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
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- 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….
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- Published Sep 23, 2021 1:30 PM GMT