- Chinese regulators are reportedly poised to end a year-long cybersecurity probe into DiDi Global, allowing the ride-hailing giant to restore its apps and register new users.
- Along with DiDi, logistics matching platform Full Truck Alliance and online recruitment company Kanzhun are also likely to be allowed to sign up new users.
- Some analysts expect the Chinese authorities to gradually relax tough regulation of tech companies in order to spur economic growth, removing the biggest uncertainty in the market.
For further details see:
With DiDi Reprieve, Is China Taking The Handbrake Off The Tech Sector?