Alibaba was fined $2.8 billion earlier this year after the Chinese government began work to rein in the rapidly changing Internet industry through anti-monopoly and other investigations last year.
Didi Chinese Cab Service
The Chinese government has ordered the removal of 25 apps owned by the country’s largest ride hailing service Didi Global Inc. The Chinese government has made this order citing violation of rules against the collection of personal data. China’s Cyberspace Administration had already removed its flagship Didi app last Sunday due to a lack of cybersecurity reviews after its launch in the US stock market last week.
These 25 apps include an app designed for Didi Enterprises as well as Didi Drivers. However, there has been no response from the company about this yet. The ban comes after Chinese officials said earlier this week that they would increase surveillance of listed companies abroad. Along with this, under the new measures, data security and cross-border data flow as well as management of confidential data will be improved.
Didi is the new company facing scrutiny from the Chinese government. Earlier this week the internet regulator said an investigation had found a “serious breach” of how Didi collects and uses personal information. A statement said that the company was asked to fix these problems but no information was given from its side. Along with this, the internet regulators also said that Didi’s new customers were also banned from accepting till the completion of the investigation.
The company was established in 2012
Didi was launched in 2012 as a taxi providing app. It was then expanded to other riding options including private cars and buses. Along with this, the company says that it is also investing in developing electric cars, artificial intelligence and other technologies. The company has secured an investment of $ 4 billion for its New York stock.
The process of investigation started from China since last year
The Chinese government last year began tightening its grip on the rapidly changing Internet industry with anti-monopoly and other investigations. Earlier this year, the Chinese government fined Alibaba $2.8 billion over antitrust violations and also launched an investigation into Meituan, a food delivery platform, over suspected monopolistic practices.
Also on Saturday, China’s market regulator banned Tencent-backed videogame live-streaming platforms Huya and Douyu from merging after an anti-monopoly investigation.
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