The app logo of the Chinese ride-hailing giant Didi can be seen in this illustration image from July 7, 2021 through a magnifying glass on a computer screen with binary digits. REUTERS / Florence Lo / Illustration

SHANGHAI, Jul 7 (Reuters) – China’s cyberspace regulator has opened an investigation into ride hailing giant Didi Global, calling for new users to be stopped and app stores removed, days after it was in a 4.4 billion year US dollar expensive New York went public, share sales.

The move, followed by similar actions against two other Chinese companies recently listed in the US, comes amid tightened data control and privacy policies and broader crackdown on tech companies.


The Cyberspace Administration of China (CAC) asked Didi on July 2, citing China’s cybersecurity law, to stop accepting new user registrations, a comprehensive law introduced in 2017.

Two days later, the CAC announced that Didi’s app had “serious violations of laws and regulations related to …


Source link

Leave a Reply