After a year-long probe into the company’s cybersecurity and data management, Chinese ride-hailing app Didi Global was fined $1.2 billion (8 billion yuan) by the country’s regulators. The clampdown is part of an ongoing regulatory sweep targeting the country’s big tech sector and aims to also root out corruption amongst its governmental bodies.
Chinese Regulators Slam Ride-Sharing App Didi Global with $1.2 Billion Fine comes via ChinaTechNews.com.
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