China's Didi Global said domestic regulators would allow the ride-hailing giant to resume new user registration effective from Monday, a move signaling its one year and a half-long regulatory-driven revamp is ending.
Didi has been awaiting approval to resume new user registrations and downloads of its 25 banned apps in China as a key step to return to normal business since its regulatory troubles started in mid-2021.Didi to resume new user registrations and downloads of its apps in China as soon as this week.
"Our company has carefully cooperated with the country's cybersecurity review, seriously dealt with the security problems found in the review and carried out comprehensive rectifications for more than one year," it said in a statement on Monday. Didi would also take effective measures to ensure platform safety and data security, and safeguard national cyberspace security, it added in the statement.
The latest move comes as Chinese policymakers are seeking to restore private sector confidence and counting on the technology industry to help spur economic activity that has been ravaged by the COVID-19 pandemic. Didi will need its ride-hailing and other apps to be back on domestic app stores to win new users, though the statement did not specifically mention it.
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