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Uber China

Uber China Didi Chuxing Apple

Apple’s now an investor in Uber

August 1st, 2016

Didi Chuxing, Uber’s biggest rival in China and the dominant ride-hailing service in the region will acquire Uber’s China arm, in a deal valued at $35 billion. Earlier this year, Apple invested $1 billion in Didi, at a $28 billion valuation. In other words, Apple is about to be an investor in one of the …