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Chinese government slaps Didi with US$1.2 billion fine for data security violations

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Beijing, China- The Cyberspace Administration of China (CAC) has fined the country’s ride-hailing giant, Didi, US$1.2 billion for breaching the country’s cybersecurity law, data security law, and personal information protection law. CAC’s latest penalty on Didi follows a yearlong investigation into the data practices of the ride-sharing giant that spoiled a blockbuster listing in the United States and ultimately led to a decision to delist from the New York Stock Exchange . Nevertheless, the regulator’s announcement did not address whether Didi would be allowed to put its app back on Chinese app stores and to again register new users. The…

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