China’s Didi Chuxing investigation closes in on 60-day mark with no conclusion in sight

Published Sep 23 2021 at 1:30 PM GMT
  • China’s cybersecurity review of ride-hailing giant Didi Chuxing shows no sign of concluding any time soon, as the widely followed investigation closes in on the 60-day mark and the company’s business starts to slow down.
  • Didi incurred the ire of regulators when it rushed to raise US$4.4 billion from its initial public offering in New York, ignoring their warnings about network security compliance.
  • On July 2, internet watchdog the Cyberspace Administration of China (CAC) launched an investigation….



  • Published Sep 23, 2021 1:30 PM GMT