Didi Chuxing removed from all APP stores in China just four days after 4.4 billion U.S. IPO

Powerful Chinese regulator Cyberspace Administration of China (CAC) ordered all country’s app stores to remove the app of the ride-hailing giant. CAC announced on Sunday late-evening that Didi is illegally collecting user’s data. The crackdown came only two days after CAC launched the investigation and cybersecurity review, announced out of the blue on Friday evening. It seems CAC doesn’t wish Didi executives to have a good sleep, according to the timing of its announcements. For existing users and drivers, Didi remains operational.

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