A scene from CCTV's annual New Year Gala, in this file photo. The glitzy, festive live broadcast this year featured a gam0e where viewers could use their smartphones to grab virtual red money envelopes. Photo: China Foto Press

Alibaba, Tencent spark battle for virtual red envelopes during ‘China’s Super Bowl’

Topic |   Alibaba

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A scene from CCTV's annual New Year Gala, in this file photo. The glitzy, festive live broadcast this year featured a gam0e where viewers could use their smartphones to grab virtual red money envelopes. Photo: China Foto Press
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