Hong Kong
CNN
—
Ride-hailing large Didi acquired approval to renew new consumer registration in China, it mentioned Monday, offering extra proof that Beijing’s regulatory crackdown on tech giants could be coming to an finish.
The transfer is the newest signal that regulators are loosening the reins on the nation’s beleaguered tech firms in a bid to spur financial development.
“For more than a year, our company has cooperated with the government’s cybersecurity review, seriously dealt with the security issues found in the review, and carried out a comprehensive rectification,” Didi mentioned in an announcement posted on its Weibo account.
With the approval of the Cybersecurity Review Office, Didi will have the ability to resume including new customers “immediately,” it added.
Didi is a poster youngster for Beijing’s years-long crackdown on its tech firms. Just days after its $4.4 billion…
2023-01-16 04:42:19 China permits Didi to renew signing up new customers as tech crackdown eases
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