Didi Global, a Chinese ride-hailing giant, has reined in its plans to launch in the United Kingdom and continental Europe, citing the pressures of an ongoing Chinese regulatory crackdown, Reuters reported.Didi has stopped hiring in Britain and will be delaying the launch plans by at least a year, according to the report. The company told staff working on the expansions that they face potential redundancy.China has been cracking down on the company over cybersecurity concerns, citing fear of user data leaving the country, the report stated.In June, the company listed its shares in New York, raising $4.4 billion in its initial public offering IPO . That amounted to the biggest stock sale from a Chinese company since Alibaba listed in 2014, according to the report.Earlier this month, Didi was in talks to potentially give control of its data to a firm that the countrys government owns. The company collects data about car locations, trips and ind <a href=https://www.cups-stanley-cups.us>stanley website</a> ications of when workers in some cities end their shifts, along with what companies have the longest hours.Read more:聽Chinas Didi May Let Government-Owned Firm Manage DataDidi has been talking with Westone Information Industry in order to pacify the regulators in this regard.In July, Didi pushed back against reports that it was thinking about pu <a href=https://www.stanley-cups.ro>stanley romania</a> lling back from going public at all. A published report stated the company might b <a href=https://www.stanley-germany.de>stanley germany</a> e considering that path as a way to appease the regulators currently looking into the company with extra scrutiny a Mpsu Chime s Expanding Banking Services Menu
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