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Chinese ride-hailing giant Didi still awaits final ruling from Beijing, one year after it was put under cybersecurity review

July 3, 2022
Source: vnexplorer.net vnexplorer.net
News Snapshot:
Ride-hailing giant Didi Chuxing is still waiting for a final ruling from Chinese authorities, one year after Beijing shocked the market by initiating an unprecedented cybersecurity investigation into the company on national security grounds. US-listed companies Full Truck Alliance and Kanzhun, which were subject to a similar review by the Cyberspace Administration of China (CAC) days after it initiated an investigation into Didi on July 2 last year, were both allowed to resume user registrations last week. The CAC, however, has remained silent on whether and when Didi’s dozens of apps can be restored to Chinese app stores, allowing the...
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