With Beijing's permission, Didi republishes its main apps on China's biggest app stores, after over a year in regulatory limbo
Bloomberg :
China plans to launch Strong Nation Transport, a ride-hailing app to rival Didi, initially targeting Communist party members and government employees
Ryan McMorrow / Financial Times :
Chinese ride-hailing giant Didi says regulators have lifted a ban on new user registrations, signaling an end to a longrunning regulatory crackdown
China's ride hailing giant Didi Global said in a statement on Monday that it would be allowed to resume new user registration, after a more than year-long ban that curbed its growth.
Sources: Chinese authorities plan to let Didi's ride-hailing and other apps back into app stores as soon as next week, another sign of loosening their crackdown
Chinese authorities are set to allow Didi Global's ride-hailing and other apps back on domestic app stores as soon as next week …
People's Bank of China official Guo Shuqing says the government's two-year clampdown on financial units at Alibaba, Tencent, Didi, and others is winding down
Nikkei Asia :
Sources: Didi fears further retribution and sanctions by Chinese regulators; its app remains unavailable two weeks after CAC's fine was expected to lift the ban
Financial Times : Tweets: @sariarhohavren and @muradahmed Tweets: @sariarhohavren : “The CAC lambasted the company's data practices, saying it ‘seriously impacted national security’.” “The gov does n...
Sources: China will impose a $1B+ fine on Didi over its cybersecurity practices and ease restrictions, letting Didi restore its apps and pursue a Hong Kong IPO
The move ends a yearlong investigation and will free up the company to pursue a second listing in Hong Kong
Sources: Chinese regulators will conclude yearlong probes into Didi, logistics platform Full Truck Alliance and recruitment firm Kanzhun as early as this week
Chinese authorities are also preparing to allow Didi's app back on domestic app stores as early as this week
Sources: Didi suspends its Hong Kong IPO plans after Chinese regulators said its proposals to prevent data leaks fell short; its main apps will remain suspended
Didi Global Inc. plunged 42% on Friday after the company suspended preparations for its planned Hong Kong listing.
Sources: Didi is helping workers establish their first union, likely including drivers, as China imposes rules to curb excessive work
Bloomberg :