Thursday, May 12, 2016

Apple invests US$1B in Didi Chuxing to better understand ‘the critical Chinese market

Didi Chuxing claimed that it is the company’s biggest investment so far Apple Inc today announced that it has invested US$1 billion into Chinese ride-hailing app Didi Chuxing, giving them a sizeable stake in the company, according to a report by CNBC. The investment in Uber’s largest competitor in China is meant to help the...
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