US taxi application Uber is seeking to raise hundreds of millions of dollars

Summary: U.S. Taxi application Uber raise hundreds of millions of U.S. dollars (Tencent technology map) Tencent Science and Technology (Mingxuan) Beijing time July 31 news, according to foreign media reports, the United States taxi application Uber is seeking to collect hundreds of millions of U.S. dollars for the company in China and the global market

U.S. taxi application Uber raise hundreds of millions of dollars (Tencent Science and technology with map)

Tencent Science and Technology (Mingxuan) Beijing time July 31 news, according to foreign media reports, the United States taxi application Uber is seeking to raise hundreds of millions of U.S. dollars for the company in China and the global market expansion.

"We are currently discussing a new round of financing," Travis Kalanik Travis Kalanick, Uber chief executive, said in Taipei in Tuesday. "But Kalanik did not disclose the potential investors in this round of financing and the valuation of the company." The Fortune magazine reported last week that TPG Capital, the private-equity firm, and Google Ventures, Google's VC company, are discussing investments in Uber. Uber this round of financing will be valued at more than 3 billion dollars.

"Innovative companies that can achieve aggressive growth targets will be able to raise money faster than ordinary companies," says Kalanik. Uber access to many cities around the world will be a huge opportunity. I want to be sure that Uber has the ability to raise capital and get as fast as possible into new markets around the world. "In the past year, Uber's size has grown six times-fold, with an average growth rate of 18% per month for composite revenues," Kalanik said. In the next 12 months, Asian cities will be the focus of Uber, because in some cities with lower labor costs, using Uber services is cheaper than owning a car. Uber will enter the Korean Seoul market on July 31.

Kalanik that regulatory inconsistencies, cultural diversity and regulatory differences will be the main obstacles to Uber expansion in Asian cities. According to South Korean law, Uber can only offer limousine rental services to non-Korean citizens in South Korea, he said.

Uber is not unfamiliar with regulatory hurdles. Although New York State has now allowed passengers to use smartphones to hire cars, the Paris regulator is weighing the question of whether passengers will be able to rent a car by mobile. "I'm in the technology industry, not politics," Kalanik said. We are not good at this. ”

After Singapore, Taipei and Seoul, Uber's next Asian city target could come from China. "It's a bit bad to take our innovation technology out of the Chinese market," Kalanik said. We hope to be able to develop in China market. ”