New allies to help Uber take on fresh challenges
By Gao Yuan | China Daily | Updated: 2015-12-23 08:15
Uber Technologies Inc's China unit upped the ante in its ongoing battle with local rival Didi Kuaidi on Tuesday by teaming up with a top Chinese firm for various automobile-related services.
The State-owned Guangzhou Automobile Group Co Ltd said in a regulatory filing that it will work with Uber in areas like equity investment, car sales, after sales services and insurance.
The filing did not disclose the size of the investment and Uber also refused to provide details of the partnership on Tuesday.
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