(Bloomberg) – China has dispatched a team of officials to conduct on-site inspections at Didi Global Inc. as part of an investigation into the ride-hailing giant.
According to a statement released by Cyberspace, officials from the Cyberspace Administration of China, Ministry of Public Security, Ministry of State Security, Ministry of Natural Resources, and Tax, Transportation and Antitrust Authorities will begin an investigation into Didi’s watchdog’s data security Friday.
Days after Didi went public in the US on June 30, the CAC announced the investigation into Didi and ordered that app stores remove its services in China. The investigation by Cheng Wei’s driver service provider led to a re-examination of the Chinese tech giants, who had already been pressured by antitrust authorities for alleged abuses in areas such as pricing and enforced exclusivity, and expanded Beijing’s tech crackdown to include greater oversight of data and overseas IPOs .
Didi’s share was …