China dispatches team to investigate DiDi's data security
Authorities from seven Chinese departments, including the Cyberspace Administration of China (CAC), dispatched a joint team on Friday to conduct an on-site cybersecurity review into the ride-hailing giant DiDi Global.
The inspection team also includes ministries of public security, state security, transport, and natural resources, along with the State Administration for Market Regulation, said a CAC statement.
The move came after the CAC notified app stores earlier this month to remove Didi Chuxing due to "serious" violations of laws and regulations regarding collecting and using personal information.
Didi Chuxing is a flagship product of DiDi Global. CAC then ordered the removal of 25 mobile apps operated by DiDi Global from online stores for data abuse, including DiDi Enterprise Solutions and DiDi Chauffeur and those dedicated to Didi's extended services, including delivery, camera devices and finance.
DiDi Global raised $4.4 billion in its New York Stock Exchange debut on June 30. Its stock price plunged to $12.36 per share on Thursday compared with its IPO price of $14 per share.