News Snapshot:
Three Chinese internet giants, including ride-hailing giant DiDi, are reportedly participating in the country's second city-wide test for digital Renminbi – known as DC/EP. Three Chinese internet giants, including ride-hailing giant DiDi, are reportedly participating in the country's second city-wide test for digital yuan. According to the local media CLS report , Chinese ride-hailing giant DiDi, Tencent-backed food delivery app Meituan and video streaming platform Bilibili are also supporting the $3 million digital yuan test in the city of Suzhou. The report revealed that the lottery-winners in Suzhou could spend their free digital yuan on DiDi’s ride-hailing service or Meituan’s...
