Logo 05 Aug 2022

Didi still in limbo

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On Friday, FT reported that Didi is braced for more regulatory trouble.
Some context: Only a couple of few weeks ago, China’s cybersecurity watchdog (CAC) concluded Didi’s 12-month long cybersecurity review with a whopping RMB 8 billion fine.

Observers were hoping this would pave the way for Didi t...