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A red envelope, red packet, hongbao or ang pau ( traditional Chinese: 紅包; simplified Chinese: 红包; pinyin: hóngbāo; Pe̍h-ōe-jī: âng-pau) is a gift of money given during holidays or for special occasions such as weddings, graduations, and birthdays. [ 1]
WeChat red envelope. WeChat red envelope (or WeChat red packet) is a mobile application developed by the Chinese technology company Tencent. The concept, also offered by its market competitors Alibaba and Baidu, is based on the Chinese tradition of hongbao (red envelope, or red packet), where money is given to family and friends as a gift.
WeChat Pay's main competitor in China and the market leader in online payments is Alibaba Group's Alipay. Alibaba company founder Jack Ma considered the red envelope feature to be a "Pearl Harbor moment", as it began to erode Alipay's historic dominance in the online payments industry in China, especially in peer-to-peer money transfer. The ...
Yang also notes that Chinese culture views saving money as honorable. Children given red envelopes with money on New Year’s or birthdays are encouraged to save much of it. The culture views ...
Weixin Pay's main competitor in China and the market leader in online payments is Alibaba Group's Alipay. Alibaba company founder Jack Ma considered Weixin's red envelope feature to be a "Pearl Harbor moment", as it began to erode Alipay's historic dominance in the online payments industry in China, especially in peer-to-peer money transfer ...
Joss paper. Joss paper, also known as incense papers, are papercrafts or sheets of paper made into burnt offerings common in Chinese ancestral worship (such as the veneration of the deceased family members and relatives on holidays and special occasions). Worship of deities in Chinese folk religion also uses a similar type of joss paper.
Chinese burial money ( traditional Chinese: 瘞錢; simplified Chinese: 瘗钱; pinyin: yì qián) a.k.a. dark coins (traditional Chinese: 冥錢; simplified Chinese: 冥钱; pinyin: míng qián) [1] [2] are Chinese imitations of currency that are placed in the grave of a person that is to be buried. The practice dates to the Shang dynasty when ...
Old Chinese Currency used in 1920–23. This currency was also used in Hunza state.. The use of shell money is attested to in the Chinese writing system.The traditional characters for 'goods' (貨), 'buy/sell' (買/賣), and 'monger' (販), in addition to various other words relating to 'exchange', all contain the radical 貝, which is the pictograph for shell (simplified to 贝).
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