Festive offering: The number of digital red packets sent via WeChat, owned by Alibaba rival Tencent Holdings Ltd, rose 43% in the Jan 27 and Feb 1.
BEIJING: Users of WeChat sent around 46 billion electronic red packets – digital versions of traditional envelopes stuffed with cash – via the Chinese mobile social platform over the Lunar New Year period, the official Xinhua new agency reported on Saturday.
China has a long tradition of giving red packets during the Lunar New Year, which fell on Jan 28 this year.
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