Didi prepares to relaunch apps in China, expects probe to end soon: Report

HONG KONG/BEIJING (Reuters) – Didi Global Inc is preparing to relaunch its ride-hailing and other apps in China by the end of the year in anticipation that Beijing’s investigation into the company will be wrapped up by then, three people directly involved in the relaunch said.

The people, who declined to be identified as the information was private, said they expect Chinese regulators to finalise any penalties on the company in December.

The company has set aside 10 billion yuan ($1.6 billion) for a potential fine, said one of the sources.

In July, the powerful Cyberspace Administration of China (CAC) ordered app stores to remove 25 mobile apps operated by Didi – just days after the ride-hailing giant listed in New York.