Chinese regulators set to fine Didi $1 billion: report

Chinese authorities are considering imposing a massive fine of over $1 billion on Didi for allegedly violating the country’s data privacy and national security rules, ending an investigation that has lasted for more than a year, the Wall Street Journal reported Tuesday. The amount would represent 4% of Didi’s 2021 revenues and mark the beginning […]

Chinese regulators set to fine Didi $1 billion: report
Chinese authorities are considering imposing a massive fine of over $1 billion on Didi for allegedly violating the country’s data privacy and national security rules, ending an investigation that has lasted for more than a year, the Wall Street Journal reported Tuesday. The amount would represent 4% of Didi’s 2021 revenues and mark the beginning […]