In the latest rebuke to ride-hailing giant Didi, China asked for 25 more of the company’s apps to be removed from mobile stores on Friday, deepening a legal issue that has engulfed company since it was listed on the New York Stock Exchange last week.
The country’s internet regulator said in a 10 p.m. announcement that the apps – including Didi’s ride-hailing app, a finance app and an app for corporate customers – had shown problems. matters relating to the collection and use of personal data.
The latest announcement closely resembles the one the same agency issued on Sunday, asking to halt downloads of Didi’s main consumer-facing app for the same reason. That order followed a separate order a day or two earlier asking Didi to stop registering new users while officials conducted an audit of the company’s cybersecurity practices.
None of the recent orders offered any details about specific data and security issues that raised concerns among officials. In a statement posted after midnight on Chinese social media, Didi said it would “sincerely accept and resolutely comply” with the requests.
Beijing’s unexpected moves against Didi, the company celebrated for years in China as a homegrown innovator and industry leader, have prompted new shareholders to on Wall Street of the company astounded. The crackdown has also spooked investors and startups in China, who are wary of what appears to be growing hostility by Chinese officials towards companies in the region. The country lists its shares on foreign exchanges.
A Wall Street listing, such as Alibaba’s record in 2014, was once considered the ultimate confirmation of a company’s business performance in China.