The Internet Information Office of the Communist Party of China (CPC) “censored” DDT, saying that the app has serious illegal and irregular collection and use of personal information, and notified the application store to take it down. Taiwan media quoted the online media “financial straight phase” today (5) directly pointed out that “DDT” was investigated and taken down, suspected because of the two generations of national leaders “Xi” and “Jiang The “DDT” is suspected to be the result of the intense infighting between the two generations of leaders, Xi and Jiang.
According to a new head shell report today, the Xi-Jiang fight! “DDT” has been censored and taken off the market because of the “Jiang faction” princelings of its shareholders. According to the report, the Chinese online taxi service app “Didi Chuxing” (Didi Chuxing), which was just listed on the New York Stock Exchange, was “censored” by the Communist Party’s Internet Information Office on the 4th, saying that The Chinese media “Caijing Zhixiang” today (5) directly pointed out that “Didi Chuxing” was investigated and taken off the shelves, which is suspected to be due to the fact that “Xi”, the leader of the two generations of the country, is the only one who has the right to be a member of the Chinese government. The report said that the “DDT” was taken offline because of the intense infighting between the two generations of leaders, Xi and Jiang.
The report said that a few days ago, the Chinese Communist Party “seven hundred years party celebration”, Xi Jinping on stage to give a speech, the former national leader Hu Jintao attended, but Jiang Zemin was absent not to participate, is it health factors? The former leader Hu Jintao attended the event, but Jiang Zemin was absent. But some analysts believe that Xi Jinping is quite wary of Jiang Zemin’s family expanding their power through investment; even directly pointed out that there is Jiang’s money behind “DDT”, which was suddenly purged after listing, releasing the signal of another fierce infighting between Xi and Jiang.
According to the report, since its establishment 9 years ago, DDT has raised 21 times, with a cumulative financing amount of more than 22.6 billion U.S. dollars. 20 times of financing and two mergers later, the shareholding structure has become very complex, with shareholders including Softbank, Uber, Tencent, Alibaba, GSR Ventures, High Tide Capital, Sequoia Capital and other investment institutions, as well as Apple, Toyota and Tencent. The shareholders include Softbank, Uber, Tencent, Alibaba, GSR Ventures, Sequoia Capital and other investment institutions, and Apple, Toyota, Tencent, Alibaba, Ant Group and other institutions and enterprises. The Chinese official believes that the purpose of the listing of “DDT” is to collect money and launder it, so the Xi team, which is now in power, is “taking action” to suppress the company in the name of censorship.
The report said that the “Drip” was taken off the market, but also pulled out the “Ant” listing aborted insider, pointed out that Jiang Zemin’s grandson Jiang Zhicheng founded the Boyu capital, in a roundabout way, through the private equity fund “Beijing Beijing management “Li Botan, the son-in-law of Jia Qinglin, a former member of the Standing Committee of the Chinese Communist Party’s Political Bureau, also holds shares in Ant through Beijing Zhaodu Investment, which he controls. Beijing authorities have found that behind the layers of opaque investment vehicles that hold stakes in Ant Group is a coterie of well-connected CCP powerbrokers, some of whom would pose a “potential challenge” to Xi Jinping.
According to the report, “Caijing Zhixiang” said the investigation of “DDT” was essentially the result of a struggle at the top of the Communist Party; it was not expected to go public and bring huge benefits to the Communist Party’s “princeling party” investors.
Earlier reports said that the CPC (7/1) held a celebration of the party’s centennial, and the celebration was held in Beijing’s Tiananmen Square on the morning of 7.1. In addition to the current Politburo Standing Committee, including CPC General Secretary Xi Jinping and Chinese Premier Li Keqiang, former leaders such as Hu Jintao also attended the celebration, but Jiang Zemin did not show up.
Recent Comments