Cheng Wei (Will Cheng) on Crisis Response

Didi conducted an NYSE IPO on June 30, 2021; days later, Chinese regulators (the Cyberspace Administration of China) opened a cybersecurity investigation citing data-security and privacy concerns, and Didi's apps were subsequently removed from domestic app stores.

In July 2022 the Cyberspace Administration of China imposed an 8.026 billion yuan (approximately $1.2 billion) fine on Didi Global for data violations, ending the year-long probe; senior executives Cheng Wei and Jean Liu Qing were each personally fined 1 million yuan.

Didi stated on Weibo that it fully accepted the regulator's decision and would rectify its wrongdoings.

Didi delisted from the NYSE in June 2022 and, per Wikipedia, was permitted to resume new user registrations in China in early 2023 following regulatory review.