Apple Invests 1 Billion In Chinese Ride-Hailing App

A mobile device displaying the Didi Chuxing app is posed near the Apple store logo in Beijing, China, on Friday. A mobile device displaying the Didi Chuxing app is posed near the Apple store logo in Beijing, China, on Friday. Apple Inc. is investing 1 billion in Didi Chuxing, China's most popular ride-hailing app. It's a striking foray into the Chinese market -- where Apple has recently faced strategic challenges -- and a possible hint as to Apple's continued interest in the world of transportation. The company has widely been rumored to be working on self-driving cars.