BEIJING (Reuters) – China’s transportation giant Didi Global Inc stores all of China’s road and user data on servers in the country, and it is “absolutely impossible” for the company to pass data to the United States, a senior executive said on Saturday. of the company.
Didi VP Li Min also said the company would sue any social media user who said Didi transferred data during its recent initial public offering (IPO) process after claims were made on the Weibo platform (NASDAQ: ) similar to China’s Twitter.
China’s cyberspace agency announced on Friday that it had launched an investigation into Didi to protect national security and the public interest, just two days after the company went public on the New York Stock Exchange. News of the investigation by the China Cyberspace Administration () cut shares in Beijing-based Didi by 5% on Friday.
“Like many overseas-listed Chinese companies, Didi stores all domestic user data on servers in China, it is absolutely not possible to pass data to the United States,” Li said in a post on Weibo.
The cyber agency did not provide details about its investigation on Friday, but said it would avoid security-related risks, citing China’s national security law and cybersecurity law.
Didi said on Friday that it planned to conduct a comprehensive cybersecurity risk review and would fully cooperate with the relevant government authority. He also said that apart from the suspension of new user registrations in China, it was functioning normally.
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