{"id":645,"date":"2021-07-05T06:06:45","date_gmt":"2021-07-05T06:06:45","guid":{"rendered":"https:\/\/www.tsfactory.com\/forums\/?p=645"},"modified":"2021-07-05T06:07:45","modified_gmt":"2021-07-05T06:07:45","slug":"after-didi-china-launches-cybersecurity-probe-into-more-u-s-listed-firms","status":"publish","type":"post","link":"https:\/\/www.tsfactory.com\/forums\/blog\/after-didi-china-launches-cybersecurity-probe-into-more-u-s-listed-firms\/","title":{"rendered":"After Didi, China launches cybersecurity probe into more U.S.-listed firms"},"content":{"rendered":"

BEIJING, July 5 (Reuters) – China’s cyberspace watchdog said on Monday it is investigating online recruiter Zhipin.com, and truck-hailing apps Huochebang and Yunmanman, ramping up a crackdown on the mainland’s tech companies amid tightened regulations on data security.<\/p>\n

The announcement comes a day after the Cyberspace Administration of China (CAC) ordered a suspension of app downloads for Chinese ride-hailing giant Didi Global Inc\u00a0(DIDI.N)<\/a>, which went public in a U.S. listing last month.\u00a0read more<\/a><\/p>\n

Full Truck Alliance\u00a0(YMM.N)<\/a>, the result of a merger between Huochebang and Yunmanman, and Kanzhu Ltd\u00a0(BZ.O)<\/a>, the owner of Zhipin.com, went public in the U.S. stock market last month.\u00a0read more<\/a><\/p>\n

The three app-based businesses should halt new user registrations during the review, the CAC said in a statement, adding that the investigations are to “prevent national data security risks and safeguard national security”.<\/p>\n

The cyberspace agency did not offer further details about the investigation into the three apps, but cited China’s national security law and cybersecurity law.<\/p>\n

Chinese regulators have also recently tightened scrutiny of internet platform companies, including Alibaba Group\u00a0(9988.HK)<\/a>\u00a0and Meituan\u00a0(3690.HK)<\/a>, for anti-competitive practices.<\/p>\n

Full Truck Alliance, often dubbed “Uber for trucks”, has over 10 million registered truck drivers and more than 5 million truck owners on its platform.<\/p>\n

Zhipin.com, which connects job seekers and employers, is China’s biggest online recruiter with 24.9 million monthly active users in the first quarter of 2021, Kanzhu said in its prospectus.<\/p>\n

Source: Reuters<\/p>\n

Read the Full Story Here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

BEIJING, July 5 (Reuters) – China’s cyberspace watchdog said on Monday it is investigating online recruiter Zhipin.com, and truck-hailing apps Huochebang and Yunmanman, ramping up a crackdown on the mainland’s tech companies amid tightened regulations on data security. 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