{"id":2105,"date":"2021-07-09T13:40:47","date_gmt":"2021-07-09T11:40:47","guid":{"rendered":"http:\/\/costops.com\/index.php\/2021\/07\/09\/didi-the-latest-casualty-as-china-tackles-techs-barbaric-growth\/"},"modified":"2021-07-09T13:40:47","modified_gmt":"2021-07-09T11:40:47","slug":"didi-the-latest-casualty-as-china-tackles-techs-barbaric-growth","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2021\/07\/09\/didi-the-latest-casualty-as-china-tackles-techs-barbaric-growth\/","title":{"rendered":"Didi the latest casualty as China tackles tech\u2019s \u2018barbaric growth\u2019"},"content":{"rendered":"<p>Analysis: multiple state agencies have been drafting rules to regulate China\u2019s booming, anarchic tech sector<\/p>\n<p>China\u2019s biggest ride-hailing company, Didi, is the latest casualty of Beijing\u2019s effort to rein in upstart tech companies that had been left to their own devices in the absence of proper regulation.<\/p>\n<p>The Cyberspace Administration of China\u2019s ban on Didi listing its app on mobile app stores in China, only days after the company floated on the New York stock exchange, prompted a <a href=\"https:\/\/www.theguardian.com\/business\/2021\/jul\/06\/shares-of-chinese-ride-hailing-app-didi-crash-after-beijing-crackdown\">sharp selloff<\/a> of Didi\u2019s shares. The debacle has angered investors after it was reported that Chinese authorities had for months cautioned Didi against rushing into a US listing owing to data security concerns.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2021\/jul\/09\/didi-the-latest-casualty-as-china-tackles-techs-barbaric-growth\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/34ccae3233e138d825f271a78689cfe217beb35a\/0_167_3500_2100\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=6a552a8c05265c8489badf9a25fbd307\" title=\"Didi the latest casualty as China tackles tech\u2019s \u2018barbaric growth\u2019\" \/>Analysis: multiple state agencies have been drafting rules to regulate China\u2019s booming, anarchic tech sector<br \/>\nChina\u2019s biggest ride-hailing company, Didi, is the latest casualty of Beijing\u2019s effort to rein in upstart tech companies that had been left to their own devices in the absence of proper regulation.<br \/>\nThe Cyberspace Administration of China\u2019s ban on Didi listing its app on mobile app stores in China, only days after the company floated on the New York stock exchange, prompted a sharp selloff of Didi\u2019s shares. The debacle has angered investors after it was reported that Chinese authorities had for months cautioned Didi against rushing into a US listing owing to data security concerns. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysis: multiple state agencies have been drafting rules to regulate China\u2019s booming, anarchic tech sector China\u2019s biggest ride-hailing company, Didi, is the latest casualty of Beijing\u2019s effort to rein in upstart tech companies that had been left to their own devices in the absence of proper regulation. The Cyberspace Administration of China\u2019s ban on Didi &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2021\/07\/09\/didi-the-latest-casualty-as-china-tackles-techs-barbaric-growth\/\"> <span class=\"screen-reader-text\">Didi the latest casualty as China tackles tech\u2019s \u2018barbaric growth\u2019<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":2106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/2105"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=2105"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/2105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/2106"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=2105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=2105"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=2105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}