Apple's Didi Investment Is 'Genius'

| About: Apple Inc. (AAPL)

Summary

Citing SA tech expert Mark Hibben, Cheddar TV says Apple could reap a 25% return on its Didi investment.

Inorganic growth may be the future for Apple.

Could Uber be the IPO of the century?

Citing an article published yesterday by Seeking Alpha tech expert Mark Hibben, Cheddar TV says Apple's (NASDAQ:AAPL) $1 billion investment in Chinese ride hailing service Didi Chuxing (Private:DIDI) is likely to pay off big time for the tech behemoth. Per Bloomberg, Didi is set to acquire Uber's (Private:UBER) Chinese business and brand. With Uber China stakeholders, including Apple, getting a 20% stake in the newly combined entity, the iPhone maker's investment was clearly a stroke of genius. Hibben writes that Apple may have already realized a 25% return on that investment per the valuation increase as a result of the Didi-Uber China combination.

And then there's Uber itself, which guest host Terence Kawaja, CEO and Founder of tech strategic advisory firm LUMA Partners, and Cheddar say could be "the IPO of the century." No timeline for Uber's public debut yet, but it's sure to make a splash if and when it happens.

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