(Reuters) – Apple Inc <AAPL.O> 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.
China’s crackdown on Chinese hi-tech companies
Uncertainty over the future of the sector that in recent years has attracted huge investments. The Chinese government is determined to curb the “irrational expansion … Read more