Apple has given up its seat on the board of Didi Chuxing, and its representative has left the board of Didi. Adrian Perica, Apple's vice president of corporate development, has resigned from Didi's board of directors, according to Didi's board realignment press release announced on August 4.
Perica, a former banker at investment bank Goldman Sachs, joined Apple in 2009 and is responsible for mergers and acquisitions and strategic investments, reporting directly to CEO Tim Cook. In 2016, after Apple announced a $1 billion investment in Didi (about 6.892 billion yuan), Perica joined Didi's board of directors. Cook said at the time that it was a "great financial investment."
Didi has yet to comment. Apple declined to comment.
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