June 23, 2024

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The owner of 99 stopped coming to the UK after Chinese restrictions

Once you have received your application Removed from all stores in China. Didi Global, owner of apps like Uberin 99 and the world’s biggest competitor, has postponed plans to launch in the UK and continental Europe. British newspaper Telegraph It said on Monday (23) that the suspension may be related to a domestic issue about how to manage its customers’ data.

After obtaining licenses to operate in several cities in the UK, the Chinese company announced to the employees it had already hired because Didi had stopped hiring in the country and postponed the release plans for at least 12 months.

A Didi spokesman issued a public statement noting plans to launch in the country, noting that the company would continue Explore new marketsEstablish contacts with interested parties and think about the best time to start their services. More succinctly: “As soon as we get more news about additional new markets, we will gladly share.”

Didi’s seizures

Didi’s logo during its IPO on the New York Stock Exchange (Source: Brendan McDermott / Reuters / Reproduction)Source: Brendan McDermott / Reuters

Didi is going through a turbulent moment in its history, under the pressure of both sides of the world. Aside from the natural American “marking” aside, the company is facing serious cyber security reviews, especially after listing its shares on the New York Stock Exchange. By Chinese authorities, Guarantees secure storage of its users’ data in the “battle” with the country’s major technologies.

Despite all the pressures, Didi remains steadfast in its international business expansion plans. Following the success of its initial public offering (IPO) in the United States in June, the company launched in South Africa, Ecuador and Kazakhstan when it raised US $ 4.4 billion (R $ 23.5 billion). In Brazil, the company has been operating under the 99 brand since 2018.

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