Business & FinanceTechnology
11 November 2021, 4:59 pm. 1 minute
Reuters reported exclusively that Didi Global is preparing to relaunch its ride-hailing and other apps in China by the end of the year, in anticipation that Beijing’s cybersecurity investigation into the company will be wrapped up by then. Reuters sources said they expected China’s cyberspace regulator to finalize any penalties on the company in December. The company has set aside 10 billion yuan ($1.6 billion) for a potential fine, one of the sources said.
Article Tags
Topics of Interest: Business & FinanceTechnology
Type: Reuters Best
Sectors: Business & FinanceEquitiesTechnologyTransport & Logistics
Regions: Asia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story