Apple invests $1bn in Didi Chuxing, China's Uber rival

Tim Cook says investment – single largest ever in Chinese ride-hailing service – allows Apple to learn more about the market there Apple has invested $1bn in Didi Chuxing, China’s version of Uber, CEO Tim Cook said on Thursday.Ahead of a high-profile visit to the country later in May, Cook told Reuters that the investment would create opportunities for Apple to partner with the firm - fueling speculation that Apple is making a strategic investment that complements its own plans