Didi Chuxing, China’s biggest ride-hailing app and Uber’s top global competitor, has confirmed today a $1 billion USD investment from Apple.

The funding is part of a larger $2 billion USD investment round that the Chinese ride-hailing service is hoping to close soon, potentially valuing the company at around $25 billion USD.

Didi Chuxing, formerly known as Didi Kuaidi, has been expanding aggressively both locally and abroad in a services war with Uber. Didi currently dominates China’s ride-hailing market, and has partnered with complimentary services in other countries as part of a global strategy, including Ola Cabs in India, GrabTaxi in Singapore and Lyft in the U.S. Didi counts Chinese tech giants Alibaba and Tencent among their core strategic investors.

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Cate Cadell

Cate is a tech writer. She worked as a journalist in Australia, Mongolia and Myanmar. You can reach her (in Chinese or English) at: @catecadell or catecadell@technode.com