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May 12, 2016 10:20 pm -04

Apple invests $1 billion in Chinese ride-hailing service Didi

In a bid to better understand China, Apple has announced a $1 billion investment in Chinese Uber-like service, Didi Chuxing. The country's homegrown ride-hailing service already has plenty of cash, and was recently valued at over $25 billion. Accordi...

Original Link: http://www.engadget.com/2016/05/12/apple-invested-1-billion-in-chinese-ride-hailing-service-didi/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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