Didi was one of many highest-profile targets of a sweeping crackdown on China‘s tech sector launched in 2021, which wiped billions of {dollars} off the worth of homegrown firms.
Some firms had been focused over monopolistic behaviour, and others — comparable to Didi — for cyber and nationwide safety considerations.
Didi was compelled by regulators to drag its app from on-line shops and cease registering new customers in July 2021, when investigators discovered its consumer information assortment to be in “serious violation” of laws.
The firm was hit final 12 months with a $1.2 billion advantageous, after China’s our on-line world authority discovered “conclusive evidence” that Didi had dedicated violations together with illegally storing drivers’ ID info in unsecured codecs and covertly analysing passenger particulars.
Didi on Monday stated in an announcement that it had “carried out comprehensive rectification” of its safety points.
Discover the tales of your curiosity
“The company will take effective measures to ensure the security of the platform’s functions and big data, and protect national cybersecurity,” Didi stated. The announcement comes as China’s tech crackdown seems to be easing, with the nation scrambling to spice up financial development battered by three years of hardline Covid curbs.
Premier Li Keqiang final May urged help for tech firms to record each domestically and overseas.
But the sector nonetheless faces strict scrutiny, with Hong Kong-listed Tencent on Monday saying it had handled “problems of corruption and fraud within the company” and had handed quite a lot of workers over to police for investigation.