and plans to expand its services to 50 cities from 11 currently over the next year. However, roads for Uber may be bumpy as it's deemed illegal by some local governments.

 

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