BEIJING, China - Apple Inc. has invested $1 billion in Chinese ride-hailing service Didi Chuxing, the
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FBN Holdings Plc, Nigeria’s biggest lender by assets, said one of its directors was invited and questioned by the Economic and Financial Crimes Commission as part of a wider probe into alleged illegal transactions by the country’s banks.
Representatives of the U.S., Canada and the European Union walked out of Ugandan President Yoweri Museveni’s inauguration in protest at his comments on the International Criminal Court and the presence of Sudan’s leader, the State Department said.
What to watch for today and over the weekend Barack Obama hosts Nordic leaders. Leaders from Denmark, Finland, Iceland, Norway, and Sweden will visit Washington to discuss issues ranging from terrorism to the environment to enhancing nuclear security. Increased tensions with Russia will likely be high on the agenda. EU trade ministers review the TTIP. The meeting in...
BEIJING, China - Apple Inc. has invested $1 billion in Chinese ride-hailing service Didi Chuxing, the main competitor in China for Uber Technologies Ltd. A
So what did Apple CEO Tim Cook see in taxi service Didi Chuxing that gave another giant in the same space - Uber some sleepless nights?
Ola counts Didi as a strategic investor, in its market share battle with rival Uber
Portugal’s gross domestic product expanded in the three months through March at a slower pace than in the fourth quarter as exports fell.
BEIJING (REUTERS) - Apple said on Thursday it has invested US$1 billion (S$1.37 billion) in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market.. Read more at straitstimes.com.
The investment comes as Apple is trying to reinvigorate sales in China, its second-largest market. Apple recently has come under pressure from Chinese regulators, with its online book and film services shut down last month, and Cook is travelling to the country this month
Apple has invested $1 billion in China’s ride-sharing service Didi Chuxing. The move will help Apple better understand the important Chinese market, according to a Reuters interview with Apple chief executive Tim Cook.
Apple Inc (AAPL.O) said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said
Apple’s Didi Chuxing investment shows the company is looking change its fortunes in China. Investors should now factor in that the cost of doing so has risen.
Tim Cook is making a point about China's future with the Didi investment.
Don’t say there wasn’t any warning. Iron ore’s gone from boom to bust in the space of just three weeks, fulfilling predictions for a slump in prices that were jacked up to unsustainable levels by a short-lived speculative frenzy in China.
The investment from Apple is the single largest investment Didi has ever received.