Tuesday 17 May 2016

Apple invests $1 billion in China taxi app Didi


CAR TECH
Apple invests $1 billion in China taxi app Didi Beijing (AFP) May 13, 2016 - Apple said Friday it has invested $1 billion in Chinese ride hailing app Didi Chuxing, the bitter rival of US-based Uber, as the tech giant seeks to better understand its second-biggest market. The announcement comes as Apple faces headwinds in China, where it has seen huge drops in sales of its popular electronics, but is working to expand its mobile payments service and is even believed to ... more

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