Today's email is dedicated to Apple buying a $1 billion stake in Didi Chuxing, China's largest ridesharing company. The email is divided into a number of sections:

Didi Chuxing 101 - A Didi Chuxing Primer.
Investment Rationale - The three primary reasons for Apple investing in Didi.
The Ridesharing War - A closer look at why the ridesharing industry is turning into an "Uber vs. everyone else" war.
Apple's Game Plan - My theory on Apple's plan for Didi and ridesharing.
What's Next? - Details on what I'm expecting in terms of Apple making additional ridesharing investments.
Conclusion

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