Apple is one of the companies in talks with Lyft, the popular Uber replacement that's starting to gain traction. According to New York Times Recently, Lyft and other tech companies have been in talks for a possible acquisition, and he was also involved in the negotiations. Apple.
Except AppGoogle, General Motors, are interested in Lyft Amazon, Uber and Didi Chuxing. The most interesting negotiations are between Lyft and GM, because General Motors is one of Lyft's largest investors and the reason why none of the companies has decided to buy Lyft yet. GM invested so much in the company that it was valued at $5,5 billion in January, even though it has "only" $1,4 billion in cash.
Lyft would be happy for the buyout, especially so that it can better compete with Uber. Already in the past, he has teamed up with Didi Chuxing at certain points of cooperation for this reason, and together they are trying to defeat Uber. However, despite these efforts, Uber still has a strong influence and its service is the most popular.
Apple already made an interesting investment in the Chinese Uber, Didi Chuxing, a company a summer ago. Tim Cook and his team decided to invest a full one billion US dollars, making it the largest investment Didi Chuxing has ever received.
"We make current investments based on many strategic goals. Among other things, we want to learn more about the Chinese market and at the same time understand it more. Of course, we believe that the investment will somehow return to us in the future.” he said Tim Cook in a press release on the financial support of Didi Chuxing. Didi Chuxing is often called the “Chinese Uber”. It allows users to request a ride to a specific destination using a smartphone. In addition to regular passenger cars, it also works for classic taxis. The real Uber is Didi Chuxing’s biggest competitor.
Didi Chuxing representatives said that the investment AppThe move is the largest ever for the company. The company's drivers currently provide more than 11 million rides per day, and Didi Chuxing has nearly 90% of the ride-hailing market. This move AppLu may also (purely hypothetically) be linked to their recent spats with the Chinese government. He may be trying to mend relations in this way.
