China watchdog launches review of Didi Global days after IPO
https://apnews.com/331f021bc6f253409c6bc555f3572148
HONG KONG (AP) — China’s internet watchdog said Friday that it has launched an investigation into ride-hailing company Didi Global Inc. to protect national security and public interest, days after the company went public in New York.
In a statement on its website, the Cyberspace Administration of China said that it would conduct a cybersecurity review in accordance with China’s cybersecurity law. While the investigation is ongoing, Didi will not accept registrations of new users.