Commentary China’s largest ride-hailing service is currently being investigated by Chinese regulators. The accusations against Didi involve the illegal collection of users’ data. The app is no longer available for download in China. Shares in Didi have plunged by 20 percent. The Chinese Communist Party’s (CCP’s) announcement came just days after Didi made its much-publicized Wall Street debut. The reasons for the announcement are clear, and I will discuss them later in this short piece. However, before delving into the timing of the announcement, it’s important to remember what Didi appears to be, and that’s an abuser of data. Both Tencent, owner of the heavily-monitored WeChat messaging app, and Alibaba own sizable stakes in Didi. Both companies have a history of shady data breaches and information mismanagement. Although Didi is synonymous with its domination of the Chinese market, it also operates in 14 other countries around the world, including Australia, Brazil, Japan, …