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by tim333 3933 days ago
Indeed. There were a load of London based taxi apps eg http://www.thisismoney.co.uk/money/bills/article-3057608/Six...

The thing Uber has which I think it would only get in Silicon Valley is about $8bn of funding. The biggest UK company I think is Hailo which raised about $100m. It'll be interesting to see how they do in China where the competitors have raised similar vc - Kuaidi raised $950 and I think Uber are spending a billion or so in China.

1 comments

So why aren't there more US investors in Europe if it's purely a matter of funding. The answer IMO is that it's not.