Uber vows to quell Didi Kuaidi challenge

Car-hailing provider unveils multi-pronged strategy for growing its presence in China

Online car-hailing provider Uber Technologies Inc said on Wednesday that it will up the ante in China from next year onwards to quell the threat from local challengers such as Didi Kuaidi.

The United States-based company said its China arm will launch new services, expand into more cities, make new investments and appoint its first China chief executive soon.