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Didi's official website removes the Didi Travel app, the State Administration for Market Supervision claims it is involved in 8 cases

       After the travel giant Didi was forcibly removed from the shelves for rectification, it was again punished by the anti-monopoly sword.
   The latest news from the State Administration for Market Regulation on July 7 shows that the State Administration for Market Regulation has imposed administrative penalties on 22 cases of illegal implementation of operator concentration in the Internet sector, of which 8 cases involved Didi.
   China Industry News learned that these cases mainly occurred in 2017-2019. Specifically, in 2017, Huidi Tianjin (a wholly-owned subsidiary of Didi) and Tibet Aotong established a joint venture Zhejiang Dishi Automobile Service Co., Ltd., and Huidi Tianjin and Tibet Aotong established a joint venture Hangzhou Dishi Automobile Service Co., Ltd., 2018 Huidi Tianjin and FAW Group set up a joint venture FAW Huidi Automotive Technology Co., Ltd., Huidi Tianjin and China Travel established a joint venture Beijing Huadi Co., Ltd., Xiaoju Intelligent (a wholly-owned subsidiary of Didi) and BAIC New Energy set up a joint venture Enterprises Jingju New Energy Automobile Technology Co., Ltd., Huidi Tianjin and Telaidian established a joint venture Xiaoju Telaidian (Qingdao) New Energy Co., Ltd., Beijing Chesheng (a wholly-owned subsidiary of Didi) and Shikong Electric Vehicle established a joint venture Hangzhou Kuaitu Automobile Service Co., Ltd., in 2019, Xiaoju New Energy (a wholly-owned subsidiary of Didi), Hainan Traffic Control, Nanwang Electric, and Hainan Power Grid set up joint ventures, a total of 8 cases.
   Following the implementation of the cyber security review of Didi Chuxing in accordance with the Cybersecurity Law on July 2 to stop new user registration, the State Internet Information Office issued a notice on the removal of the “Didi Chuxing” app on July 4. On July 7, the Didi Travel App was removed from the official website of Didi, and it was completely unavailable to download. At the same time, the "Didi Chuxing" applet is no longer visible in WeChat search, and the "Didi Chuxing" applet cannot be searched in Alipay. Didi's crisis seems to intensify.
  According to the information released by the National Internet Information Office, the reason for the removal of "Didi Travel" this time is because the App has serious violations of laws and regulations to collect and use personal information. The "Didi Chuxing" was suddenly taken off the shelves, and it was less than a week after it successfully went public on the New York Stock Exchange in the United States.
   Affected by the above incidents, the market value of Didi has experienced a "dark moment" in the secondary market in recent days. As of press time, Didi's market value once exceeded 80 billion U.S. dollars, which has dropped directly to less than 57.8 billion U.S. dollars, and this downward trend is still continuing.
   The pattern of “one super, many powerful” travel sharing leaders has also been loosened due to the impact of Didi’s crisis. AutoNavi Taxi, Cao Cao Travel, Wanshun, T3, Meituan, Dida Travel, Harrow, Ruqi Travel, Shouqi Taxi, Xiangdao Travel and other "Didi Alternative" travel apps, seize the opportunity to continue to make efforts. The latest data shows that on July 4 alone, AutoNavi’s taxi-hailing orders exceeded 2 million.

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