Didi fined 1.2 billion | Gulf newspaper

China’s internet regulator has fined Didi, the local delivery giant, $1.2 billion, accusing it of breaches of customer personal data.
The China Cyberspace Authority said in a statement that it had “conclusive evidence” that Didi has repeatedly violated Chinese law, particularly with regard to Internet security and personal data protection.
The fine to be paid by the company was set at 8.03 billion yuan (regarding 1.2 billion dollars). Through a calculation conducted by Agence France-Presse, it was found that this amount represents 4.6% of the company’s annual revenue for the year 2021. (AFP)