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China Blocks Ride-Hailing Giant Didi From App Stores

Jul.04 — China has ordered app stores to remove Didi Chuxing, citing serious violations on the ride-hailing company’s collection and usage of personal information. Tom Mackenzie reports on “Bloomberg Daybreak: Australia.”

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Jul.04 — China has ordered app stores to remove Didi Chuxing, citing serious violations on the ride-hailing company’s collection and usage of personal information. Tom Mackenzie reports on “Bloomberg Daybreak: Australia.”

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53 Comments

53 Comments

  1. Render unto Caesar What Is Caesar’s

    July 5, 2021 at 8:44 am

    And here’s why Xi doesn’t play any games.. i imagine china watched what happened in Hiroshima and Nagasaki and said never in china.. never will white people do that do us.. we should have a better relationship with other countries but some people never forget what you did way back in the day.. just can’t erase Asians being the only people who have a nuke dropped on them twice.. Xi’s comments a few days ago.. 1.6 billion people wall of steel he’s saying
    “ if you come over here ur in trouble”
    I dont blame him and i dont blame his people.. America would have done the same if not worst we probably would still be at war if someone dropped on a nuke on us. Let alone banning apps

    • LOLOL LOLOL

      July 5, 2021 at 10:02 am

      Japan had no nukes when they got nuked. It’s different with China in 2021. They have ICBMs and hypersonics so if they get nuked then the US will also get nuked.

    • Render unto Caesar What Is Caesar’s

      July 5, 2021 at 10:05 am

      @LOLOL LOLOL yea thats pretty much what i said

    • Bloomberg Technology. Youtube

      July 5, 2021 at 10:28 am

      Thank -You-All_for–your–feedback–for–more–guidance…
      W==H==A==T==S==A==P==P
      [+][1][7][3][2][7][2][3][7][3][6][6]…

    • BestIntentions

      July 5, 2021 at 2:47 pm

      Communist junta protects only itself and not the people. That’s why it killed thousands of students on tianamen square

    • River Li

      July 5, 2021 at 3:47 pm

      @BestIntentions Capitalism doesnt give you a brain, it feeds you McDonalds and put you in poverty, yet tell you lies about China so you can still have some self-esteem. Enjoy your pathetic life.

  2. obsidianstatue

    July 5, 2021 at 9:12 am

    Didi is suspected of treasonous charges, sharing critical data directly with the FBI.
    Hence such a drastic and sudden move.

    • Kimbo Lui

      July 5, 2021 at 12:34 pm

      and when USA does that china screams bullying

    • S John

      July 5, 2021 at 2:45 pm

      @Kimbo Lui It’s a chinese company after all.

    • FreeCloudFish

      July 5, 2021 at 4:22 pm

      China is just triad

  3. TukkyHD

    July 5, 2021 at 9:12 am

    welp, big dip coming.

  4. Vipin Venugopal

    July 5, 2021 at 9:14 am

    Communism at it’s best.

    • Trini Trang

      July 5, 2021 at 9:15 am

      Stfu!

    • BestIntentions

      July 5, 2021 at 2:52 pm

      That’s all they can do steal and enslave the poor populace

    • De Za

      July 5, 2021 at 3:57 pm

      Enslave and poor. Jack ma remember

  5. Trini Trang

    July 5, 2021 at 9:17 am

    All that said and this channel with Whytube censored my comments! What a joke on freedom of speech!

  6. Trini Trang

    July 5, 2021 at 9:17 am

    Censorship channel

  7. impianotespaul

    July 5, 2021 at 9:24 am

    China wanting privacy for their citizens? Come on….

  8. jack zhou

    July 5, 2021 at 9:27 am

    Didi has a lot of data about Chinese people and China Road. Since Didi is listed in the US, this means that these Chinese big data will be shared with US shareholders. No one knows the connection between these US shareholders and the US government. In fact, Didi should choose to list in Shanghai or Shenzhen and Hong Kong instead of the United States. Therefore, the Chinese government quickly passed national security laws and regulations against Didi. Data protection law. policy.Of course, if the US Tesla is listed in China, I think the Chinese government will be happy to accept it.Because these Chinese data of Didi belong to all Chinese people in China, not any private company, if these big data companies are to be listed abroad, then the Chinese government has the right to freeze any data business of these data companies in China.To ensure that Chinese data will not leak out

    • Bloomberg Technology. Youtube

      July 5, 2021 at 10:25 am

      Thanks–for–your–feedback–for–more–guidance…
      W==H==A==T==S==A==P==P
      [+][1][7][3][2][7][2][3][7][3][6][6]…

    • BestIntentions

      July 5, 2021 at 2:49 pm

      Didi sees concentration camps coming for them why they try to exit via us stock market

  9. Wouter Baeyens

    July 5, 2021 at 9:33 am

    Doing it right after IPO on Friday because of regulation that’s been in place for over a year smells of trying to rip off investors. At least the timing is highly suspicious.

    • Marc Jackson

      July 6, 2021 at 9:12 am

      Didi was informed by regulators before IPO, it’s a good idea to fact check first before showing your a muppet.

    • Wouter Baeyens

      July 6, 2021 at 11:02 am

      @Marc Jackson But were investors properly informed? The stock price on IPO certainly didn’t reflect the enormity of the problem.
      -17% today in premarket suggests investors were caught off-guard

    • Marc Jackson

      July 6, 2021 at 3:30 pm

      @Wouter Baeyens Stock market reactions are non rational at best of times.

    • Wouter Baeyens

      July 6, 2021 at 3:42 pm

      ​@Marc Jackson This is no crypto. The drop was 100% predictable, and why I called the events suspicious. 21% down already in 1 day on one of the biggest IPO’s ever.

    • Marc Jackson

      July 6, 2021 at 6:56 pm

      @Wouter Baeyens Nothing to do with Crypto, what made you think it was??? This was about selling data to foreign powers, data privacy issues. It’s well known within the biz community in China.

  10. Jeffrey Yu

    July 5, 2021 at 11:10 am

    Why China is acting on Didi? Here are some hints: 1.Didi as the dominating travelling app in China, holding a massive Chinese people and Chinese streets’ first-hand data, decided to make itself subject to US regulations, which require businesses listed in the US stock market to share sensitive data with the US government. 2.The current tension between the two countries. 3. A vice present of Didi, Adrian Perica, was a previous US Army intelligent information officer.

    • Angie at Work

      July 5, 2021 at 1:10 pm

      additonally Didi was backed by Families Jiang and Zeng, rivals of Xi, and they are seen as corrupt sellouts to the western capitalists.

    • BestIntentions

      July 5, 2021 at 2:42 pm

      You want sweet sweet liquid dollars you gotta pay the piper in data

    • BestIntentions

      July 5, 2021 at 2:44 pm

      @Angie at Work communist party is illegal junta, that’s why they are striking out so brashly because they have no moral ground to stand on, bunch of bandit crooks

    • Casper Vandondard

      July 5, 2021 at 3:13 pm

      @BestIntentions communist party is a much better and much competent leader than any democracies in asia and increasingly the west too

  11. x V

    July 5, 2021 at 12:24 pm

    Adrian Perica, independent director of DIDI , a former intellegent officer of US Army. isn’t that interesting?

  12. Angie at Work

    July 5, 2021 at 1:09 pm

    the big data which Didi collects, not only personal, but also national road situation, institutional working habbits, etc. are of chinese national security. We can understand the Chinese government’s desire to take it down, as well as the Chinese people’s support “believe in government, believe in the party.” Data collected should not belong solely to the capitalists.

    • BestIntentions

      July 5, 2021 at 2:46 pm

      Communist junta bandits have no moral ground to stand on why they engage in hostage diplomacy, wholesale theft of technologies

  13. Entao Lu

    July 5, 2021 at 2:47 pm

    #$!!$!American virus/American flu
    Coronavirus originated in the United States. Two virus leaks occurred at the U.S. Virus Laboratory in
    Fort Detrick, Maryland, U.S. in 2019.On October 18, 2019, the 7th Military World Games was held in Wuhan china. American soldiers brought the coronavirus to Wuhan. the United States virus infected the world.Americans are trying to hide the truth
    The flu comes from the U.S., Covid-19 come from the United States.

  14. BestIntentions

    July 5, 2021 at 2:55 pm

    CCP biggest thief in the world, they forced to recall all Tesla cars until further notice . Expect confiscation of Tesla China soon

  15. lancelot _sin

    July 5, 2021 at 3:06 pm

    This is selective enforcement of regulation from China especially on these private companies: alibaba, didi. It never happened on their own CCP’s SOE.

    • Matthew TIKI

      July 6, 2021 at 2:25 am

      This is because Didi is trying to sell the China’s customer data to the USA for IPO, furthermore CCP slams on all internet company not only alibaba

    • Miguel Angel Sam Lee

      July 6, 2021 at 2:39 am

      @Matthew TIKI yeap thats true,

    • lancelot _sin

      July 6, 2021 at 3:32 am

      @Matthew TIKI If not mistaken, China officially claims that suspected violation of collecting user privacy by Didi . Thus, its app removed. ( NOT violation of selling data). Besides, there’s no actual evidence proof tat data leaked to USA~

      I’m thinking this is just a frame-up against Didi by China. CCP is unhappy & an IPO without their permission.

    • LUCKY LUCKY

      July 6, 2021 at 10:28 am

      @lancelot _sin “not happy” is not a good excuse, you should point out what China can get from that. If not, that means what you said was illogical.

    • jack zhou

      July 6, 2021 at 2:47 pm

      You have said that it is a state-owned enterprise. A state-owned enterprise means the common property of the entire country and the people, and a private enterprise is an individual. Therefore, state-owned enterprises will not sell their own country’s interests to other countries. Especially betrayed to the United States.

  16. Da Zhou

    July 5, 2021 at 3:15 pm

    It may not be a bad thing that some country in this world are not ruled by the Wall Street or Silicon Valley

    • River Li

      July 5, 2021 at 4:16 pm

      They cannot grasp it, Marx saw it centuries ago. What Marx could never have imagines is that peasants are enslaved by yet defending for big capitals, they hate on China because that’s the only source of self-esteem for those pathetic souls. The art of ruling at its finest.

  17. brackpersian

    July 5, 2021 at 3:56 pm

    I’m looking at a 40% Premarket sell off. Lol

  18. River Li

    July 5, 2021 at 4:27 pm

    Here is a suggestion, sell on Tuesday PM and never look back. Yes it might rebound, it might resolve the issue, but you don’t want to take the risk. We are PEOPLE’s republic of China, not Republic of Corporations & Too Big to Fail. Didi is under investigation for transferring privacy to foreign countries, something that Trump repeatedly accused HuaWei and Tiktok of doing yet couldn’t produce any evidence. Now it does make sense, they accuse China of what they know and what they did. Massacre of Native American, Concentration camps of Japanese people, surveillance exposed by snowden, they accuse China of what they have been doing, because those are the only things they know well. If DIDI is found to indeed transferring sensitive data to foreign entities, it doesn’t matter Goldman Sachs and Softbank are your investor, it doesn’t matter if you have $60B valuation, you will have no place in China.

  19. Dave Da

    July 5, 2021 at 5:52 pm

    look into this guy Adrian Perica, he’s Didi’s contracted Management, this guy is deeply involved with the US military
    USA doing it’s shady practice once again

  20. TikTak Ti

    July 6, 2021 at 2:12 am

    ANT, BABA, TSLA, BTC, metals and now DiDi. I’ll never invest in any chinese stocks. no way it can be audited and when things go south, there’s nothing to run after. again, what china does is, kill investment tools that do not benefit the communist party. there’s no way chinese companies can be audited like US companies. so NO, NO to chinese companies!

  21. Wasequr Rashid

    July 6, 2021 at 6:31 am

    In one sentence, Didi made 4B$ by doing the IPO, but it’s share holders are now got screwed.

  22. Chow Wing

    July 6, 2021 at 9:19 am

    why all the fuss ? once it has been regulated then is gonna be much safer to use the Didi App. buy the Dip

  23. Danielle Lauren

    July 6, 2021 at 11:00 am

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    !💖🖤❤️#今後は気をライブ配信の再編ありがとうです!#この日のライブ配信は、#かならりやばかったですね!#1万人を超える人が見ていたも
    ん(#笑)#やっぱり人参最高!#まさかのカメラ切り忘れでやら1かしたのもドキドキでした
    #今後は気をライブ配信の再編ありがとうです!
    #この日のライブ配信は、
    #かならりやばかったですね!
    #1万人を超える人が見ていたもん( #笑)
    #やっぱり人参最高!
    #まさかのカメラ切り忘れでやら1かしたのもドキドキでした #垃圾

  24. GrimX

    July 7, 2021 at 5:34 pm

    Man, China’s 50cent army is working over time. Gotta make them Ramen money somehow

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