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China fines Didi Global $1.2 bln for violating data security laws

China fines Didi Global $1.2 bln for violating data security laws

by AIP Online Bureau | Jul 21, 2022 | Eco/Invest/Demography, Technology

The Cyberspace Administration of China (CAC) said its investigation found Didi had illegally collected millions of pieces of user information over a seven-year period starting June 2015, and carried out data processing activities that seriously affected national...

Chinese regulators ask Didi to delist from US bourses on security fears

by AIP Online Bureau | Nov 26, 2021 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology, Workplace/Employee Benefits

Didi sparked the ire of Beijing when it proceeded with its New York stock offering this summer, despite regulatory requests that it ensure the security of its data before the IPO. Chinese regulators quickly launched multiple investigations into the company and have...

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