Uber Moves Into Chinese Market

Uber has recently struck a deal with China Yongda Automobiles Services Holdings. This is a Chinese luxury auto dealer. Together, they plan to provide discounts and financing for drivers of Uber cars. Yongda will provide Uber’s partners with discounts on new car purchases, financing and after-sale services.

Uber has faced a great deal of pressure in its attempts to expand into the Chinese market. Time will tell how they do trying to squeeze into the market. To read more about this ventu, see the full article.