Chinese taxi service DIDI decided to “surrender” by the PRC authorities. It is close to the transfer of control over the valuable data to a third party to resolve claims from Beijing, Bloomberg writes. Previously, members of the Russian Association “National Taxi Council” warned that DIDI carries a threat to Russia’s safety.
China’s regulatory authorities want this third party to be controlled by the state. It is unclear how such an agreement will affect DIDI access to data that are crucial for organizing 25 million trips per day. Services of the service rose by 15 percent at preliminary trading in the United States.
The final decision of the Chinese competitor Uber will take a few weeks, the sources of publication say. But Beijing is likely to impose more stringent sanctions on DIDI than on Alibaba, which received a record fine by 2.8 billion dollars. Taxi service can only be the beginning in the struggle of the Chinese government for controlling the data, which technological giants are collected from hundreds of millions of users daily.
previously became aware of the possible delising (procedure for stopping trades on the stock exchange) DIDI under pressure from the authorities of China. In mid-June, they threatened to impose an unprecedentedly large penalty on the company because of the IPO on a foreign exchange. The government fears for the safety of personal user data and drivers. As an alternative to accommodation in New York, DIDI offered an exchange in Hong Kong or mainland China, but the company rejected these options.
In Russia, the Chinese aggregator accused that he collects a large amount of data, which, together with geoposition and “unique identification information about a mobile device”, can be of interest to foreign intelligence.