Why Apple invested $1 billion in Chinese ride-hailing service Didi Chuxing

Apple might need the help; it faces slowing iPhone sales and tougher restrictions on its services in the country.
Apple new $1 billion investment in the Chinese ride-hailing service Didi Chuxing is as much about currying favor with regulators as directly expanding its own business, analysts said. Apple might need the help; it faces slowing iPhone sales and tougher restrictions on its services in the country.
The investment – one of Apple’s largest to date – could serve other p