Apple was granted a seat on the board of Didi Chuxing following its staggering $1 billion investment in the ride-hailing company, reports The Information. Citing a regulatory filing, the outlet says the appointment occurred in late June—a few weeks after the deal was finalized. Adrian Perica, Apple's mergers and acquisitions chief, represents Apple on the board. Perica also played a major roll in the company's $3 billion Beats acquisition back in 2014.
Apple given Didi Chuxing board seat after $1 billion investment