Baidu to make a $600 million investment in Uber?
Using the Uber app, those needing a ride can pinpoint the location where they need to be picked up from, and can select from a variety of cars and rates. Recently, Uber made a deal with Spotify that allows those using the music streaming service to hear their playlists running over the speakers of an Uber car.
Other investors in the company include Google, whose Ventures arm made a $258 million investment in Uber last year. A more recent round of funding valued the privately owned Uber at $40 billion.