Didi confirms China app removal, sees revenue hit

Didi Global confirmed Monday (July 12) that Chinese regulators have told app stores to remove its products.

That will see the ride hailing company's 25 apps taken down.

The Cyberspace Administration of China said last week that it would remove the Didi offerings, as part of a crackdown on the company.

Now the firm says the CAC has ordered it to strictly comply with the move, and to rectify problems with the security of users' information.

Didi says the loss of the apps could now impact its revenue in the region.

It all comes just days after a $4.4 billion listing on the New York Stock exchange.

Didi shares there have plunged following news of the Chinese crackdown.

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