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China's Didi Chuxing faces high-profile enforcement action over data processing

By Xu Yuan ( July 5, 2021, 00:26 GMT | Insight) -- Chinese ride-hailing app Didi Chuxing is subject to high-profile enforcement by China’s Internet regulator over data-processing activities, with events quickly escalating over the past weekend, days after the company raised $4.4 billion in its initial public offering in the US. The Cyberspace Administration made two separate announcements late on Friday and Sunday targeting Didi’s cybersecurity measures and its handling of personal data, ordering a suspension of the company's registration of new customers.Chinese ride-hailing app Didi Chuxing is subject to high-profile enforcement by China’s Internet regulator over data-processing activities, with events quickly escalating over the past weekend, days after the company raised $4.4 billion in its initial public offering in the US....

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