Didi gets China approval to relaunch after 18-month security probe

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TechCrunch 2 mo ago

Didi gets China approval to relaunch after 18-month security probe - TechCrunch

Quick Summary:

Eighteen months after its app was suspended in China, ride hailing giant Didi made a comeback on Monday.

The move came as China showed signs of easing up its sweeping regulatory clampdown on the internet sector over the past three years.

China has been tightening regulatory oversight on the novel business in recent years, putting it more in line with the traditional state-owned taxi industry.