Today, Tencent revealed intriguing data from its Yuanbao initiative, which involved the distribution of a whopping 1 billion red envelopes. Spanning from February 1st to the 17th, the main event venue witnessed an impressive 3.6 billion attempts to snag these digital treats. Notably, 49% of the enthusiastic users who managed to grab red envelopes hailed from third-tier, fourth-tier, and even lower-tier cities, showcasing the widespread appeal of this festive tradition.

Moreover, the spirit of sharing was alive and well, as over 34 million individuals eagerly opened red envelopes passed along by friends. In total, these red envelopes were claimed a remarkable 210 million times, with more than 21 million shared envelopes being fully claimed by eager recipients. Additionally, the interactive greeting red envelopes proved to be a hit, being unlocked over 64 million times, further adding to the festive cheer.