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China Announces Mandatory Security Reviews for Companies’ Data Exports From September 1
The Cyberspace Administration of China (CAC) said on Thursday that a new regulatory framework that will affect several Chinese companies will go into effect on September 1. The cyberspace regulator will enforce a compulsory security review that will determine whether large quantities of Chinese user data in the possession of a private entity can be...
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Didi and Lenovo Founder Clear Weibo Accounts, Raise Questions on Possible Danger in Public Speaking
Didi and Lenovo founders, along with several other Chinese billionaires, cleared their Weibo accounts amid speculations about danger to their safety for speaking publicly. Only content from the last six months is visible on the Chinese microblogging site, which is an alternative to Twitter.
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Didi's Ride Hailing Rival T3 Raises $1.2 Billion To Expand
T3's funding round comes as ride-hailing companies step up efforts to take market share from China's ride-hailing market leader Didi Global Inc.
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Uber Looking To Sell Didi, China Market Has Little Transparency, CEO Says
Uber had roughly $13.1 billion tied up in investments in other companies as of the end of the third quarter, including $4.1 billion in Didi.
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China Asks Didi To Delist From US On Security Fears: Report
Proposals under consideration include a straight up privatization or a share float in Hong Kong followed by a delisting from the United States.
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Didi Said to Prepare for Relaunch of Apps in China, Anticipates Data Probe Will End Soon
Didi is preparing to relaunch its ride-hailing and other apps in China by the end of the year in anticipation that Beijing's cybersecurity investigation into the company will be wrapped up by then, three people directly involved in the relaunch said.
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Didi's Ride Hailing Rival T3 Raises $1.2 Billion To Expand
T3's funding round comes as ride-hailing companies step up efforts to take market share from China's ride-hailing market leader Didi Global Inc.
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Didi Denies Reports That China Is Coordinating Companies to Invest in It
Didi said that media reports that the Chinese government is coordinating companies to invest in it are not correct.
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Didi May Come Under China’s State Control, Beijing Proposes Government-Run Firms Invest in Company: Report
China is considering taking Didi under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, as per a report.
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Didi Workers Said to Get Union in Groundbreaking Move for China's Tech Sector
Didi will help set up a union for its staff, two people familiar with the plan said, a landmark move in the country's tech sector where unions are extremely rare.
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China’s Regulatory Crackdown at a Glance: From Bitcoin to Celebrity Fan Clubs — Nothing’s Off the Table
China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment.
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China Said to Plan Banning Overseas IPOs for Tech Firms With Data Security Risks
China is framing rules to ban Internet companies whose data poses potential security risks from listing outside the country, including in the US, according to a person familiar with the matter.
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Didi Suspends UK Launch Plans Amid China Crackdown on Tech Firms: Report
Didi has reportedly suspended its plans to launch in Britain and continental Europe against the backdrop of a regulatory backlash at home over data privacy.
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Didi Improves Pay Transparency for Drivers Following China’s State Media Accusations
Didi Global said it will provide its drivers in several Chinese cities with more details on the fees they receive, the first big move by the ride-hailing giant after state media accused it of paying drivers unfairly.
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Chinese Tech Firms 'Self-Correct' to Get Ahead of Potential Regulatory Fury
Fretting about unprecedented regulatory heat for China's tech sector, some companies are no longer waiting for any official reprimands that may or may not be forthcoming.
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China Announces Mandatory Security Reviews for Companies’ Data Exports From September 1
The Cyberspace Administration of China (CAC) said on Thursday that a new regulatory framework that will affect several Chinese companies will go into effect on September 1. The cyberspace regulator will enforce a compulsory security review that will determine whether large quantities of Chinese user data in the possession of a private entity can be...
-
Didi and Lenovo Founder Clear Weibo Accounts, Raise Questions on Possible Danger in Public Speaking
Didi and Lenovo founders, along with several other Chinese billionaires, cleared their Weibo accounts amid speculations about danger to their safety for speaking publicly. Only content from the last six months is visible on the Chinese microblogging site, which is an alternative to Twitter.
-
Didi's Ride Hailing Rival T3 Raises $1.2 Billion To Expand
T3's funding round comes as ride-hailing companies step up efforts to take market share from China's ride-hailing market leader Didi Global Inc.
-
Uber Looking To Sell Didi, China Market Has Little Transparency, CEO Says
Uber had roughly $13.1 billion tied up in investments in other companies as of the end of the third quarter, including $4.1 billion in Didi.
-
China Asks Didi To Delist From US On Security Fears: Report
Proposals under consideration include a straight up privatization or a share float in Hong Kong followed by a delisting from the United States.
-
Didi Said to Prepare for Relaunch of Apps in China, Anticipates Data Probe Will End Soon
Didi is preparing to relaunch its ride-hailing and other apps in China by the end of the year in anticipation that Beijing's cybersecurity investigation into the company will be wrapped up by then, three people directly involved in the relaunch said.
-
Didi's Ride Hailing Rival T3 Raises $1.2 Billion To Expand
T3's funding round comes as ride-hailing companies step up efforts to take market share from China's ride-hailing market leader Didi Global Inc.
-
Didi Denies Reports That China Is Coordinating Companies to Invest in It
Didi said that media reports that the Chinese government is coordinating companies to invest in it are not correct.
-
Didi May Come Under China’s State Control, Beijing Proposes Government-Run Firms Invest in Company: Report
China is considering taking Didi under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, as per a report.
-
Didi Workers Said to Get Union in Groundbreaking Move for China's Tech Sector
Didi will help set up a union for its staff, two people familiar with the plan said, a landmark move in the country's tech sector where unions are extremely rare.
-
China’s Regulatory Crackdown at a Glance: From Bitcoin to Celebrity Fan Clubs — Nothing’s Off the Table
China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment.
-
China Said to Plan Banning Overseas IPOs for Tech Firms With Data Security Risks
China is framing rules to ban Internet companies whose data poses potential security risks from listing outside the country, including in the US, according to a person familiar with the matter.
-
Didi Suspends UK Launch Plans Amid China Crackdown on Tech Firms: Report
Didi has reportedly suspended its plans to launch in Britain and continental Europe against the backdrop of a regulatory backlash at home over data privacy.
-
Didi Improves Pay Transparency for Drivers Following China’s State Media Accusations
Didi Global said it will provide its drivers in several Chinese cities with more details on the fees they receive, the first big move by the ride-hailing giant after state media accused it of paying drivers unfairly.
-
Chinese Tech Firms 'Self-Correct' to Get Ahead of Potential Regulatory Fury
Fretting about unprecedented regulatory heat for China's tech sector, some companies are no longer waiting for any official reprimands that may or may not be forthcoming.
