Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

THE TRUTH ABOUT: Chinese ride hailing giant didi hit with 1 2bn fine | History Defined

Didi has been caught up in a crackdown on the technology sector that has ensnared some of China's biggest firms

BEIJING: China has fined ride-hailing giant Didi more than 8 billion yuan ($1.2 billion), regulators announced Thursday, concluding a year-long investigation into alleged data security violations.

Didi has been one of the highest-profile targets of a widespread crackdown on China's tech firms, which saw years of runaway growth and the emergence of supersized monopolies.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.