China Fines Didi More Than $1 Billion for Breaking Data Security Laws

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China Fines Didi More Than $1 Billion for Breaking Data Security Laws
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China’s cybersecurity authority fined ride-hailing giant Didi in apparent closure of a yearlong probe that prevented the company from adding new users.

The Cyberspace Administration of China said it fined Didi 8.026 billion yuan after deciding the company violated China's network security law, data security law and personal information protection law.Didi did not immediately respond to a CNBC request for comment.

on Thursday in apparent closure of a yearlong probe that prevented the company from adding new users.after deciding the company violated China's network security law, data security law and personal information protection law.Stay informed during the severe weather season with our local news and weather

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