Tag Archives: INDS08

China fines Didi $1.2bn, but outlook clouded by uncertainty over app relaunch

HONG KONG/BEIJING, July 21 (Reuters) – China’s cybersecurity watchdog fined Didi Global Inc $1.2 billion on Thursday, concluding an investigation that forced the private transportation leader to pull out of New York within a year. of its debut and made foreign investors wary of China’s tech sector. The sanction ends the company’s year-long regulatory woes,… Read More »