Traditional Red Envelopes Are Going Digital Thanks To China’s Largest Internet Companies

#HTE

 Getting a fat hongbao, or red envelope, stuffed with crisp new notes is one of the hallmarks of Chinese New Year, which starts today and runs for two weeks. As China’s tech companies build their financial services, they want to convince people that hongbao exchanges can be just as fun when performed through a smartphone. Read More
http://techcrunch.com/2016/02/08/smartphone-hongbao/?ncid=rss