Apple Day – Apple, iPod, iPad, iPhone, iTouch, iMac, iBook

April 21, 2017
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Apple CEO Tim Cook touts Didi Chuxing’s data gathering abilities, strong community ties

Apple CEO Tim Cook wrote a profile of Didi Chuxing president Jean Liu as part of the "TIME 100 Most Influential People" special, offering insight into Apple’s investment in the Chinese ride-hailing service. AppleInsider – Frontpage News

March 28, 2017
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Comments Off on Apple mulls joining reported SoftBank-backed investment in Didi to avoid dilution of existing stake

Apple mulls joining reported SoftBank-backed investment in Didi to avoid dilution of existing stake

Japanese tech giant SoftBank is reportedly in talks to back a $ 6 billion investment in Chinese ride-hailing firm Didi Chuxing, a move that could dilute stakes of existing backers like Apple. AppleInsider – Frontpage News

October 12, 2016
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Comments Off on Following its $1B investment, Apple got a seat on Didi Chuxing’s board

Following its $1B investment, Apple got a seat on Didi Chuxing’s board

Earlier this year, Apple invested $ 1 billion in Chinese Uber competitor Didi Chuxing, and at the time, there was some discrepancy as to whether or not Apple got a board seat with that investment. Didi Chuxing itself said that Apple … Continue reading

October 12, 2016
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Apple Given Didi Chuxing Board Seat Following $1 Billion Investment

Shortly after making a $1 billion investment in Chinese ride-hailing company Didi Chuxing, Apple was given a seat on the board, reports The Information. News originally suggested Apple had not received a board seat as part of the deal, but … Continue reading

August 1, 2016
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Comments Off on Apple-Backed Didi Chuxing to Purchase Uber’s Ride-Hailing Operations in China

Apple-Backed Didi Chuxing to Purchase Uber’s Ride-Hailing Operations in China

Chinese ride-hailing service Didi Chuxing is set to acquire the Chinese operations of rival Uber in a $35 billion deal, reports Bloomberg and The Wall Street Journal. Apple notably invested $1 billion in Didi Chuxing back in May, giving Apple … Continue reading

May 16, 2016
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Apple CEO Tim Cook & Didi Chuxing’s president tour Beijing Apple Store

Apple CEO Tim Cook and the president of taxi/ridesharing service Didi Chuxing, Jean Liu, visited an Apple Store in Beijing on Monday morning, just days after Apple’s confirmation of a $ 1 billion investment into Didi. AppleInsider – Frontpage News

May 15, 2016
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Comments Off on Apple’s Didi investment is surprising but good use of massive $233B cash hoard, analyst says

Apple’s Didi investment is surprising but good use of massive $233B cash hoard, analyst says

Investment firm Piper Jaffray views Apple’s Didi funding as a new direction for the company, providing long-term strategic positioning benefits in China’s expanding automotive industry. AppleInsider – Frontpage News

May 14, 2016
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Comments Off on Apple’s $1 Billion Investment in Didi Chuxing Aligned With Electric Vehicle Plans

Apple’s $1 Billion Investment in Didi Chuxing Aligned With Electric Vehicle Plans

Apple announced yesterday that it has invested $1 billion in Chinese ride-sharing service Didi Chuxing, but CEO Tim Cook refused to elaborate on the reasoning behind the move, beyond saying that it will help the company better understand the Chinese … Continue reading

May 13, 2016
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Comments Off on Apple Invests $1 Billion in Chinese Ride-Sharing Company Didi Chuxing

Apple Invests $1 Billion in Chinese Ride-Sharing Company Didi Chuxing

Apple has invested $1 billion in Chinese ride-hailing company and Uber competitor Didi Chuxing, reports Reuters. The move is a strategic investment that will help the Cupertino company better understand the Chinese market, CEO Tim Cook told Reuters. “We are … Continue reading