Uber Announces Use of Over 2 Billion People: 1/3 Orders from China

On the evening of July 18, Reuters reported that Uber CEO Travis Kalanick announced on Monday that Uber had completed over 2 billion taxi services. This milestone marks Uber’s recent $4.7 billion financing round in the past few weeks.

For six years, Uber has received more than $13 billion in investment from investors to recruit drivers and passengers. Kalanick said Uber will be used by 147 users per second at the peak. Simultaneously started in 16 countries, occurred in 16 countries on five continents, from Costa Rica to Russia, from China to Australia, the longest one-time ride, lasted more than an hour, passengers crossed the Indonesian capital Jakarta, the shortest ride occurred in Changsha, China, lasted only three minutes.

Of these, 54 transactions were completed in the Chinese market. The Chinese market is currently one of Uber's most important markets, but the Uber spends more than one billion U.S. dollars each year competing with other Chinese companies of the same type.

To celebrate the two billion rides recorded, Uber provided $450 to each driver on 147 rides, providing a $450 free ride reward for each passenger.

The Uber app is currently available in 450 cities around the world. There are only 311 cities that can use Uber a year ago. Last month Uber received a 3.5 billion U.S. dollar sovereign wealth fund in Saudi Arabia, which has a Uber valuation of $62.5 billion. Earlier this month, Uber received another 1.15 billion U.S. dollar leveraged loan. This will not only satisfy the risk investors, but also prevent the company's equity from being further diluted.

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