Didi is being investigated by China’s cyberspace watchdog. Photo: AP
Didi is being investigated by China’s cyberspace watchdog. Photo: AP

China’s cyberspace administration launches probe into ride-hailing giant Didi, two days after mega IPO

  • Investigation by cyberspace watchdog comes hot on the heels of mega IPO in the US and as Beijing ups regulatory scrutiny of Big Tech
  • Despite worsening geopolitical tensions between the US and China, Didi pulled in an astronomical number from investors

Topic |   China technology
Didi is being investigated by China’s cyberspace watchdog. Photo: AP
Didi is being investigated by China’s cyberspace watchdog. Photo: AP

Corrected [5:06pm, 4 Jul, 2021]

  • [5:06pm, 4 Jul, 2021]

    A previous version of this story said China's Measures for Cybersecurity Review went into effect this year. It was, in fact, issued in 2020.

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