On January 25th, Tencent Yuanbao made an announcement revealing that on February 1st, it will kick off its New Year festivities. Users can simply open the Yuanbao App to partake in the distribution of a staggering 1 billion yuan in cash red envelopes, with the lucky few having the chance to win up to a maximum of 10,000 yuan each. Moreover, those who make early reservations will be rewarded with 10 opportunities to take part in a lucky draw.
