China’s Didi Fined Over $1B by Chinese Data Regulators Friday, July 22, 2022 On Thursday, July 21st, the Cyberspace Administration of China fined Didi, China’s largest ride service, CNY8B (@US$1.2B) for violations of its data privacy, data security and cybersecurity laws. The fine reportedly amounts to more than 4% of its total revenue of last year. It also fined the company’s Chairman (Cheng Wei) and President (Jean Liu) each CNY1M (@US$150k) as being responsible for the company’s violations. Regulators claimed Didi, since July of 2015, collected nearly 12 million screenshots and 107M pieces of passenger facial recognition data and more…