Chinese e-Commerce Titan Meituan Announces New Year Digital Yuan Giveaway
The central People’s Bank of China (PBoC)’s digital yuan is set for another adoption drive as the Chinese New Year approaches: The domestic Chinese e-commerce giant Meituan has announced details of another token giveaway...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Lunar New Year, one of the biggest public holidays in China, falls on January 22 this year. And it is usually marked by the giving of cash gifts to family members and junior employees in “lucky” red envelopes....
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