CWEB.com - Watch Amazing Video by Apple. Tim Cook the Genius behind Apple is giving Didi $1 Billion Dollars to rival Uber in China

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CWEB - Today Tim Cook and Apple ( NASDQ : AAPL ) joined the shareholder board at Chinese Uber rival Didi through a $1 billion investment that is the taxi-hailing app's biggest ever single funding infusion in the history.
Didi is a 4-year-old Chinese company that serves over 400 million customers and a major competitor to Uber. iOS and iPhone are in play also.
“This is a definite sign that Apple is interested in tackling transportation challenges,” said Brian Blau, a San Francisco-based Gartner Inc. analyst. “If Apple has their own technology in the future, this would make sense from the perspective of Didi wanting to use Apple car technology.”

Apple has 200 Billion in cash and this is only a part of a small investment.



Congratulation to Tim Cook and Apple! We have stated prior on previous articles about Apple stock with potential uptake to $600 a share by end of the year.

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