Tech Hub Hussle
Travis Kalanick, Uber boss, reckons that innovation coming from Beijing will rival that of Silicon Valley in the medium term. Silicon Valley tech hub, known for its high impact start-ups, has the startup ecosystem envied by others.
Uber has been investing heavily in both China and India. India has been a major point for Uber's international expansion in the last year. In 2015 it promised to invest $1 billion into India but in both countries Uber faces aggressive competition from local rivals as those countries also try to develop their own tech hubs.