© Reuters. FILE PHOTO: The logo of the application of the Chinese giant Didi is reflected in the navigation map shown on a mobile phone in this illustrated image taken on July 1, 2021. REUTERS / Florence Lo / Il Illustration / Photo archive
By Julie Zhu
HONG KONG (Reuters) – Chinese firm Didi Global Inc. is in talks with state-owned information security firm Westone to manage its data management and control activities, sources said, as part of its efforts to appease national regulators.
Sources rejected the name because they were not allowed to speak to the media.
The largest Chinese group that became the target of an investigation by the country’s regulators a few days after raising $ 4.4 billion in an initial public offering in the United States.
The powerful Cyber Administration of China () last month launched an investigation into cybersecurity related to Didi data, citing the need to protect national security and the public interest.
Didi is in talks with Westone Information Industry Inc., which would be the leading third-party company to manage its massively stored data nationally according to guidelines from national regulators, two people with knowledge of the matter said.
Didi, Westone, the CAC, and the Shenzhen State Council Information Office did not immediately respond to Reuters’ request for comment after Friday’s usual Asian time.
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