China Economic Review
Charting China’s changing economic terrain · Since 1990

China’s digital yuan gains access to Alibaba’s 1 billion-person user base

May 11, 2021

Alibaba’s online grocery service and food delivery units are included in China’s digital yuan pilot program, giving the sovereign electronic currency system access to the internet giant’s 1 billion users, reported Caixin.

Users of Alipay, Alibaba’s mobile and online payment platform, can find a “digital yuan” option in their payment options. Now users can make payments using digital yuan in Alibaba’s ele.me food delivery system, Tmall supermarket, and Hema grocery stores.

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