Apple Invests $1 Billion In Uber’s Chinese Competitor Didi Chuxing

By Julia Love (Reuters) – Apple said on Thursday it has invested $ 1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market. The investment comes as Apple is trying to reinvigorate sales in China, its second-largest market. […]