he Cyberspace Administration of China (CAC) announced it has fined Didi Global Co.,Ltd. which operates China’s biggest taxi hailing app, 8.03 billion yuan (US$1.24b) for 16 illegal behaviors.
The violations covered data security, network security and personal information protection, ranging from illegally collecting users’ personal information from their mobile phones to overanalyzing users’ travel routes and searches.
The CAC said that Didi’s violations could be traced back to 2015 and the company was involved in maliciously shirking supervision from the authorities.
Didi was put under government investigation in July 2021, just two days after it listed on the Nasdaq. On December 3, 2021, Didi announced it planned to delist from the Nasdaq and relist in Hong Kong. The company ended its trading on the Nasdaq on June 10, 2022 with a market value of US$11.1 billion, US$56.7 billion less than on its first trading day.