China fines ride-hailing giant Didi Global $1.2b for data security breach

China fines ride-hailing giant Didi Global $1.2b for data security breach

China’s cybersecurity regulator said on Thursday it has fined Didi Global Inc 8.026 billion yuan ($1.19 billion), concluding a probe that forced the ride-hailing giant to delist from New York within a year and cast a gloom over the Chinese tech sector.

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