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China Blocks Didi From App Stores Days After Mega U.S. IPO

  • Internet watchdog asks operators to remove ride-hailing app
  • Regulatory move may have “an adverse impact” on China revenue
Bloomberg business news
WATCH: China has ordered app stores to remove Didi Chuxing. Tom Mackenzie reports.(Source: Bloomberg)
Updated on

China’s cyberspace regulator ordered app stores to remove Didi Chuxing, dealing a major blow to a ride-hailing giant that just days ago pulled off one of the largest U.S. initial public offerings of the past decade.

The Cyberspace Administration of China announced the ban Sunday, citing serious violations on Didi Global Inc.’s collection and usage of personal information, without elaborating. That unusually swift decision came two days after the regulator said it was starting a cybersecurity review of the company.