China ride-hailing giant halts plans to launch in the UK.
Written by crest887fm on August 24, 2021
Chinese ride-hailing giant Didi has halted plans to launch in the UK and continental Europe.
The Uber rival had been planning to roll out services in Western Europe, including major British cities.
Didi is in consultation with the team working on the project on reassigning new roles or potential redundancies.
The move comes as Chinese firms face intense scrutiny by Western nations and Beijing cracks down on data privacy.
In response to questions about the future of its team in the UK Didi said: “We have established an international talent hub in the UK, recognising the exceptional quality of people in the market. Beyond that, any personnel matters remain strictly confidential.”
Didi’s decision comes as Chinese companies face increasingly close attention from authorities in Western countries.
Last year, telecoms giant Huawei was banned from the UK’s 5G infrastructure and faces scrutiny over its security practices from Britain’s National Cyber Security Centre.
Huawei is also one of the Chinese companies hit by tough restrictions in the US.