SINGAPORE—Chinese officials prepare to fine the ride-hailing company more than a billion dollars Didi Global That’s ending a year-long investigation into the company’s cybersecurity practices, according to people familiar with the issue.
Some said after the fines were revealed, the government plans to ban Didi from adding new users to its platform and allow the Beijing-based technology company’s mobile apps to be restored to domestic app stores. The fines would also pave the way for Didi, whose app is used by millions of users every month in China, to launch a new stock listing in Hong Kong, these people said.