{"id":"a55f67cd-a33d-4e5a-8093-54d2f23183bf","slug":"didi-cac-cybersecurity-fine-2022","kind":"regulatory_action","headline":"China's Cyberspace Administration fines Didi 8.026 billion yuan ($1.2B) for cybersecurity violations","summary":"Following a year-long cybersecurity investigation triggered by Didi's controversial US IPO, the Cyberspace Administration of China (CAC) fined the company 8.026 billion yuan (approximately $1.2B USD) for violations of cybersecurity laws. CEO Cheng Wei and President Jean Liu were each fined $150,000 personally. Didi's apps had been removed from app stores since July 2021.","occurredAt":"2022-07-21T00:00:00.000Z","reviewStatus":"unreviewed","modelId":null,"deploymentId":null,"companyId":"bdd0a48a-cf1f-4d2c-abe3-cce3e3ae662a","aliases":[],"collisionRisk":"none","reviewNote":null,"severity":"critical","rootCauseCategory":null,"rootCauseDetail":null,"affectedUnitsCount":null,"affectedUnitsBasis":null,"remediationStatus":null,"regulatoryAction":null,"regulatoryBody":null,"propertyDamageEstimateUsd":null,"damageEstimateBasis":null,"bodilyInjurySeverity":null,"fatalityCount":null,"lossCostClass":null,"sourceQualityTier":null,"oshaRecordable":null,"oshaCaseNumber":null,"rootCauseDisclosed":null,"publicDisclosureDate":null,"insuranceClaimPublic":null,"formFactor":null,"latitude":null,"longitude":null,"autonomyClass":null,"legalOutcomeClass":"unknown","createdAt":"2026-07-25T05:07:52.378Z","updatedAt":"2026-07-25T05:07:52.378Z","model":null,"deployment":null,"company":{"id":"bdd0a48a-cf1f-4d2c-abe3-cce3e3ae662a","name":"Didi Chuxing","slug":"didi-chuxing","description":"[Didi Chuxing](/companies/didi-chuxing) is China's largest ride-hailing and mobility technology platform, headquartered in Beijing. Founded in 2012 by Cheng Wei, it operates taxi-hailing, private car, ridesharing, food delivery, and bike-sharing services across China, Latin America, Asia-Pacific, and Africa. Its autonomous driving division develops L4 robotaxi technology and has partnered with [Volvo Cars](/companies/volvo-cars) and GAC Group to build mass-production-ready self-driving vehicle platforms, while the company sold its EV development project (codenamed Mona) to [XPeng](/companies/xpeng) in 2023.","status":"public (NYSE-delisted; OTC: DIDIY)","founded":2012,"hq":"Beijing, China","fundingTotal":null,"type":"both","reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://en.wikipedia.org/wiki/DiDi","label":"DiDi — Wikipedia","title":"DiDi — Wikipedia","sourceName":"Wikipedia"},{"url":"https://therecord.media/chinas-ride-hailing-giant-didi-chuxing-to-delist-from-nyse-sell-shares-in-hong-kong","title":"Didi to delist from NYSE","sourceName":"The Record"}],"keyFacts":[{"label":"CEO","value":"Cheng Wei"},{"label":"President (stepped down May 2024)","value":"Jean Liu — now Permanent Partner & CPO"},{"label":"CTO & CEO of Autonomous Driving","value":"Zhang Bo"},{"label":"Largest shareholders","value":"SoftBank (21.5%), Uber (12.8%), Tencent (6.8%)"},{"label":"IPO","value":"June 30, 2021 on NYSE, raised $4.4B at ~$70B valuation; delisted June 2022, now OTC (DIDIY)"},{"label":"Revenue","value":"US$21.6B (FY2020)"},{"label":"Cybersecurity fine","value":"8.026B yuan (~$1.2B USD) by CAC, July 2022"},{"label":"AV unit total funding","value":"$1.1B+"}],"aliases":["DiDi","DiDi Global","DiDi Global Inc.","Didi Dache","Xiaoju Kuaizhi","滴滴出行"],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":"DIDIY","stockExchange":"OTC","secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-06-25T18:39:55.131Z","updatedAt":"2026-07-25T05:04:08.253Z"},"derived":{"status":"active"},"sources":[{"id":"2fa50278-6a0f-4965-8286-78f7b9b1287d","incidentId":"a55f67cd-a33d-4e5a-8093-54d2f23183bf","url":"https://en.wikipedia.org/wiki/DiDi","label":"Wikipedia","publishedAt":null,"notes":null,"title":null,"sourceName":"Wikipedia","mediaType":"article","videoId":null,"channel":null,"durationSec":null,"timestampSec":null,"createdAt":"2026-07-25T05:07:52.378Z","updatedAt":"2026-07-25T05:07:52.378Z"}],"responses":[],"statusEvents":[{"id":"2b44cb18-0a86-4037-976e-593ab45e565a","incidentId":"a55f67cd-a33d-4e5a-8093-54d2f23183bf","status":"active","reason":null,"source":"agent:recon","effectiveAt":"2026-07-25T05:07:53.634Z","createdAt":"2026-07-25T05:07:53.634Z"}],"jsonLd":{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://registry.deploy.report/incidents/didi-cac-cybersecurity-fine-2022","url":"https://registry.deploy.report/incidents/didi-cac-cybersecurity-fine-2022","headline":"China's Cyberspace Administration fines Didi 8.026 billion yuan ($1.2B) for cybersecurity violations","description":"Following a year-long cybersecurity investigation triggered by Didi's controversial US IPO, the Cyberspace Administration of China (CAC) fined the company 8.026 billion yuan (approximately $1.2B USD) for violations of cybersecurity laws. CEO Cheng Wei and President Jean Liu were each fined $150,000 personally. Didi's apps had been removed from app stores since July 2021.","identifier":"a55f67cd-a33d-4e5a-8093-54d2f23183bf","datePublished":"2022-07-21T00:00:00.000Z","articleSection":"regulatory action","publisher":{"@id":"https://deploy.report/#organization"},"author":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"unreviewed","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":1,"primary_source_types":["knowledge-base"]}}}