China’s Didi Chuxing investigation closes in on 60-day mark with no conclusion in sight

Source: Tech – South China Morning PostChina’s cybersecurity review of ride-hailing giant Didi Chuxing shows no sign of concluding any time soon, as the widely followed investigation closes in on the 60-day mark and the company’s business starts to slow down.Didi incurred the ire of regulators when it rushed to raise US$4.4 billion from its initial public offering in New York, ignoring their warnings about network security compliance. On July 2, internet watchdog the Cyberspace Administration of China (CAC) launched an investigation…Read More

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