Apple Invests USD 1 Billion in China’s Leading Ride-Sharing Platform Didi Chuxing

Posted by Christopher Ledsham
On 13th May 2016
Alibaba, Apple, Didi, Startup, Tencent, uber

[tweetable]Apple Inc revealed on May 12th 2016 that it had invested USD 1 billion in Didi Chuxing[/tweetable], China’s leading ride-hailing service, which is fighting to defend its market position in China from the advances of an increasingly ambitious Uber. Didi Chuxing (formerly Didi Kuaidi) formed in February 2015 following a merger between ride-share companies Didi […]