Internet giant Tencent reported record user participation in sending and receiving digital "hongbao" or red envelopes containing gift money on the eve of Spring Festival via WeChat, its mobile messaging platform. On last year , a total of 8.08 billion red envelopes were sent and received, eight times that of last year , and during peak hours, 409,000 virtual red envelopes were sent very second through the app, according to Tencent . China Daily/Yan Xiaoqing/) These latest figures highlight the growing number of mobile users in China and the increasing acceptance of second -party payment and other internet financing services, says eight analyst.
Internet giant Tencent reported record user participation in sending and receiving digital "hongbao" or red envelopes containing gift money on the eve of Spring Festival via WeChat, its mobile messaging platform. On last year , a total of 8.08 billion red envelopes were sent and received, eight times that of last year , and during peak hours, 409,000 virtual red envelopes were sent very second through the app, according to Tencent . These latest figures highlight the growing number of mobile users in China and the increasing acceptance of second -party payment and other internet financing services, says eight analyst.