Tag: Chuxing

Apple-Backed Didi Chuxing to Purchase Uber’s Ride-Hailing Operations in China

Chinese ride-hailing service Didi Chuxing is set to acquire the Chinese operations of rival Uber in a $35 billion deal, reports Bloomberg and The Wall Street Journal. Apple notably invested… Read more »

Apple’s $1 Billion Investment in Didi Chuxing Aligned With Electric Vehicle Plans

Apple announced yesterday that it has invested $1 billion in Chinese ride-sharing service Didi Chuxing, but CEO Tim Cook refused to elaborate on the reasoning behind the move, beyond saying… Read more »