Categories: LifestyleTechnology

China to remove 25 Didi apps from store as crackdown intensifies

BEIJING, July 9 (Reuters) – China’s cyberspace administration on Friday said it would remove 25 mobile apps operated by Didi Global Inc (DIDI.N) from app stores as the government stepped up a crackdown on the ride-hailing giant.

The apps in question used data that was illegally collected by Didi and include those for its delivery service, camera device and finance services, the Cyberspace Administration of China said in a statement.

Last week, just days after Didi’s $4.4 billion listing on the New York Stock Exchange, the cyberspace regulator ordered app stores to remove Didi’s main ride-hailing app.

It also told Didi to stop registering new users as it launched a probe into the company, citing national security and the public interest.

Didi shares trimmed gains to around 4% after the latest announcement on Friday, having earlier been trading up more than 9%.

The company lost about $21.5 billion in market value in three sessions this week on fears of a fallout from China’s increased scrutiny on domestic technology companies and firms listed overseas.Reporting by Yilei Sun and Tom Daly; additional reporting by Samuel Shen; Editing by Toby Chopra and Emelia Sithole-Matarise

Our Standards: The Thomson Reuters Trust Principles.

Source: https://www.reuters.com/technology/china-cyberspace-administration-says-remove-25-apps-operated-by-didi-2021-07-09/

World Economic Magazine

Recent Posts

Matthew Oldford Halifax Developer Bridges Finance and Construction to Address Nova Scotia’s Growing Housing Demand

HALIFAX, NOVA SCOTIA — As Halifax confronts one of the most pressing housing shortages in…

4 days ago

Servair Returns to Space with ESA Astronaut Sophie Adenot and Chef Anne-Sophie Pic

PARIS, FRANCE — Servair, a member of gategroup, is once again reaching for the stars.…

5 days ago

Luxury Dubai apartment sold for AED422M

Sale hailed as major sign of confidence in city’s real estate market and security in UAE …

6 days ago

What to look for in aircraft audit and transaction management

By Daniel Welinder, Head of Aircraft Management and Sales at Jet Agent The acquisition of…

6 days ago

Biomass, Carbon Removal and Data Centres Converge at DeCarbon Copenhagen 2026

COPENHAGEN, DENMARK — DeCarbon Copenhagen 2026 will convene Europe’s biomass, carbon markets and digital infrastructure…

1 week ago

Parabellum Investments Sells BPO Leader Parseq to Paragon Group

LONDON, UNITED KINGDOM — Parabellum Investments has announced the sale of business process outsourcing (BPO)…

1 week ago