Uber is asking its investors for more money to expand in China
The email said, "given the enormity of the opportunity," its formally launching a fundraising round for UberChina on June 22. Uber is inviting its previous investors to participate in it.
Uber has not responded to request for comment.
"Simply stated, China is the #1 priority for Uber's global team," Kalanick said in the email. Guangzhou, Hangzhou and Chengdu are now the three largest cities on a trips basis, overtaking New York, according to the note.
The company has previously raised more than $5 billion in several funding rounds, including a $600 million investment from Chinese company Baidu.