Apple Gives Up Board Seat at Chinese Ride-Hailing Company Didi

Apple has given up its board seat at Didi Global as the Chinese ride-hailing company struggles to return to growth following crushing fines and restrictions imposed by Beijing's cyberspace regulator, reports Bloomberg's Mark Gurman.

Tim Cook Beijing Didi Chuxing

Apple CEO Tim Cook with Didi Chuxing president Jean Liu in 2016

Adrian Perica, Apple's vice president of corporate development, resigned from the board earlier this month, according to a notice posted on Didi's website.

Perica, who heads Apple's mergers and acquisitions strategy, joined Didi's board in 2016 after Apple made a $1 billion investment in the the ride hailing app. The move was described by CEO ‌‌Tim Cook‌‌ at the time as a "strategic investment" that would help Apple better understand the Chinese market.

The problems started for Didi last year, when Apple was informed by China's internet regulator that it must remove the Didi Chuxing ride hailing app from the Chinese App Store, after Beijing raised concerns about the Uber rival's possible misuse of personal data.

Didi's removal from China's mobile app stores effectively hamstrung the company and the action erased more than 80% of its market value. Then last month, following a year-long investigation, Didi was fined $1.2 billion by the Chinese government for infractions that Beijing said compromised national security.

The decision followed broader moves by Beijing to curb the influence of China's largest internet corporations and tighten the ownership of the personal data of hundreds of millions of users held by the likes of Alibaba, Tencent, and others.

Apple's investments and acquisitions have dramatically slowed over the past two years, with the tech giant being more selective in the face of a shaky economy and heightened government scrutiny.

Popular Stories

iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro Launching in Three Months With These 12 New Features

Saturday June 21, 2025 2:45 pm PDT by
The iPhone 17 Pro and iPhone 17 Pro Max are around three months away, and there are plenty of rumors about the devices from credible sources. Below, we recap key changes rumored for the iPhone 17 Pro models as of June 2025:Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone X...
iPhone 16 Battery Life Feature

iOS 26's New Battery Life Mode Available Only on These iPhone Models

Saturday June 21, 2025 9:02 am PDT by
Last week, we reported that iOS 26 introduces an opt-in Adaptive Power Mode on the iPhone, alongside the existing Low Power Mode. Apple says that Adaptive Power Mode can make "small performance adjustments" when necessary to extend an iPhone's battery life, including slightly lowering the display brightness or allowing some activities to "take a little longer." The full description of...
All Screen iPhone 2027 Feature 1

iPhone Reportedly Moving to All-Screen Design in Two Stages

Sunday June 22, 2025 3:58 pm PDT by
Apple has long been working towards an iPhone with an all-screen design, and it might finally achieve the feat in a few more years from now. In his Power On newsletter today, Bloomberg's Mark Gurman said that Apple will shrink the size of the Dynamic Island on new iPhone models released next year. A year after that, he expects Apple to release a redesigned 20th-anniversary iPhone model....
ios 26 control center b2

Everything New in iOS 26 Beta 2

Monday June 23, 2025 2:57 pm PDT by
Apple provided developers with the second beta of iOS 26, introducing the first changes and refinements to the new operating system since it debuted after the WWDC keynote. Because we're early in the beta testing process, there are quite a few tweaks to iOS 26, which we've rounded up below. Subscribe to the MacRumors YouTube channel for more videos. Control Center The background behind the...
ios 26 control center b2

iOS 26 Beta 2 Fixes Control Center Design

Monday June 23, 2025 10:58 am PDT by
With the second beta of iOS 26 that Apple provided to developers today, Apple addressed one of the major complaints that people have had with Liquid Glass. iOS 26 beta 1 on left, iOS 26 beta 2 on right The Control Center buttons are now slightly more opaque, making it easier to see the different control options even on a multicolored background. The new, more opaque look is apparent with the ...
iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro's Alleged Vapor Chamber Cooling System Partly Revealed

Sunday June 22, 2025 6:37 am PDT by
Apple's upcoming iPhone 17 Pro and iPhone 17 Pro Max models are rumored to be equipped with a vapor chamber cooling system, and a leaker known as Majin Bu today shared a photo of an alleged copper thermal plate for the system. Many high-end Android smartphones like Samsung's Galaxy S25 Ultra are equipped with a vapor chamber cooling system, which can manage heat dissipation inside the...
apple watch ultra 2 new black

Apple Watch Ultra 3 Finally Coming After Two-Year Hiatus

Tuesday June 24, 2025 3:40 am PDT by
Apple will finally deliver the Apple Watch Ultra 3 sometime this year, according to analyst Jeff Pu of GF Securities Hong Kong (via @jukanlosreve). The analyst expects both the Apple Watch Series 11 and Apple Watch Ultra 3 to arrive this year (likely alongside the new iPhone 17 lineup, if previous launches are anything to go by), according to his latest product roadmap shared with...
Apple Watch Ultra 2 Complications

watchOS 26 Adding a Smaller Yet Useful New Watch Face Setting

Monday June 23, 2025 9:39 am PDT by
watchOS 26 is adding a new "Show Data When Locked" setting to the Apple Watch. MacRumors contributor Steve Moser discovered the new setting within the code for the first watchOS 26 beta, and a Reddit user has seemingly found it in action, but we have yet to figure out where it is exactly. Leave a comment if you know. The new privacy setting allows you to toggle on or off the ability to...
Wi Fi WiFi General Feature

iOS 26 Adding Two New Wi-Fi Features, Allows AirDrop and AirPlay Alternatives

Saturday June 21, 2025 7:02 am PDT by
iOS 26 is gaining two new Wi-Fi features, including Captive Assist and Wi-Fi Aware. MacRumors contributor Aaron Perris discovered a reference to Captive Assist within the code for the first iOS 26 developer beta, but Apple has yet to enable the feature. It should be available by the time the software update is released later this year. In his Power On newsletter last month, Bloomberg's...

Top Rated Comments

ponzicoinbro Avatar
37 months ago
Look at the stock price over 5 years of all ride sharing, food delivery, airbnb, wework businesses.

Retail investors deep in the red with big losses. VCs and founders ran off with the money already.

These type of businesses are parasite businesses. They just feast on the blood of the masses while adding costs everywhere.

Your rent is higher because of Airbnb property speculators.

Your pollution is higher because ride sharing clogs the streets and people get tempted to use that instead of public transport.

Zero sum game and zero benefit for the masses. Only a small number of rich people gain.
Score: 31 Votes (Like | Disagree)
himanshumodi Avatar
37 months ago
Looks like Apple did learn an expensive lesson about China's market.
Score: 24 Votes (Like | Disagree)
Onexy Avatar
37 months ago
Data privacy is not the real reason for the fines. In China it never is.
Score: 17 Votes (Like | Disagree)
Scipster Avatar
37 months ago
I'm confused. China requested the app be pulled over data privacy concerns? I thought data privacy was a joke under the all-seeing, all-knowing authoritarian state?
Score: 15 Votes (Like | Disagree)
ghanwani Avatar
37 months ago

I'm confused. China requested the app be pulled over data privacy concerns? I thought data privacy was a joke under the all-seeing, all-knowing authoritarian state?
There’s a difference between a company using user data and the state using it.
Score: 8 Votes (Like | Disagree)
indychris Avatar
37 months ago

Looks like Apple did learn an expensive lesson about China's market.
It’d be awesome if Apple would learn a lesson about China period. Wishful thinking I s’pose. Few do.
Score: 8 Votes (Like | Disagree)