Apple CEO Tim cook dinner Visits Beijing After China Woes, Didi Deal

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Apple CEO Tim Cook Visits Beijing After China Woes, Didi Deal

Apple Inc leader govt Tim cook visited Beijing on Monday, days after saying a $1 billion address ride-hailing app Didi Chuxing, and as the usa firm attempts to reinvigorate income in China, its secondlargestmarketplace after america.

From weakening telephone sales to the lack of an iPhone trademark dispute and the suspension of some ofits on-line entertainment services, Apple has been dealing with a flurry of issues in current weeks in China.

cook has planned to meet excessivedegree authorities officers, a supply acquainted with the matterstated in advance this month.

At an Apple shop in valuable Beijing on Monday, cook met with Didi Chuxing President Jean Liu, consistent with the experience-hailing employer on Monday. prepare dinner has said the investment could helpApple better understand the crucial chinese language market.

Didi is working towards an IPO in the united states of america that would likely take vicinity in 2018, a person with understanding of the plan said on Monday.

also present on the Apple save meeting were executives from different app companies, which includeMeituan-Dianping, a group shopping for and order-in carrier firm.

Apple did now not right away respond to a request for comment.

© Thomson Reuters 2016

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