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Alibaba Winning Red Envelope War; Lucky Money Campaign Draws More Than $650 Million
Wednesday, February 25, 2015 - 1:53pm | 175Alibaba Group Holding Ltd’s (NYSE: BABA) e-payment system, Alipay, informs that more than 100 million people sent gift money via mobile apps during the Chinese Lunar New Year holiday. In the context of Alibaba’s Lucky Money campaign, Alipay processed more than 4 billion yuan ($652...