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From Jan. 27 to Feb. 2, red envelopes were and received about 46 billion times by Tencent's popular app WeChat, nearly increased by 43. 4 percent to the number recorded last year.
Traditionally, Chinese people give red envelopes with money, known as "Hongbao," to friends and during the Lunar New Year festival. Making use of the tradition, Internet companies including Tencent, Alibaba, Baidu and Sina Weibo made users to send and snatch (抢)net red envelopes on smartphones.
Tencent's amount showed 516 million people exchanging red envelopes this year. People born after 1990 sent nearly 2. 6 billion red envelopes, the number among all age groups. People in China's Guangdong Province were the most generous givers among all provinces, with Beijing among all cities.