Apple Corp Invested 1 Billion Yuan To Invest In Cook'S First Investment In China

With 300 million users' dripping trips, there was one more user yesterday (16). He was apple CEO Cook.

Yesterday morning, Cook took a drop trip and went to Wangfujing AppleStore with dripping President Liu Qing.

To participate in the forum held by Chinese developers, the representatives of the developers were Meitu Xiu Xiu, the US group and today's headlines.

This is Cook's eighth visit to China.

A few days ago, Apple Corp invested $1 billion in investment. This is the first time Apple has invested in Internet companies in China.

Apple's investment in China

At present, there are 14 million registered drivers, with about 11 million orders per day, with a valuation of $26 billion.

Last month, Didi said that it would soon make profits.

"Apple has invested heavily in the car making plan," Luo Wei, managing director of the high wind consulting and BillRusso, a senior automotive analyst, told reporters.

In this plan, Apple needs to enter the biggest car.

That is China.

Investment will benefit both sides from their ecosystems.

On the one hand, Apple will not lose the share of China's huge market, and on the other hand, it will open up overseas markets outside China. "

In 2013, Google invested $258 million in Uber through its venture capital department.

In 2014, Google came up with its own new product, the driverless car without steering wheel and brake.

For Apple currently developing autopilot, Google and Uber's strong combination is no doubt a huge threat. Google can better integrate map services with Uber, thus strengthening its O2O loop.

Seeing that Google is doing well in mobile travel and driverless driving, apple is also fighting against it.

A car code named Titan was exposed last year. Foreign media reported that Apple will launch its first driverless car in 2019.

CEO, China's largest auto parts supplier, said in an interview this year at CES Asia consumer electronics show: "if Apple is really talking about building cars, the mainland group will be very willing to be partners."

In addition to mobile travel, Apple also invested in clean energy in China.

In April last year, apple joined hands with Tianxin energy to enter China's photovoltaic industry for the first time.

More than a decade ago, American capital and high-tech enterprises poured into the Chinese market, but many of them suffered from climate change.

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Hi tech enterprises focus on Chinese Entrepreneurship

Now mobile

Like a raging fire, plus nearly 700 million of Internet users, China has once again become a favorite market for US companies, and the second wave of nuggets in China is quietly attacking.

Silicon Valley companies, such as Uber, Airbnb and LinkedIn, are entering the Chinese market with the help of Chinese capital and partners.

China hopes to reduce economic dependence on heavy industries through innovation and content services to drive more sustainable economic development, which has also brought new opportunities for the traditional US technology companies.

Last September, Michael Dale, founder of DELL PC, announced that it would invest $125 billion in China in the next 5 years, and strengthen cooperation with China's local partners, such as Jinshan cloud, in storage, big data, cloud computing and other fields, and jointly set up the Joint Laboratory of artificial intelligence and advanced computing with the Chinese Academy of Sciences (MichaelDell).

For Google's future investment in China, ScottBeaumont, President of Google Greater China, said in an interview with "First Financial Daily" in April this year: "for investment is always an open mind, there are also many excellent projects in China, but Google's investment must be consistent with Google's values, which will make the choice more difficult."

In October last year, a company with independent voice recognition, semantic analysis and vertical search technology went out and asked to disclose that it had completed the C round of financing from Google, with a total financing of 75 million US dollars.

It is worth noting that this round of investment Google does not control, go out and ask the team to have absolute control.

And asked the outside side did not disclose the investment amount, only said that since the establishment of the company has accumulated $75 million financing, the company valued at $300 million.

According to the question of going out, the C round financing, which is invested by Google, can ensure that we go out and ask for long-term deep tillage in the field of artificial intelligence, focus on further research and development of core technology, expand new forms of human-machine interaction products in the field of wearable, vehicle and robot, further improve user experience, and have more advantages in attracting top technology and business talents in the world. At the same time, it will help to go out and ask for an important role in expanding overseas markets.

Go out and ask CEO Li Zhifei to introduce, Google investment go out to ask, the main advantage is its four aspects of advantages: technology, landing ideas, localization ability and team.

After the funds are in place, they will go out to the strategic layout of intelligent vehicle, robot and wearable, and apply it to overseas talents.

DonHarrison, vice president of Google development department, commented: "go out and ask for a very unique speech recognition and Natural Language Processing technology.

We are impressed by their innovative technology and potential for development, so we have decided very quickly to help them grow rapidly in the future by investing. "

The size of the Chinese market has made young Facebook founder Zuckerberg share a slice.

It is understood that Facebook is putting pen into the field of artificial intelligence, and has introduced artificial intelligence and voice services.

But there is no concrete action.

But not all technology giants' investment in China has been successful.

As the first fresh electricity supplier invested by Amazon in China, the delicious 77 B round of financing was as high as 20 million US dollars, and then started the self built cold chain logistics and processing center heavy assets operation mode. However, in the absence of a profit model and lack of capital pfusion, the taste of 77 was finally doomed to be acquired.

At present, China's enthusiasm for starting an undertaking has been unprecedentedly high.

In the wake of the policy fever, China has established more than 1600 incubators since 2014, surpassing Silicon Valley to become the largest market for venture capital capital injection.

In the first quarter of this year, China attracted more than $12 billion 200 million in venture capital, up 50% from a year earlier, according to Preqin, a London based consultancy.

Whoever can keep pace with the rapidly changing market and advance the vacancy in the market will seize the opportunity of the next ten years.