Red packet rumble: will Tencent’s cash giveaway work again in crowded AI market?
- Posted on February 2, 2026
- By South China Morning Post
- 3 Views
Red packet rumble: will Tencent’s cash giveaway work again in crowded AI market?
Analysts say strong competition from ByteDance, DeepSeek, Ant Group and Alibaba may prevent Tencent’s Yuanbao from repeating WeChat glory.
