Apple has invested $1 Billion in the Chinese ride-hailing service Didi Chuxing. Apple CEO Tim Cook says the investment will help the company “better understand” the Chinese market.”We are making the investment for a number of strategic reasons, including a chance to learn more about certain segments of the China market,” Tim Cook said. “Of course, we believe it will deliver a strong return for our invested capital over time as well.”Share Article:Facebook, Twitter, LinkedIn, Google Plus, Email, Reddit, Digg, Delicious, StumbleUponFollow iClarified:Facebook, Twitter, LinkedIn, Google Plus, Newsletter, App Store, YouTubeAdvertise Here
Source: iClarified Read More: Apple Invests Billion in Chinese Ride Hailing Service Didi Chuxing