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Apple invests $1 billion in Chinese Uber competitor Didi Chuxing

Discussion in 'News from Electrek.co' started by RSSFeed, May 14, 2016.

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    Reuters this evening reports that Apple is investing $1 billion in Chinese ride-hailing service Didi Chuxing. In a statement, CEO Tim Cook explained that the investment will give Apple a chance to learn more about certain segments of the Chinese market, while it will also deliver a strong return.

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    Filed under: Apple Tagged: Apple, Didi [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG] [​IMG][​IMG]

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