Ride sharing giant Uber has raised $1.2 billion in new funding to invest in its business in China. The round was led by Chinese search giant Baidu, and Uber’s China subsidiary was valued at $8 billion, according to Chinese news site Sina. Uber was valued at $50 billion in its last round of funding. China is one of Uber’s fastest growing markets and the company is aggressively investing more money in expanding its reach there.…
Uber closes on $1.2 billion in funding for China
More of Today's Solutions
New Jersey Transit is turning commuter stations into art galleries
BY THE OPTIMIST DAILY EDITORIAL TEAM Most people moving through a train station aren't really paying attention. They're somewhere between where they left and ...
Read More5 research-backed ways to banish aches and feel better at your desk
BY THE OPTIMIST DAILY EDITORIAL TEAM Researchers at Columbia University Medical Center wanted to answer a specific question: what is the least amount of ...
Read MoreHow to “unghost” a past friend, according to friendship experts
In a perfect world, no one would ever end a personal relationship by abruptly stopping all communication with no explanation—In other words, “ghosting.” However, ...
Read MoreSpring’s morning symphony: the mystery and beauty of the dawn chorus
BY THE OPTIMIST DAILY EDITORIAL TEAM As winter fades and spring awakens, the world doesn’t just bloom—it sings. Each morning, just before sunrise, birds ...
Read More
