Apple’s $1 billion investment in Chinese ride-hailing startup Didi is unlikely to be its last in the auto industry. The tech giant is burning more cash than the top 14 automakers combined, say Morgan Stanley analysts.
Apple’s $1 billion investment in Chinese ride-hailing startup Didi is unlikely to be its last in the auto industry. The tech giant is burning more cash than the top 14 automakers combined, say Morgan Stanley analysts.