China Tech Newsletter – Dec. 16, 2015

Transportation network company Didi has updated its rewards program into a virtual currency system.

Previously users could only redeem their reward points for merchandize. Now the Di Bi (“Di Coin”) can also be used to pay for rides. (via Sina Tech)


Padmasree Warrior, former chief technology and strategy officer at Cisco System, joins NextEV, a Chinese electric vehicle startup, as its US CEO. — The Wall Street Journal


Xi defends China’s Great Firewall in push for ‘Cybersovereignty’ — Bloomberg

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