Chinese tech companies give out millions of dollars in red packets every Lunar New Year. But users have to earn them through a series of complex tasks. This story first appeared in China Report ...

SINGAPORE - Digital red packets ... money this Chinese New Year, with banks here saying more customers are opting for electronic transfers because of convenience and the ability to gift in ...

Every Lunar New Year, it’s a tradition in Chinese and other Southeast Asian societies to gift a red packet or envelope — called hóngbāo in Mandarin — filled with a monetary gift.