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Apple fuels electric car rumours with $1bn investment in Chinese Uber rival | TheINQUIRER

APPLE HAS THROWN $1bn at Chinese Uber competitor Didi Chuxing in a move that has fuelled speculation that the firm is revving up its own electric car plans.

Uber is the biggest cab-hailing service globally, but Didi rules in China by a considerable margin, claiming to have an estimated 87 per cent of the market with 300 million users and 11 million daily journeys.

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www.theinquirer.net/inquirer/news/2458074/apple-fuels-electric-car-rumours-with-usd1bn-investiment-in-chinese-uber-rival

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