• Fast Company, Monday, June 15, 2015 12:30 PM

Since making its way to China last year, Uber has grown exponentially in cities like Hangzhou and Chengdu. In fact, during its first nine months in China, the ride-hailing company brought in more than 400 times as many rides as it did in during its first nine months in New York. These numbers come from an email to investors sent by Uber CEO Travis Kalanick, which the Financial Times published Friday morning. Uber now boasts nearly 1 million trips a day in China—and Kalanick plans to maximize on its momentum by investing more than $1 billion in the country this year, according to the email. In his letter, Kalanick called China the "number one priority for Uber’s global team" and wrote of the potential for Uber's expansion in China, a market that many tech companies have struggled to penetrate:

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