5 images explain Apple’s $billion Didi deal
Just a few weeks ago Apple made waves when it pumped a billion dollars into China’s equivalent of Uber, Didi. Here’s why the investment matters in five pictures taken from KPCB’s incredibly interesting Internet Trends 2016 report.
Cars cost a lot to run. Why not share them?
China (and India) will be critical markets that define the future of personal transportation.
However, China its already defining the concept with on-demand transportation climbing higher fast. And Apple has an interest here.
If Apple decides to get into car sharing it’s going to need to deal with Uber. It will get better deals with a little leverage.
But everything is at stake:
What’s at stake is a chance to define the future of the car — Tesla offers cars to rich people; Apple appears to be planning cars for the rest of us…
You can read lots more about the Apple implications here.
Wrong or right, this story will run and run.