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Apple just dropped $1 billion to crush Uber’s dreams in China

  • Apple just dropped $1 billion to crush Uber’s dreams in China
  • The investment comes as Apple is trying to reinvigorate sales in China, its second-largest market.
  • Although Apple’s sales in China have slumped amid slowing economic growth there, Cook stressed he remains confident in the market.

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@businessinsider: “Apple just dropped $1 billion to crush Uber’s dreams in China”


The investment gives Apple a big stake in Uber’s chief rival in China.


Apple just dropped $1 billion to crush Uber’s dreams in China

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