Explained | Why is China’s largest ride-hailing app under probe? - News Summed Up

Explained | Why is China’s largest ride-hailing app under probe?


The Cyberspace Administration of China (CAC) said it suspects the app to be involved in illegal collection and use of personal data. China on Monday banned app stores in the country from listing ride-hailing company Didi Global Inc.’s app, stating that it has made serious violations of data collection and protection laws. Didi is China’s largest ride-hailing company with a market capitalisation of about $74.5 billion. It is also one of China’s largest and most successful tech companies with over half a billion users. The Cyberspace Administration of China (CAC) said it suspects the app to be involved in illegal collection and use of personal data.


Source: The Hindu July 06, 2021 07:18 UTC



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