China ordered another 25 of its apps, which were removed from its mobile store on Friday, in a recent accusation of ride-hailing giant Didi, causing a regulatory turmoil that has involved the company ever since. I deepened it. Listed on the New York Stock Exchange last week.
National internet regulators Announcement at 10 pm Didi’s car pooling app, financial app, corporate customer app, and other apps have encountered issues related to the collection and use of personal data.
The latest announcement was about the same as the announcement from the same agency published on Sunday. Stop downloading For the same reason, that order in Diddy’s main consumer app tells Diddy to stop registering new users while the authorities are checking company network security practices, another two days ago. Followed the order.
Beijing’s sudden opposition to Diddy, which has been celebrated in China for many years as a home innovator and industry pacesetter, has surprised the company’s new Wall Street shareholders. The crackdown also surprised Chinese investors and start-ups. Increased hostility by Chinese authorities For domestic companies whose shares are listed on overseas exchanges.
Alibaba’s record-breaking Wall Street listing in 2014 was once regarded as the ultimate test of corporate performance in China. Diddy’s representative did not immediately respond to a request for comment on Friday.
With another blow to Diddy, China will stop downloading an additional 25 apps.
Source link With another blow to Diddy, China will stop downloading an additional 25 apps.