Why does Didi have to be delisted from the United States?
On June 30, 2021, Didi was listed on the New York Stock Exchange. On July 4, the National Cyberspace Administration released a document announcing the removal of Didi Travel APP! Only available for 5 days. Didi was taken off the shelf. On December 3rd, Didi Chuxing announced the start of delisting on the New York Stock Exchange and preparations for listing in Hong Kong. Previously, we mentioned that Didi secretly went public in the United States to cash in on capital and compradors. Now that the raw rice is cooked and the compradors have not made any money, they can at least exit. So why does Didi have to delist from the United States and close the difficult exit channel?
Next, let's analyze. According to official data from Didi, there are currently 550 million registered users and daily completed orders have exceeded 30 million. Think about it, what kind of activity and stickiness is this? China has 1.4 billion people, excluding elderly people, children, and farmers who do not take taxis. Didi has actually achieved full coverage of China's main population group, with almost every one of us in Didi's hands. They have comprehensively collected our personal information, such as extracting our location information, which is equivalent to tracking our whereabouts at any time; He has our phone number and access to the storage space of our phone; There is also real name authentication, which means we are transparent in front of the ride hailing software.
The amount of information here is huge. It knows where leaders go for meetings, and it also knows where people open houses. It can record your whereabouts decades ago. Government workers and even intelligence personnel, as long as they have a mobile phone and use Didi, their whereabouts will be known on the platform. If it's going to secret joint locations and security agencies, Didi can extract Chinese intelligence personnel from big data and share them with the CIA in the United States. Leaders may not use it now, but social elites cannot, and leaders' families cannot avoid using it. In reality, the behavior of your core social personnel has been outlined by big data. Moreover, in the coming decades, you may become a representative of the National People's Congress and a national decision-maker, and your whereabouts can be analyzed by them using big data. Our rulers do not have this information, but capital makes it a hundred times clearer than ourselves. Do you think our rulers can sleep as a result? Once there is a disturbance, how much instability will it cause to our political situation? Will we relinquish this power?
The online platform has information about 30 million drivers, and they can control your traffic. It has information about 550 million people, and it can control all the social elites and various groups of people. Will society still be stable? If it were a tool for color revolution, it would be even more terrifying! Imagine it being able to track our police, arrange for rioters to avoid our government control, mobilize tens of thousands of vehicles, etc. It is a force that can resist the regime, equivalent to an army.
Looking back, in Europe, where there is no digital sovereignty at all, there is actually no internet giant enterprise in such a large Europe. Without digital sovereignty, Russia is still struggling with various threats and impacts from Western public opinion. This fully demonstrates the importance of digital sovereignty.
Didi, an internet platform that involves national strategic security, is even more unlikely to be listed in the United States. Because listing in the United States requires submitting data to the United States, it is inevitable for Didi to delist in the United States. In the future, state-owned assets will dominate Didi and then relist in Hong Kong, which is likely the direction of Didi's future development.
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