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China Fines Didi $1.2 Billion as Tech-Sector Pressures Persist - Vimarsana News

China Fines Didi $1.2 Billion as Tech-Sector Pressures Persist

Regulators sought to make the company an example of the consequences of mishandling data — and of the grave political error of ignoring the authorities.

Getting Giggy With It: The Rise of China's Gig Economy - Vimarsana News

Getting Giggy With It: The Rise of China's Gig Economy

Gig jobs have become a significant part of China's economy, and are set to increase.

China fines Didi Global US$1.2 billion, ends year-long probe - Vimarsana News

China fines Didi Global US$1.2 billion, ends year-long probe

The Cyberspace Administration of China has imposed a fine of 8.026 billion yuan (US$1.2 billion) against Didi Global.

Source: scmp.com
China ride-hailing giant Didi fined $1.2bn after probe - Vimarsana News

China ride-hailing giant Didi fined $1.2bn after probe

The country's cyber security watchdog launched a probe into the firm just days after its US listing.

Source: bbc.co.uk
China to fine ride-hailing giant Didi more than $1 bn: reports - Vimarsana News

China to fine ride-hailing giant Didi more than $1 bn: reports

Didi, once known as China's answer to Uber, has been one of the highest-profile targets of the widespread clampdown on the sector, which saw years of runaway growth and supersized monopolies before regulators stepped in.

Source: ewn.co.za