WeChat red packet senders total 768m over Chinese New Year

WeChat, the most popular messaging app in China, has become an inextricable tool for Chinese people when celebrating the country's traditional new year festival.
Written by Cyrus Lee, Contributor

As many as 768 million people used WeChat to send out digital red packets -- monetary gifts commonly known as hongbao -- to celebrate the Lunar New Year in China this year, Tencent said in a report on Wednesday.

The 768 million senders through the platform accounted for about 78 percent of the total 980 million monthly active users of WeChat, and 55 percent of the entire 1.4 billion population in China.

The number of people using WeChat to send digital hongbao over the recorded period of February 15 to 20 also increased by 10 percent from last year, according to Tencent.

The Tencent data also indicates that a male user from Chongqing, China sent out 2,723 digital red packets to his friends in five days of the festival, while another male user from Jiangxi province received 3,439 digital hongbao during the festival this year.

WeChat added that it had launched a series of promotions with different merchants for the annual holiday, and offers a cross-border payment solution on WeChat Pay that lets Chinese tourists use their red packets while overseas during the period.

WeChat Pay also allows Chinese tourists to make the payments in Chinese yuan when overseas, while the merchants receive the payment in their local currency.

Instead of making phone calls or visit friends, WeChat has also become a popular option for sending new year greetings, with a total of 230 billion WeChat messages recorded in the holiday period starting Lunar New Year's eve.

WeChat users also spent 17.5 billion minutes using the messaging tool's free video and audio chat functions to communicate with their friends during the six days, said Tencent.


<="" p="" rel="follow">

    <="" p="" rel="follow"> <="" p="" rel="follow">
<="" p="" rel="follow">

<="" p="" rel="follow"> <="" p="" rel="follow">WeChat allows users to link overseas credit cards

Tencent's latest relaxation will benefit those in mainland China that don't have credit cards issued by local banks.

JD.com raises $2.5 billion by selling stake in logistics unit

China's second-largest online retailer expects to expand its business reach to more overseas destinations after GMV tops 1 trillion yuan ($158 billion).

Toyota's e-Palette and 5 reasons why it could reinvent commerce

Qualcomm's system-on-a-chip will power Internet of Things devices that use Naver and Line's Clova AI platform.

JD.com expands into fresh food supermarkets in Beijing

JD.com, one of the two major ecommerce platforms in China, followed the steps of its rival Alibaba and launched its first offline high-tech supermarket in Beijing last week.

Walmart testing fully-automated store with no cashiers or checkouts(TechRepublic)

Computer vision will aid the initiative, dubbed Project Kepler, which is similar to the Amazon Go concept in Seattle.

Editorial standards