Sidebar Sidebar
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

Apple Invests $1 Billion in Chinese Ride-Sharing Company Didi Chuxing

Mactendo said:
Blatant copying is bad. But chinese not just copy, they always move, improve, rethink, redesign. They don't rest on their laurels producing rose gold versions of 3 years old tech product.
Click to expand...

I'm thinking this is a joke post. Either that or you haven't seen the majority of Chinese smartphones at all. In general I just don't understand why you're listing examples of China's "blatant copying" and treating it like they're innovating.
 
Last edited:
The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury.

Yeah, so investing 1b would make them super duper happy.... sheesh
 
Honestly this is a pretty good investment. Didi is the market leader in ride hailing in China and it dwarfs Uber. The main concern of the Chinese government is that the profit that Apple earns in China does not get reinvested into the country and this is a good way to change that perception. Is this pay to play? Probably. But there are a lot of worse things you can do with $1B than to invest in a solid company with amazing market share and good growth prospects.
 
maxsix said:
This is an example of why Apple's here to stay for the long haul. Even when they jump in bed with Communist China, buying the country's acceptance, Apple devotees cheer them on.

Few if any Millennials care, or even know what communism is.

Unable to comprehend, too complacent to educate themselves, too deep in a life of entitlements, they'll never know the difference until it's too late. If they're ever hit by the slap of reality, it's going to be the biggest wake up call of their lives.
Click to expand...


Actually MANY people in China will say in private that they are disappointed that their country is "communist" in name only. So even people in China don't think communism even exists these.
 
ChrisA said:
even people in China don't think communism even exists these.
Click to expand...

Certainly residents of Hong Kong would agree that communism is very much in play in the running of their territory - free speech is unwelcome and is dealt with.
 
Last edited:
ksnell said:
Random companies don't go from $0 to $26B in value in 4 years and have that kind of market share.

I agree there is more to this, as this is not Apple's line of business, unless they will be selling them Apple Cars in a few years.

Thinking this was a backdoor way to be tied to a Chinese company so iTunes Store could go live again, and for a company with the kind of cash Apple has, it was probably a good deal...
Click to expand...

Can't you guys understand satire? So hard?
 
  • Like
Reactions: ksnell
igorsky said:
I'm thinking this is a joke post. Either that or you haven't seen the majority of Chinese smartphones at all. In general I just don't understand why you're listing examples of China's "blatant copying" and treating it like they're innovating.
Click to expand...
Read the rest of the post and look at the whole picture.
 
thewitt said:
The number of ill informed, xenophobic posts in the topic is astonishing.
Click to expand...
You're Kidding right? You haven't missed the news of who the Republican Party has elected as their candidate to be the President of the United States have you? You have not seen who his supporters are? These ARE his people.....and there are many more of them than we want to admit.
 
  • Like
Reactions: Gudi
x0vash0x said:
Like I said, so more China ignorance.

http://www.reuters.com/article/us-china-economy-layoffs-exclusive-idUSKCN0W33DS

China is actually putting money where its mouth is: its providing tens of billions of dollars to displaced workers to train them for the new economy. Learn some Chinese politics and economics before you spout garbage.
Click to expand...
And exactly where in that article do they talk about autonomous vehicles or automation at all? You know, the subject of the conversation.
 
Mactendo said:
Read the rest of the post and look at the whole picture.
Click to expand...

I did. You also mentioned that China makes great trains, which you also said they copied. You want to give them credit for copying well? Feel free. But don't make it sound as though their blatant copying (your words) is some sort of commendable achievement.
 
  • Like
Reactions: Michaelgtrusa
satchmo said:
That ChuXing logo is typical of the knockoff culture in China. It's a sad attempt to mimmick the Uber logo.
Click to expand...
If you want to do business in china, you mush share your ip, in other words let us steal it.
[doublepost=1463156769][/doublepost]
igorsky said:
https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Apple
[doublepost=1463149651][/doublepost]

Dear Millennial,

Learn more about China. Your age doesn't automatically imply that you're well informed.


