Explained | Why China’s largest ride-hailing app under probe?
The Hindu
The Cyberspace Administration of China (CAC) said it suspects the app to be involved in illegal collection and use of personal data. It did not provide any further details.
China on Monday banned app stores in the country from listing ride-hailing company Didi Global Inc.’s app, stating that it has made serious violations of data collection and protection laws. This comes days after the Internet watchdog said it has launched a cybersecurity investigation against the platform. Last week, Didi got listed on the New York Stock Exchange (NYSE) and raised over $4 billion in the initial public offering. (Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.)
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