SINGAPORE—China is concluding yearlong probes into ride-hailing giant Didi Global and two other U.S.-listed tech companies, preparing to lift a ban on adding new users, people familiar with the discussion said, in the latest sign that Beijing wants to spur economic activity, including from its beleaguered tech giants.

Chinese regulators plan as well to allow the mobile apps of Didi back on domestic app stores, the people said. The apps were removed last July when Chinese authorities opened a data-security probe into Didi, citing national-security reasons. The lifting of the new user ban and app restorations could both happen as early as this week, the people said.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Brits reveal deep FEAR over internet history for very ‘naughty’ reason

MILLIONS of Brits would be embarrassed if others saw their internet search…

Fungi devour flies from the inside, carving holes in their still-living victim’s abdomen

Scientists in Denmark have uncovered two new species of deadly fungi that…

Nintendo fans rush to grab amazing 80+ rated games landing on Switch completely free

WHILE gamers can take advantage of a lot of amazing sales currently…

Egofit Walker Pro Review: Walking From Home

If your TikTok FYP is anything like mine, you’ve been seeing a…