![]() ![]() peer Uber Technologies Inc (UBER.N) and Japan's SoftBank Group Corp (9984.T), in a statement on its Weibo account said it accepted the CAC's decision and would conduct self-examination and rectification. and should be severely punished," it said.ĭidi, backed by investors including U.S. "Didi's violations of laws and regulations are serious. It fined Didi 8.026 billion yuan ($1.2 billion) and, in an unusual move, said founder and Chief Executive Cheng Wei and President Jean Liu were responsible for the violations and imposed penalties of 1 million yuan each. The regulator also said its investigation found Didi had illegally collected millions of pieces of user information over seven years starting in June 2015 and carried out data processing that seriously affected national security. In its statement, the CAC said Didi had violated three major laws concerning cybersecurity, data security and personal information protection, a regime that the country revised and expanded last year as part of efforts to regulate its cyberspace and require companies to improve their handling of data. One of the sources said managers convened meetings with Didi teams after the announcement of the fine, during which they were told that there was still little clarity on when the apps could be restored to app stores.ĭidi did not respond to a request for comment on the apps. The regulator in its statement on Thursday did not mention anything about an app relaunch.ĭidi previously said it would need to apply for the apps to be restored and three sources told Reuters that the company had updated the apps to ensure they are compliant once a relaunch is allowed.
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