Chinese ride-hailing giant Didi’s app is seen on a mobile phone in front of the company’s logo, shown in this illustration photo taken on July 1, 2021.
Florence Law | Reuters
BEIJING — China’s cybersecurity authority fined ride-hailing giant Didi Global on Thursday in an apparent end to a year-long investigation that has prevented the company from adding new users.
The Cyberspace Administration of China said it fined Didi 8.026 billion yuan ($1.19 billion) after deciding the company violated China’s Network Security Law, Data Security Law and Personal Information Protection Law .
The administration also fined two Didi executives 1 million yuan each.
Didi said in an online statement that it accepts the cybersecurity regulators’ decision.
Didi did not immediately respond to CNBC’s request for comment.
The cybersecurity authority’s announcement did not say whether the fine means Didi will soon be able to add new users or restore its presence in China’s app stores.
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