EXPLAINER: Why China is investigating tech firms like Didi


Source: news10.com news10.com

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FILE – In this April 27, 2017, file photo, visitors walk past a sign for Chinese ride-hailing service Didi Chuxing at the Global Mobile Internet Conference (GMIC) in Beijing. China’s internet watchdog said Friday, July 2, 2021 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. (AP Photo/Mark Schiefelbein,File) HONG KONG (AP) — Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop...