Apple invests $1 billion in Chinese Uber competitor Didi Chuxing

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Apple invests $1 billion in Chinese Uber competitor Didi Chuxing

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<p>Reuters this evening reports that Apple is investing $1 billion in Chinese ride-hailing service Didi Chuxing. In a statement, CEO Tim Cook explained that the investment will give Apple a chance to learn more about certain segments of the Chinese market, while it will also deliver a strong return.</p>
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Source: Apple invests $1 billion in Chinese Uber competitor Didi Chuxing