The Chinese government has begun investigating the third generation primary following the ban on its main ridesharing platform, Didi. This is China’s new attempt to crack down on the security of national knowledge, its final front being privacy and cybersecurity.
On Monday, China’s cybersecurity watchdog firm announced investigations into major truck delivery platforms Yunmanman and Huochebang, as well as China’s largest online task publishing site, Boss Zhipin. New users cannot register for the 3 apps and Didi the survey.
Yunmanman and Huochebang merged in 2017 to create Full Truck Alliance (YMM), which went public on June 22 on the New York Stock Exchange and is lately valued at $21 billion. Bos Zhipin’s parent company, Kanzhun (BZ), went public in June. 11 and has a market capitalization of approximately $15 billion.
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Officials said in their announcement to investigate those corporations that cybersecurity reviews are a national security factor under Chinese law, however, Beijing has specified what security and privacy issues have led regulators to oppose those software platforms.
The Cyber Security Review Office said in a statement that the investigations are measures aimed at “preventing dangers to national data security, maintaining national security and protecting the public interest. “
Full Truck Alliance said in a statement that it would actively cooperate with the investigation and conduct a thorough security check on its network.