didi chuxing

May 13, 2016
May 13, 2016
Tech

Apple bets $1bn on Chinese Uber rival

The US tech giant Apple has invested $1 billion in Chinese ride-hailing service Didi Chuxing. Apple CEO Tim Cook explained the deal as a chance to learn more about the Chinese market.
A taxi driver is reflected in a side mirror as he uses the Didi Chuxing car-hailing application in Beijing, China © Jason Lee / Reuters
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