The Chinese regime fined ride-hailing giant Didi 8.026 billion yuan (about $1.2 billion) for data security breach following a yearlong probe that forced the company to delist from the United States.
The Cyberspace Administration of China (CAC) said on July 21 that its investigation had found Didi violated the Cyber Security law, Data Security law, and Personal Information Protection law.
The cybersecurity watchdog also fined Didi’s chief executive Cheng Wei and President Jean Liu 1 million yuan (about $148,000) each.
The CAC didn’t mention whether or when it would allow DiDi’s apps to return to the country’s App stores or when Didi could resume registering new users. Since last July, Chinese authorities have restricted such moves pending investigation….