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Event Brief

Tencent and Baidu Compete for Spring Festival Attention

Tencent and Baidu invest 1.5 billion yuan in AI for Spring Festival red packets.
WHO: Tencent Holdings and Baidu
WHAT: Investing in digital red packet campaigns
WHEN: Jan 26, 2026 at 5:00 AM ET
WHERE: China
WHY: To capture market share in AI and robotics

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