US-listed Full Truck Alliance and Kanzhun resume user registrations in sign of China’s cybersecurity probes nearing end
- The two internet platforms can accept new users for the first time in nearly a year in a sign that their cybersecurity probes are close to an end
- The investigations were launched shortly after a similar probe into Didi Global, but no announcement was made regarding the ride-hailing giant
China’s internet watchdog has relaxed restrictions on two US-listed technology companies nearly a year after launching cybersecurity investigations into the firms along with ride-hailing giant Didi Global.
Truck service provider Full Truck Alliance and online recruiting platform Kanzhun can now resume new user registrations for their platforms after receiving approval from the office within the Cyberspace Administration of China (CAC) that was overseeing the probe, the two firms announced on Wednesday in posts to the microblogging platform Weibo.
Both companies have rectified problems found during the probe, they said in similar statements posted to their social media accounts, and they will continue to ensure the security of their platform infrastructure and big data and help protect national security.
No announcement was made regarding the Didi probe, the results of which remain up in the air despite recent signs that Beijing is easing regulatory pressure on the technology sector.
The resumption of user registrations for the two companies signals that the CAC’s probes are nearing an end. However, many consider Didi’s situation to be more complex.