Apple Inc. has invested US$1 billion in Chinese ride-hailing service provider Didi Chuxing, formerly Didi Kuaidi, in a bet on the future of the biggest sharing economy and car technology firm in China. Apple's chief executive officer Tim Cook says that he sees opportunities for Apple and the chief rival of Uber in China to […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.