Apple Invests $1 Billion in Chinese Ride-Sharing Company Didi Chuxing
Apple has invested $1 billion in Chinese ride-hailing company and Uber competitor Didi Chuxing, reports Reuters. The move is a strategic investment that will help the Cupertino company better understand the Chinese market, CEO Tim Cook told Reuters. “We are making the investment for a number of strategic reasons, including a chance to learn more…
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