ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Apple invests in China's leading ride-hailing app

Didi Chuxing has become a fixture in urban China.

SILICON VALLEY/BEIJING -- Apple has invested $1 billion in Didi Chuxing, China's largest ride-hailing service, and may be eyeing future collaborations on electric vehicles and self-driving technology.

Didi works with over 14 million taxis in 400 cities across China. It has 300 million registered users and provides millions of rides each day. It controls 87% of the Chinese market, and counts such Chinese technology giants as Tencent Holdings and Alibaba Group Holding among its investors.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more