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ChinaAccording to some authentic sources, the CEO of Uber Didi Kuaidi issued a statement to the Financial Times magazine that they have 95 percent plus market shares in China and planning to get hold the U.S markets in order to become the largest firm in the U.S market at the end of 2015. He further said that we have four company offices in New York, which is the largest city in the world. Chengdu, Guangzhou and Hangzhou are our three largest cities. Especially, Chengdu and Hangzhou have achieved target in just nine months. Now Hangzhou has the size of 400 times more than New York at its same age. Every week, more than 200,000 residents of Hangzhou are becoming Uber China users.

Uber is also generating more than 100,000 new jobs per month in China. Didi Kuaidi launched a P2P service this month, but Uber say that it leads the Peer to Peer taxi market in China and more than 50 percent shares which is the largest amount on most of the major cities. Kalanick said there is only one competitor and that is Didi Kuaidi, but he only cloned our product line and working its implementations from the taxi business which is similar to our Peer to Peer model. Tencent has blocked all of Uber’s official accounts from their WeChar service, which is largest message app service in China. Uber has managed more than 5 billion U.S dollars by the investors. One of the current shareholders in Chinese search is Baidu, it made a perfect and strategic performance in investment for the company in the month of December. Baidu is using its payment wallet in order to make popular maps service to support in increasing Uber’s visibility in China.

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