If you are already using YouTrip, this is the chance for you to gift someone with an e-Angbao and stand a to win S$8,888 during the Chinese New Year period.
Through gifting an e-Angbao, both sender and receiver will receive a randomized Lucky Dragon each, representing a chance to win cash prizes ranging from S$8 to S$8,888. Users are encouraged to send unlimited e-Angbaos throughout the campaign period to increase their chances of getting the rare Purple Dragon to stand a chance of winning the highest cash prize of S$8,888.
To qualify for YouTrip’s Dragon Hunt, users simply have to share the Lucky Dragon(s) they’ve received on Instagram, tag @youtripsg and #ytcny2024. More information in the official Press Release below.
YouTrip Invites All To Embark On An e-Angbao Virtual DragonHunt This Chinese New Year And Stand A Chance To Win S$8,888!
- YouTrip introduces an interactive dragon-themed virtual hunt with the largest CNY prize pool
- From 5 – 18 February 2024, users can stand a chance to win up to S$8,888 when they gift an e-Angbao and post the randomised Lucky Dragon received on their Instagram
- YouTrip observed increasing traction, with 11x more e-Angbaos distributed last year
SINGAPORE, 5 February 2024 – YouTrip, Singapore’s favourite multi-currency digital wallet, is making this Chinese New Year even more fiery with a new interactive dragon-themed digital hunt. Users who embark on YouTrip’s Dragon Hunt adventure this festive period will stand a chance to win S$8,888 when they gift an e-Angbao.
Through gifting an e-Angbao, both sender and receiver will receive a randomised Lucky Dragon each, representing a chance to win cash prizes ranging from S$8 to S$8,888. Users are encouraged to send unlimited e-Angbaos throughout the campaign period to increase their chances of getting the rare Purple Dragon to stand a chance of winning the highest cash prize of S$8,888.
Caecilia Chu, CEO and Co-Founder of YouTrip, said, “YouTrip is always looking for ways to further engage with our local community as customers are at the heart of our business. Since we first launched the e-Angbao campaign back in 2021, the number of e-Angbaos gifted out annually has increased by 11-fold. We are heartened by the growing demand for our annual Chinese New Year campaign and are excited to roll out our first in-app interactive Dragon Hunt to gift our users a seamless and delightful experience with a twist to the angbao-giving tradition.”
To qualify for YouTrip’s Dragon Hunt, users simply have to share the Lucky Dragon(s) they’ve received on Instagram, tag @youtripsg and #ytcny2024. The S$8,888 rare Purple Dragon winner will be announced by 26 February 2024, and the remaining winners for the other prize tiers will be notified through Instagram by 23 March 2024.
YouTrip Send E-Angbao Growing Alongside the Digital Payments Trend
With more Singaporeans embracing and having a preference for digital payments, YouTrip Send has become increasingly popular among users, especially during the festive seasons as a form of digital gifting.
Over the past few Chinese New Years, YouTrip has also seen a steady increment in the number of users gifting e-Angbaos. Compared to two years ago, the number of senders in 2023 grew by eightfold, with the average total value sent increasing by 130%.
While a large majority of the senders belong to the Generation X and Millennials age range, users above 60 years old constitute 8% of the total number of participants who sent out at least one YouTrip e-Angbao last year. YouTrip’s easy-to-use interface makes the gifting of e-Angbao intuitive and seamless, making it easy for users across generations to utilise the YouTrip Send function.
This shift in preference can also be a attributed to the increasing demand for convenience, giving rise to the adoption of e-Angbaos as it streamlines the New Year preparation by eliminating the hassle of queuing for new bills and packing red packets.
As YouTrip Send also enables users to send money securely and instantly in any of its 10 in-app wallet currencies2, YouTrip observed more than 50% of e-Angbaos gifted in 2023 were in non-SGD currencies, with the top three popular foreign currencies being JPY, EUR and GBP.
These foreign currency e-Angbaos were gifted to family or friends who are residing abroad, or to recipients who may be travelling or planning to travel soon. By enabling users to send in different currencies while leveraging YouTrip’s favourable FX rates, it offers them the flexibility and creativity to gift in a thoughtful and practical manner during the festive season.
For more information, please visit: https://go.you.co/YT-dragon-hunt-cny-f.
YouTrip is a Southeast Asian nancial technology company dedicated to creating the next-generation of digital financial services for consumers and businesses. In 2018, it launched the region’s first and leading multi-currency payment app.
With its consumer and corporate products, YouTrip and YouBiz, the company empowers users with the most affordable and convenient financial innovations. YouTrip is a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS), and owns principal memberships and issuing licences with two of the largest card schemes, MasterCard and Visa. For more information, please visit www.you.co.