Uber’s rate and minimum fare are lot lower in Guangzhou than Shenzhen for some reason. The minimum fare in Guangzhou is just RMB 21 ($3.45), which is nearly half that of its Shenzhen service. It’s even more pricey in Shanghai, where the minimum fare is nearly $10.
Uber is now available in about 10 cities across Asia, all of which commenced this year. The San Francisco startup now runs in over 60 cities worldwide. A leaked report yesterday claims that Uber is set to make over $200 million from about $1 billion worth of rides this year.
(Editing by Josh Horwitz)