Bullish Uber plans to invest $1 billion in China in 2015
June 12, 2015 at 05:56 AM EDT
SHANGHAI/BENGALARU, June 12 (Reuters) - Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.