Summary The alliance aims to "make global and local travel even simpler and more convenient".
(Reuters) Uber Technologies Inc [UBER.UL] said on Monday its China unit will get an undisclosed amount of investment from Chinese firm HNA Group as part of a new partnership with the aviation and shipping conglomerate, giving the U.S. ride-hailing firm fresh cash as it competes with larger domestic rival Didi Kuaidi.
In a statement, Uber s Chief Executive Travis Kalanick said the alliance aims to "make global and local travel even simpler and more convenient".
Uber s partnership with HNA Group comes as it and rival Didi Kuaidi vie to forge ties with influential Chinese companies. Both are seeking allies with long-established ties to government as they try to avoid aggravating regulators in China s still developing ride-hailing business.
