• Startups
  • About Us
  • Contact
More

    Apple to invest $1 billion to Uber rival, Didi Chuxing

    Apple has secured it’s position with the growing ride-hailing business, investing $1 billion to Didi Chuxing, which Uber’s main rival in China.

    Experts comments on the deal that Apple usually invests technologies to integrate with their own products. This $1 billion investment in Didi is the second on the Apple’s top investment list. As you guess the top investment was $3 billion acquisition in 2014 of Beats. It is an unusual movement for Apple because of their previously shown too low interest to service oriented businesses. However, the investment announced by Didi could be an opportunity for their self-drive autonomous cars. Thanks to this investment Apple can test it’s new car project in China. So we can say Apple also will take a remarkable position in the race with Google and Tesla to make autonomous cars.

    The investment “puts a stake in the ground in China that sends a extremely robust message to the Chinese government and the Chinese people that Apple is there to stay,” talked about San Jose technologies analyst Tim Bajarin, president of Inventive Techniques. Cook planning to go to Beijing this month and to meet with government officials about investment details according to Reuters.

     

    Recent Articles

    How to Wear Animal Printed Mask Without Looking Like an Idiot

    A portion of the advantages of Online Hospital Management Software incorporates Reduced Paperwork, basic access to reference records, strong charging of various administrations, upgraded...

    Things to Consider Before You Purchase a Home Security System

    Although some easy system installations can be done on your own, you may have to hire a professional handyman and pay to get it...

    Role of The Bank Coaching Institutes in Your Success

    Aditi Khemka is associated with a top in Kolkata who considers that it is very important to make sure to choose a good institute...

    India records another surge in daily coronavirus cases

    NEW DELHI, Aug 29 (Reuters) - India reported 76,472 new coronavirus cases on Saturday, slightly lower than the record breaking numbers of the past...

    Andrew Marr today revealed he was leaving the BBC after 21 years, including 16 years fronting his Sunday morning political programme – and will...

    The report concluded that despite the problems and restrictions of Covid last year the Trust had done all it could for Victoria and she...

    Related Stories

    Stay on op - Ge the daily news in your inbox