Does Apple Own Didi?

Does Apple Own Didi?

Notably, Apple invested $1 billion in Didi back in 2016 which also gave it a seat on the ride service's board. ... Along with Apple's $1 billion investment into Didi, the ride service giant's major backers are SoftBank, Alibaba, and Tencent. For its IPO, Didi is said to be looking at a $100 billion valuation.

Does Apple own any Didi?

Back in 2016, Apple announced a $1 billion investment in the Chinese Uber competitor Didi Global, with Tim Cook saying the investment presented a variety of strategic opportunities for Apple. The investment also earned Apple a seat on Didi's board.

What percent of Didi Does Apple own?

The company announced it has invested $119.9 million in Didi for a 0.355 percent stake in the company, Recode has confirmed. That brings the company's valuation to $33.8 billion, according to numbers included in Foxconn's filing with the Taiwan exchange.

David Miller
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David Miller

David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.