chinese new year

The Lunar New Year Commerce Explosion Hits China (And Beyond)
The Lunar New Year Commerce Explosion Hits China (And Beyond)
January 24, 2020  |  Commerce

In 2019, Chinese consumers spent $149 billion across the Chinese New Year holiday, according to China’s Ministry of Commerce — a sum widely expected to...

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Red Envelopes, Fortnite And The Rise Of Micro Money Laundering
Red Envelopes, Fortnite And The Rise Of Micro Money Laundering
February 08, 2019  |  Fraud Attack

One of the main differences between a successful criminal and a wanna-be is that the smart one knows how to hide (often in plain sight),...

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Why Retail Wishes Every Year Could Be The Year Of The Dog
Why Retail Wishes Every Year Could Be The Year Of The Dog
February 17, 2018  |  Merchant Innovation

Yesterday marked the beginning of the Chinese New Year, and this year it’s the Year of the Dog. The Chinese zodiac is a bit different from its...

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WeChat Pay Launches Promotion For Chinese Lunar New Year
WeChat Pay Launches Promotion For Chinese Lunar New Year
February 16, 2018  |  EVO Payments International

WeChat Pay, the mobile payment arm of China’s WeChat, is running promotions to celebrate the Chinese Lunar New Year, also referred to as the Spring...

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Red Envelopes, Pokemon And A Whole New Way For Alibaba And Tencent To Compete
Red Envelopes, Pokemon And A Whole New Way For Alibaba And Tencent To Compete
January 30, 2017  |  South East Asia

The Chinese New Year is upon us — and as is their annual custom, Tencent and Alibaba are competing to see which firm can own the hongbao...

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Alibaba Tracker: Big Moves
Alibaba Tracker: Big Moves
January 20, 2017  |  Retail

Alibaba Group Holding Ltd (NYSE: BABA) continues its bumpy ride on the New York Stock Exchange. BABA opened at $96.54 on Thursday morning (Jan. 19)...

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WeChat Rings In Chinese New Year With Bitcoins
WeChat Rings In Chinese New Year With Bitcoins
February 26, 2015  |  International

Bitcoin users in China stuffed the cryptocash into virtual red envelopes to the tune of 10 million yuan ($1.6 million) over the Chinese New Year/Spring...

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China’s Massive Red Envelope Mobile Scheme
China’s Massive Red Envelope Mobile Scheme
February 20, 2015  |  International

While Westerners celebrated the New Year in early January and are now a month and a half in to failing to live up to their...

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