Sincerely,

Gen X
Click to expand...
Indeed. He you study history and see who put Mao in power and why china was open and the U.S built it from the bronze age they were stuck in.
[doublepost=1463156891][/doublepost]
hkenneth said:
It's a wise move. China is the future. Anyone thinks otherwise is blinded by his ignorance. Just go to China and see for yourself how fast new technologies get adapted there.
Click to expand...
You mean get bought and stolen out from other nations who have real IP's to be proud of.
 
igorsky said:
I did. You also mentioned that China makes great trains, which you also said they copied. You want to give them credit for copying well? Feel free. But don't make it sound as though their blatant copying (your words) is some sort of commendable achievement.
Click to expand...
Read again. I wrote they not just copy but always improve and move forward at fantastic speed and one day they'll move ahead of the west with their tech like Japan and Korea once did. China built the world largest HSR network just in 10 years, that requires 'some' understading of technologies, it's not the same as copying an Apple pencil. And that's just one of the examples.

Dumb copying and reselling is bad but they do more than that. They care about their future and work really hard and achieve great results. That's impressive. World isn't black and white as some people love to imagine and most of the things have both sides, good and bad.
 
It's legitimate to question an odd venture investment in a startup (albeit a huge one) in China, because Apple hasn't invested in startups, let alone in a Chinese one.
 
igorsky said:
I did. You also mentioned that China makes great trains, which you also said they copied. You want to give them credit for copying well? Feel free. But don't make it sound as though their blatant copying (your words) is some sort of commendable achievement.
Click to expand...
It's not about a commendable achievement. It's about progress and business. You are applying morals and judgments that are no longer applied. Today it's all about profit. You wanted pure capitalism ...well you got it.
 
  • Like
Reactions: Mactendo
This was a strategy move, and a smart one. Funny how many emotional kneejerk armchair artists are in this thread trying to criticize Apple and Tim Cook and something they don't even have the background knowledge to understand. It's almost laughable.

DUCKofD3ATH said:
Must be. He's the only politician running for president or currently president who cares about American jobs.
Click to expand...
He's not a politician, he's a notoriously corrupt reality TV executive. And he does not care about our jobs considering he has a long track record of manufacturing outside of the US and hiring foreigners to build his hotels.
 
macfacts said:
Why doesn't Apple invest in American companies?
Click to expand...
Because they cannot afford to loose other markets and become bankrupt. If companies restrict their investment to american companies they cannot sell their products any where else other than US. In the global economy restricting investments to a particular country will not work.
 
Last edited:
tdar said:
It's not about a commendable achievement. It's about progress and business. You are applying morals and judgments that are no longer applied. Today it's all about profit. You wanted pure capitalism ...well you got it.
Click to expand...

I'm applying morals and judgements that can not only be applied, but they can be enforced by law here in the US. Obviously I'm stating my opinion as an American. I understand that, in China, it's about profit by any means necessary...doesn't mean that we should be lifting them up on our shoulders and awarding them medals for stealing better than anyone else.
 
djcerla said:
Yeah! Let's just focus on Apple's own: personal computers! I suggest a beige hue for the new machines.
Click to expand...
You know, there were a lot of better ideas that Apple could pursue instead of following some half baked plan to enter the hyper-competitive automotive industry. Apple isn't even likely to win this fight, Google simply has better data about the world (higher quality AND quantity) than Apple does.
 
AgentAnonymous said:
He's not a politician, he's a notoriously corrupt reality TV executive. And he does not care about our jobs considering he has a long track record of manufacturing outside of the US and hiring foreigners to build his hotels.
Click to expand...
You say he's not a a politician like that's a bad thing.

"Notoriously corrupt"? Not hardly. But given that criteria, I guess you won't be voting this time around, what with the Clintons' penchant for corruption.
 
You must log in or register to reply here.
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.
Top Bottom
Back