Apple supplier Foxconn invests in Chinese taxi service Didi Chuxing
Foxconn, a supplier of large electronics companies like Apple and Samsung, has more than 100 million euros were invested in the Chinese taxi service Didi Chuxing. Earlier also put Apple own all the money in the company.
A part of Foxconn has converted 106 million euros in the company invested, reports the Wall Street Journal Thursday, on the basis of a report that is done at the Taiwanese stock exchange.
For that price, Foxconn is 0.36 percent of Didi in the hands. The investment gives the service a rating of only 29 billion euros.
Earlier this year, won Didi Chuxing fierce competition with Uber. The Chinese branch of Uber is with Didi merged, in exchange for a share of almost 18 percent in the combined company.
For the merger put out Apple a billion dollars already in Didi Chuxing. It will almost never happen that the iPhone-maker a large scale invests in other companies.