Monday, November 18, 2024
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Apple has a seat on Didi Chuxing’s board of directors

Apple was previously not considered to have received a seat on the board of directors as part of its investment in the Chinese company. It’s now being reported, however, that one was secured within the weeks following the deal.

Didi Chuxing announced on May 13 that Apple has invested $1 billion in the Chinese car hailing company. Didi claims the investment will see Apple involved in both its technology and product strategies, but further details about this have been scarce.

Didi Chuxing, meanwhile, is facing regulatory pressure that could threaten operations in its home country, which it began challenging over the weekend.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.