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China must complete cybersecurity investigation, Didi must redeploy its app, says WSJ – Sciences et Avenir › Geeky News

June 11, 2022
Source: geeky.news geeky.news
News Snapshot:
(Reuters) – Chinese authorities will finalize investigations into Didi Global and two other companies and are about to allow the taxi giant to redeploy its app in China, the Wall Street Journal reported on Monday. Regulators also plan to allow the re-deployment of Full Truck Alliance’s logistics platform applications and Kanzhun’s online recruitment service, the WSJ reported, citing unnamed people familiar with the matter. This is the latest signal to investors that promises to ease the pressure on China’s internet sector are starting to pay off. Shares of Didi, listed on Wall Street, jumped 50% to $2.78 (€2.59) in premarket...
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