It's not being shut down, new accounts can't be created till they "comply".
Likely a warning shot from the CCP that they are still at the mercy of China and need to remain loyal. CCP did damage to Ant before their IPO, now doing damage to Didi after their IPO.
It means any company in China need to diversify overseas so they aren't at the mercy of the CCP. But on the flip side, any app you install from China you'll need to keep in mind they are at the mercy of the CCP.
Maybe it's best to just install apps from Europe...
>The Cyberspace Administration of China (CAC) said in a short statement on Sunday that Didi’s app, often referred to as the Uber of China, has seriously violated the country’s laws and regulations through the improper collection and usage of user information.
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[ 2.6 ms ] story [ 16.6 ms ] threadLikely a warning shot from the CCP that they are still at the mercy of China and need to remain loyal. CCP did damage to Ant before their IPO, now doing damage to Didi after their IPO.
It means any company in China need to diversify overseas so they aren't at the mercy of the CCP. But on the flip side, any app you install from China you'll need to keep in mind they are at the mercy of the CCP.
Maybe it's best to just install apps from Europe...
From what one can read:
>The Cyberspace Administration of China (CAC) said in a short statement on Sunday that Didi’s app, often referred to as the Uber of China, has seriously violated the country’s laws and regulations through the improper collection and usage of user information.
Is this the real reason? Has anyone insights?