SHANGHAI: More than 820 million electronic “red packets” were sent over China’s Lunar New Year holiday, leading social media platform WeChat said, as the centuries-old practice of exchanging monetary gifts increasingly goes digital.
WeChat, which is owned by Chinese internet giant Tencent, said the tally was reached over a six-day span during last week’s national holiday, and marked a 7% rise over the same period in 2018.
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