Apple has huge stores of cash sitting overseas. They can&#x27;t bring it home without subject to large tax penalties. With that cash stockpile growing, it seems like they&#x27;re having trouble finding ways to put that money to work overseas. I wonder if they would have still made this investment if they had the ability to bring that money back stateside without hefty tax liabilities.<p>Regardless, a $1B is not a small chunk of change, even for Apple. Clearly, natural synergies could arise when Project Titan matures. But Apple tightly coupling itself with a rising player in the Chinese tech sector is a smart play (not to mention associating itself with other notable Didi investors like Alibaba). We&#x27;ve seen similar moves by Uber, who took a large investment from Baidu.<p>Interesting times ahead.