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Old 05-13-2016, 10:51 PM   #1
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Default Apple Invests $1 Billion in Chinese Ride Sharing App Didi
With sales of the iPhone slowing, Apple is looking to diversify its investments. The computer and smartphone company is investing $1 billion into Chinese-based Didi, Bloomberg reports. The ride sharing app is likely Uber’s biggest competitor. Didi materialized last year when two separate apps from Alibaba Group Holding Ltd. and Tencent Holdings Ltd. merged to...
The post Apple Invests $1 Billion in Chinese Ride Sharing App Didi appeared first on Automobile.


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