Didi, a Chinese company, has announced its retirement from its board of directors

Didi, a Chinese company, has announced its retirement from its board of directors ...

According to Bloomberg journalist Mark Gurman, Apple has decided to quit the board of directors of Didi Global, a Chinese company that raised $ 1 billion in investments.

Adrian Perica, Apple's vice president of corporate development, resigned from Didi's board of directors in early August, but this has only become known now. In 2016, Apple CEO Tim Cook dubbed the move a "strategic investment." It would allow the company to better understand the Chinese market.

Didi's problems began last year when a Chinese Internet regulator informed Apple that it should remove the taxi app from the Chinese App Store. As a result of the investigation, the Chinese authorities discovered that the service unlawfully used users' personal information.

Following this, Didi lost more than 80% of its market value, and in July 2022, the Chinese government fined the company $1.2 billion for putting its national security at jeopardy.

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