BEIJING – China’s cyber watchdog on Sunday ordered ride-hailing service Didi be removed from app stores after investigations found its user data collection in “serious violation” of regulations.
The announcement comes just days after the Cyberspace Administration of China said it was probing the company over “cybersecurity” concerns and “to prevent security risks to national data”.
The investigation caused Didi’s shares to slide, shortly after it pulled off a bumper New York IPO where it raised over $4.4 billion.
China’s tech giants have in recent months been swept up in a regulatory crackdown — hitting companies ranging from Alibaba to Meituan — by government authorities fearful of their supersized influence on…
