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January 31, 2013 /PRNewswire/ --
Western Union rallies consumers and supporters with the aim to stock libraries in
China's 31 provinces
The Western Union Company (NYSE: WU), a leader in global payment services, today invited the Chinese community globally to join a
Chinese New Year drive. The goal is to gift the China Youth Development Foundation 31 libraries of 1,000 books, enough for each of mainland
China's 31 provinces.
Upholding the Chinese tradition of red envelope gifting of cash during
Chinese New Year, Western Union will make a gift to the China Youth Development Foundation for every transaction sent from one of 21 countries into
China during the promotional period.
The company will also donate for every "like" of its post about the campaign on Facebook and every "reTweet" of its program announcement on Twitter. The program enables consumers to promote education for children in need, just by using or 'liking' Western Union.
The 21 participating countries are
the United States and
North America; the
Central Asia; the
Kingdom of Saudi Arabia and the
United Arab Emirates in the
Asia Pacific; and
"Western Union's analysis shows more gifts are given at
Chinese New Year than during any festive or seasonal holiday around the world. Billions of gifts of cash are exchanged, traditionally crisp new banknotes wrapped in red envelopes and increasingly through remittances with over 40 million Chinese living and working overseas," says
Drina Yue, Managing Director and Senior Vice President, Western Union Asia-Pacific.
"As we reach out to friends and family in
China in the lead-up to
Chinese New Year, just by using Western Union we are creating opportunity and bringing good fortune to young people in the year of the snake and beyond. There is no more valuable gift than the gift of knowledge," she said.
"During the Spring Festival, it's our custom in
China to think not only of a new start but about others. We are delighted that Western Union has created a platform to gather the good wishes of people from all around the world to stimulate the curiosity of young people and help them to prepare for a brighter future." Mr.
Chunlei Yang, Deputy Secretary General of the China Youth Development Foundation said.
Cash remains the gift of choice during
Chinese New Year and represents in Chinese culture close family ties, devotion and respect of elders and good fortune for the future, according to Western Union consumer insights.
The maximum value donated for all transaction and social network activity between
January 28, 2013 and
February 10, 2013 will be
USD50,220, which equates to funding 31 libraries of 1,000 books each. Each qualifying transaction and social media activation will trigger a donation of
Chinese New Year falls on
February 10 this year and will see out the dragon year and welcome the entrance of the snake
This campaign is part of Western Union's Education for Better program, a three-year commitment to advance global education goals.