Apple Invests $1 Billion in Chinese Ride Hailing Service Didi Chuxing

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

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