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Apple bets big on Uber’s biggest competitor in China with a $1 billion investment

Apple invested $1 billion in Didi Chuxing, a Chinese ride-hailing service and Uber’s main competition in the country. Apple’s big bet in China fuels rumors that the company is interested in the auto industry. The post Apple bets big on Uber’s biggest competitor in China with a $1 billion investment appeared first on Digital Trends.

Source: http://www.digitaltrends.com/mobile/apple-didi-investment/
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