Friday, May 13, 2016

Apple Invests $1Billion in Chinese Ride-Hailing App

Apple is investing $1 billion in Didi, the Chinese ride-hailing app.

This is the latest development in an intense competition between Didi and US rival Uber in the world’s most populous country.

Silicon Valley reporter Rachel Silverman has the story.

IN: “ The billion dollar
OUT: SOC
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