Apple's $1bn bet on the Chinese market | Lex
- 5 years ago
Read 'Apple plants seed in China taxi service' for free at: http://on.ft.com/254XBYL
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Apple is spending $1bn for a minority stake in Didi Chuxing, Uber's main rival in China. Robert Armstrong, the FT's head of Lex, and writer Giles Wilkes discuss whether the investment can drive Apple's success in China.
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► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
Apple is spending $1bn for a minority stake in Didi Chuxing, Uber's main rival in China. Robert Armstrong, the FT's head of Lex, and writer Giles Wilkes discuss whether the investment can drive Apple's success in China.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes