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Didi US Delisting

Didi’s US delisting is also a sign of the impact of the new personal data laws in China, as Beijing aims to keep information on individuals’ locations and movements from falling into what it sees as the wrong hands. Last year, China introduced two new pieces of security and privacy legislation – the Data Security Law and the Personal Information Protection Law . The Data Security Law classifies data collected and stored in China based on its potential impact on Chinese national security and regulates its storage and transfer. The PIPL regulates the protection of personal information. It is modelled on the European Union’s General Data Protection Regulation (GDPR), which is a set of legal guidelines for the collection and processing of personal information from individuals. What can we learn from Didi delisting ?

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