Today we have Martin Li from Uber’s Asia Expansion team on the show, talking about how Uber is expanding in the Chinese market. Uber, which has the motto “Everyone’s Private Driver”, allows users to summon a car at the touch of a button via its mobile app. In case you’re thinking that’s not a big deal, you should know that earlier this year, Uber closed a $360 million dollar round of funding, valuing the company at over $3.5 billion dollars. Today, we discuss how Uber is expanding into the massive Chinese market.
Episode Content:
- Understand what Uber does, and how it’s approaching the China market
- Dig into some of the intricacies and difficulties of localizing a Silicon Valley tech startup in China
- Talk about some interesting ways Uber is gaining traction as a consumer tech product in China.
Episode Mentions:
- Uber raised $360 million earlier this year, including $258 million from Google Venture, its largest investment ever
- Alipay – an online payment platform similar to PayPal, created by the Alibaba Group
- Related article on TheNextWeb – Uber prepares to face its toughest challenge yet: China
Follow up:
- If you know someone who wants to join this hot startup, check out www.uber.com/jobs/
- Get your first free ride for free. Download the Uber app and enter the code "uberchina" to get the first ride for free!
Download and Subscribe
- Download this episode: right click on this link and choose "save as"
- Subscribe to China Business Cast on iTunes
- Or check out the full list on subscription options
12/24/13 • 21 min
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