Uber China closes $1 bln fundraising round -sources
August 27, 2015 at 10:54 AM EDT
BEIJING/SHANGHAI, Aug 27 (Reuters) - Uber Technologies Inc's China arm has closed its $1 billion fundraising round early, according to two people with knowledge of the matter, with investors still hopeful for the U.S.-based ride service despite strong domestic competition in the car-hailing market.
