Apple is demonstrating some extreme geopolitical naïveté. Looking for growth they have dropped a Billion American into DiDi and think they are playing with some of the big players in China.
The biggest player is of course the Chinese Communist Party. Mao Tse Tung’s grand children are mainly engineers and want to ensure China is resurgent and powerful. Apple is a strong example of western success not Chinese success. As Yahoo found out they have ways to cut you out of deals without you even realizing it.
The Asain mind that studied at American Universities vs the American Psyche that wears comfortable New Balance Shoes. Hmm
Well the deal so far only cost Apple $1 billion. They have some $253 Billion but whose counting.
You know what they say. When you look around the room and can’t figure out who the stupidest guy is; it’s you. The Apple logo may have two bites in it soon.
George Gutowski writes from a caveat emptor perspective.