Didi Gets Green Light to Relaunch in China After 18-Month Suspension

• Didi, a Chinese ride-hailing and multi-services app, was suspended for 18 months in China due to allegations of illegally collecting user data.
• After an 18-month suspension, Didi was approved to relaunch its app on Monday, 16th January 2023.
• Before the suspension, Didi served around 493 million, annual active users and was involved in about 41 million daily transactions.

Didi, a Chinese ride-hailing and multi-services app, received the green light to relaunch in China on Monday, 16th January 2023, after an 18-month suspension. Didi had been suspended since July 2021 due to allegations of illegally collecting user data. Before the suspension, Didi was one of the most popular apps in the country and had an impressive customer base of around 493 million, annual active users. The company was also involved in about 41 million daily transactions.

In response to the “national security concerns” raised by the regulators, Didi said it has started making “corrections” to its data practices. Therefore, in order to relaunch the app, Didi had to make several changes to its data collection practices and adhere to the new regulations set forth by the Chinese authorities. Moreover, existing users of the Didi app were allowed to continue using it as long as they had it on their phones.

Didi was also involved in one of the US’s largest initial public offerings (IPOs) in which they raised around $4 billion. Despite the suspension, the company has continued to grow and expand its services. It now offers various app-based services such as food delivery and ride-hailing.

The relaunch of Didi will not only benefit the company but its customers as well. With its relaunch, customers will now be able to access the services offered by Didi without any worry about their data being misused. Moreover, the relaunch will also help to create more jobs in the country and contribute to the local economy.

Overall, the relaunch of Didi will benefit everyone involved. It will help the company to continue to grow and expand its services, while also providing a safe and secure platform for customers to access the services provided by the company.