$1 billion annual losses are slowing Uber down in China

Uber may be one of the biggest, baddest unicorns around, but when you win big, it would seem that you can also lose big. According to Uber CEO Travis Kalanick himself, the transportation giant is losing a stunning $1 billion a year in China. The post $1 billion annual losses are slowing Uber down in China appeared first on Digital Trends.