How old is Wang Le?
28
What is WeChat?
a moblie messaging system
How many people use it?
400 million
Who runs it?
Tencent
Where are they located?
China
They are China's largest what?
internet service system
What color envelopes are money given in?
red
Is this a Japanese tradition?
no
What then?
it is a Chinese tradtion
When are these gifts given?
lunar new year
What companies are making money off of this tradition?
Alibaba and Tencent
Red symbolizes what?
success
What payment system is run by Alibaba?
Alipay
How many users does it allow to send gifts?
190 million
What is Alibaba's music app?
Xiami
What did WeChat do to it?
blocked it
Was this a long time ago?
no
What does Alipay control 82.6 percent of?
the Chinese mobile phone payment market
What percent does Tenpay account for?
10
What company is Tenpay associated with?
Tencent