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Spring Festival 'Red Packet' Battle Reported to Test Clearing & Settlement Capabilities; TENCENT Claims to Strengthen Cybersecurity Protection System
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The 'red packet' battle in mainland China during the Spring Festival has reignited, according to Beijing Business Today. Recently, TENCENT (00700.HK)'s Yuanbao App launched a RMB1 billion cash red packet, while BIDU-SW (09888.HK) tied its RMB500 million red packets to its Ernie Assistant AI effects and card collection gameplay. BABA-W (09988.HK) introduced a RMB3 billion 'treat plan' through its Qwen App, and ByteDance's Doubao distributed 100,000 tech gifts, up to RMB8,888 LNY cash red packets and others during the Spring Festival Gala. Giants are increasing their gifts, with AI integration and scenario binding becoming new highlights, and the scale of red packet distribution reaching new highs. Regarding payment security, TENCENT said that Tencent Financial Technology continued to apply cutting-edge technology to build a cybersecurity protection system, strengthening the network security protection system and enhancing cybersecurity protection capabilities. Industry insiders believed that, after the red packet battle subsides, clearing and settlement capabilities are becoming a key measure of the core competitiveness of payment institutions. This clearing and settlement battle is essentially a comprehensive contest of technical strength, compliance level and ecosystem coordination capability. AASTOCKS Financial News Website: www.aastocks.com |
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