In China, a “red envelope war” has broken out Online. With the Chinese New Year here, mobile companies are vying with each other to get a pie of the Online gift market. For instance, Alipay, the e-payment service backed by Alibaba Group Holding Ltd, on Sunday launched a service to help companies give gift envelops on WeChat. This is seen as a counter to Tencent. We bring you reports from China on what’s happening on this front.
We bring you reports from China on what’s happening on this front.
http://news.google.com Feb 16, 2015
AliPay’s New Features Betray Intense Fear of WeChat – Beijing Today
http://news.google.com Feb 1, 2015
Red envelope fight flares among Internet giants – ecns
http://news.google.com Feb 13, 2015
In subways, offices or restaurants, smartphone users are opening electronic red envelopes on social media platforms such as WeChat and Weibo or with e-payment tools such as Alipay Wallet. “How much . …
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