- Reuters, Friday, May 13, 2016 11:34 AM
Apple has invested $1 billion in Chinese ride-hailing service Didi Chuxing, it revealed on Thursday.
“The tech giant's rare investment gives it a stake in two burgeoning waves of technology -- the sharing economy and car technology -- as the iPhone business that propelled it to record
profitability shows signs of maturing,” Reuters writes.
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