Cheng Wei (Will Cheng) on Regulatory Environment

Cheng Wei's Didi will work with regulators, peers, and stakeholder groups. Cheng Wei, founder and CEO .

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.

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.