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Didi in talks with state-owned Westone to manage data, placate regulators
- Friday | 6th August, 2021
HONG KONG (Reuters) -Chinese ride-hailing firm Didi Global Inc is in talks with state-owned information security firm Westone to handle its data management and monitoring activities, sources said, as part of its efforts to placate domestic regulators. The powerful Cyberspace Administration of China (CAC) last month launched a data-related cybersecurity investigation into Didi, citing a need to protect national security and the public interest. Didi is in discussions with Westone Information Industry Inc, which would be the main third-party company to manage its massive data stored domestically as per domestic regulators’ guidance, said two people with knowledge of the matter. It stores all this Chinese user and roads data on domestic servers. It would also use its advanced encryption algorithm to prevent potential data breaches at Didi, said the second person.
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