Cyberspace Administration of China

DIDI Alert: Johnson Fistel Continues its DiDi Global Investigation - Investors Suffering Losses Encouraged to Contact the Firm

Retrieved on: 
星期二, 七月 6, 2021
Carsharing, DiDi, Uberisation, Cyberspace Administration of China, National security, Cyberspace, Transport, Companies of China, Service industries

SAN DIEGO, July 06, 2021 (GLOBE NEWSWIRE) -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against DiDi Global Inc. ("DiDi" or the "Company") (NYSE: DIDI) for violations of federal securities laws.

Key Points: 
  • SAN DIEGO, July 06, 2021 (GLOBE NEWSWIRE) -- Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against DiDi Global Inc. ("DiDi" or the "Company") (NYSE: DIDI) for violations of federal securities laws.
  • Then on July 2, 2021, China's cyberspace administration reported it had launched an investigation into Didi to protect national security and public interest.
  • China's Cyberspace Administration also said it had asked Didi to stop new user registrations during its investigation to prevent national data security risks, maintain national security protection and protect the public interest.
  • Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia.

DiDi Announces App Takedown in China

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星期日, 七月 4, 2021
Banking, Consumer electronics, Technology, Professional services, Public transport, Transport, Security, Legal, Internet, Mobile, Wireless, Finance, Ridesharing companies, Carsharing, DiDi, Uberisation, Transport, Service industries, App store, Cyberspace Administration of China, Asia Pulp & Paper, Land transport, DiDi

DiDi Global Inc. (DiDi or the Company) (NYSE: DIDI), the worlds leading mobility technology platform, today announced that according to the announcement posted by the Cyberspace Administration of China (the CAC) on July 4, 2021, the CAC stated that it was reported and confirmed that the "DiDi Chuxing" app had the problem of collecting personal information in violation of relevant PRC laws and regulations.

Key Points: 
  • DiDi Global Inc. (DiDi or the Company) (NYSE: DIDI), the worlds leading mobility technology platform, today announced that according to the announcement posted by the Cyberspace Administration of China (the CAC) on July 4, 2021, the CAC stated that it was reported and confirmed that the "DiDi Chuxing" app had the problem of collecting personal information in violation of relevant PRC laws and regulations.
  • Once the "DiDi Chuxing" app is taken down from app stores in China, the app can no longer be downloaded in China, although existing users who had previously downloaded and installed the app on their phones prior to the takedown may continue using it.
  • The Company expects that the app takedown may have an adverse impact on its revenue in China.
  • Apart from the suspension of new user registration in China that was previously announced on July 2, 2021, and the app takedown in China as announced in this release, DiDi maintains normal operations globally.

Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Baidu, Inc. (BIDU)

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星期三, 四月 29, 2020
Legal, Professional services, Baidu, Science and technology in the People's Republic of China, Bidu, Economy of China, Companies, Cyberspace Administration of China, Class action, Websites

Glancy Prongay & Murray LLP (GPM) reminds investors of the upcoming June 22, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Baidu, Inc. ("Baidu" or the "Company") (NASDAQ: BIDU ) securities between March 16, 2019 and April 7, 2020, inclusive (the Class Period).

Key Points: 
  • Glancy Prongay & Murray LLP (GPM) reminds investors of the upcoming June 22, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Baidu, Inc. ("Baidu" or the "Company") (NASDAQ: BIDU ) securities between March 16, 2019 and April 7, 2020, inclusive (the Class Period).
  • On April 7, 2020, Chinas internet regulator, the Cyberspace Administration of China (CAC), announced that Baidu failed to implement strict content review on its news feed channels.
  • The CAC further stated that Baidu exerted bad influence to the society, and violated relevant Chinese laws and regulations.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Baidu Inc. Investors (BIDU)

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星期五, 四月 24, 2020
Legal, Professional services, Baidu, Science and technology in the People's Republic of China, Economy of China, Companies, Bidu, Cyberspace Administration of China, Securities regulation in the United States

The Law Offices of Frank R. Cruz announces an investigation on behalf of Baidu Inc. (Baidu or the Company) (NASDAQ: BIDU ) investors concerning the Company and its officers possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation on behalf of Baidu Inc. (Baidu or the Company) (NASDAQ: BIDU ) investors concerning the Company and its officers possible violations of federal securities laws.
  • On April 7, 2020, Chinas internet regulator, the Cyberspace Administration of China (CAC), announced that Baidu failed to implement strict content review on its news feed channels.
  • The CAC further stated that Baidu exerted bad influence to the society, and violated relevant Chinese laws and regulations.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Baidu, Inc. (BIDU) on Behalf of Investors

Retrieved on: 
星期四, 四月 23, 2020
Legal, Professional services, Science and technology in the People's Republic of China, Economy of China, Companies, Bidu, Cyberspace Administration of China, Securities regulation in the United States, Baidu

Law Offices of Howard G. Smith announces an investigation on behalf of Baidu, Inc. ("Baidu" or the Company") (NASDAQ: BIDU ) investors concerning the Company and its officers possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith announces an investigation on behalf of Baidu, Inc. ("Baidu" or the Company") (NASDAQ: BIDU ) investors concerning the Company and its officers possible violations of federal securities laws.
  • On April 7, 2020, Chinas internet regulator, the Cyberspace Administration of China (CAC), announced that Baidu failed to implement strict content review on its news feed channels.
  • The CAC further stated that Baidu exerted bad influence to the society, and violated relevant Chinese laws and regulations.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.