China may fine ride-hailing firm Didi more than $1b for data breaches

China may fine ride-hailing firm Didi more than $1b for data breaches

REUTERS/Carlos Jasso

Chinese authorities are preparing to impose a fine of more than $1 billion on ride-hailing firm Didi Global, people familiar with the matter said on Tuesday, a move that could bring an end to a probe into the firm’s cybersecurity practices.

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