We already told you a few months ago that Apple had invested heavily in Didi chuxing, as a strategy to settle in the Asian country, as well as to get a position on the board, where they can intervene in the capital decisions of the Chinese company. Now, The Californian tech giant's strategy may not work due to a mega investment by Softbank, which would leave the investment made by Apple as a mere declaration of interests.
And is that the Japanese technology giant Softbank, is in very advanced talks to support a $ 6000 billion investment to the Chinese firm Didi chuxing, leaving the aid offered by Apple a little over half a year ago totally out of interest ($ 1000 billion).
Didi chuxing is a Chinese company, direct competition of Uber. Apple supported its expansion in the summer of 2016 as a strategy to gain confidence in the Chinese market. But now everything can change. As reported Bloomerg, the top executives of Didi are considering the possibility of accepting the investment offered by Softbank, which would dilute all previous investments, including that of Apple itself.
However, if this movement were to occur, both Apple and other donor companies Didi, are leaving open the possibility of joining the investment you propose Softbank, according to the report.
It is estimated that Didi chuxing is currently valued at about $ 34 billion, and is immersed in multiple projects in turn, such as the purchase of a shareholder of its own Uber the last summer. The Asian company even opened a laboratory for Artificial Intelligence en Mountain View, California itself, Google headquarters among others, and very close to Cupertino.
As we know, Apple is also trying to craft a self-driving car project on its own, known as the "Titan Project". We can see how all companies try to cover different market niches, possibly in collaboration with others, to reach the most successful result possible. We will be attentive to future movements in relation to Didi chuxing, a company to take into account.