The app of Chinese ride-hailing giant Didi is seen on a cellphone in front of the business logo design showed in this illustration photo taken July 1, 2021.
Florence Lo|Reuters
BEIJING– China’s cybersecurity authority fined ride-hailing giant Didi Global on Thursday in evident closure of a yearlong probe that avoided the business from including brand-new users.
The Cyberspace Administration of China stated it fined Didi 8.026 billion yuan ($ 1.19 billion) after choosing the business breached China’s network security law, information security law and individual info security law.
The administration likewise fined 2 Didi executives 1 million yuan each.
Didi stated in an online declaration it accepted the cybersecurity regulators choice.
Didi did not right away react to a CNBC ask for remark.
The cybersecurity authority’s statement did not state whether the great suggested that Didi would quickly have the ability to include brand-new users or restore its existence on app shops in China.