HONG KONG -- Chinese authorities on Thursday slapped ride-hailing company Didi Global with an 8 billion yuan ($1.18 billion) fine for breaking data security and personal information protection laws, after a yearlong cybersecurity review.
Regulators say ride-hailing platform broke security and personal data laws
Chinese ride-hailing giant Didi has been fined 8 billion yuan ($1.18 billion) in a move many hope marks an end to Beijing's crackdown on the company. © Reuters
HONG KONG -- Chinese authorities on Thursday slapped ride-hailing company Didi Global with an 8 billion yuan ($1.18 billion) fine for breaking data security and personal information protection laws, after a yearlong cybersecurity review.