this post was submitted on 26 Jan 2026
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Chinese tech giants Tencent and Baidu join fight for Spring Festival spotlight (www.scmp.com)
submitted 3 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital
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China’s Spring Festival has emerged as a high-stakes arena for artificial intelligence and robotics companies, with tech giants Tencent Holdings and Baidu committing a combined 1.5 billion yuan (US$215 million) to their digital red packet campaigns. Chinese social media and gaming giant Tencent announced on Sunday that its AI chatbot app Yuanbao would give away 1 billion yuan in hong bao – the traditional red envelopes containing cash gifts. Users could win up to 10,000 yuan through lucky draws...

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