Tencent's (HKG:0700) WeChat added a gift-giving feature to its e-commerce platform in the days leading to Christmas, the South China Morning Post reported Friday.
Gifts on the embedded e-commerce applet are priced at 10,000 yuan or below. They do not include jewelry and tutoring sessions, the report said.
The receiver must accept the gift and write a postal address for the gift to be sent within 24 hours or the order would be canceled and refunded to the sender, the report said.
WeChat users could only send a single gift to one friend on the app per order, according to the SCMP.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
