Consumers later found out they were able to buy the same product at nearly half the price by snatching vouchers during L'Oreal Paris' own livestreaming sessions.

消费者后来发现，他们可以在巴黎欧莱雅自己的直播会议上抢夺代金券，以几乎一半的价格购买同一产品。

This year, CCTV joined hands with Kuaishou to create a new way of snatching up virtual red envelopes by watching a video and giving it a thumbs-ups instead of the traditional approach of looking at images and texts.

As the most-watched annual show on Chinese New Year's Eve, the Spring Festival Gala has a new tradition of snatching red envelopes in digital form these years with the rapid development of high technology.

In this year's Spring Festival, audiences can use video interactive technology to snatch red envelopes under the theme of "Thumbs-up for Chinese Year" during not only Chinese New Year's Eve but also the whole period of the Spring Festival celebration.

The interactive activity of snatching red envelopes will last for a month and the public can learn about the rules for the sharing of this year's red envelopes starting from Jan 17 via Kuaishou, the report said.

"Tencent will have a powerful impact in the livestreaming market in the short term, he said, but it is hard to say if other internet giants would utilize the same method to snatch celebrity hosts and rise rapidly.

While cloud services and entertainment are enjoying triple-digit growth, they both incurred losses due to slashed prices and big-ticket purchases to snatch market share from the likes of Amazon.

Consumers increasingly prefer snatching up bargains via livestreaming on e-commerce platforms, with the sales from 29 livestreaming rooms of Taobao Live, Alibaba's livestreaming arm, surpassing 100 million yuan ($13.7 million) during a brief time.

According to Alibaba, consumers increasingly prefer snatching up bargains on livestreams, with the number of viewers on Taobao Live up 600 percent year-on-year in the first hour of the Double Eleven promotion, which kicked off at 8 pm on Oct 31.

Consumers increasingly prefer snatching up bargains via livestreaming on e-commerce platforms, with the number of viewers from Taobao Live, Alibaba's livestreaming arm, up 600 percent year-on-year in the first hour of the promotion.

Now, more and more consumers are increasingly getting used to searching for fresh fruits and vegetables online, quickly placing orders and snatching "red envelopes" to receive discounts.

Executives speak of potential to snatch car market dominance at the China Auto ForumChina's auto industry is experiencing a new phase of high-quality development, particularly in the field of new energy vehicles where it has established a competitive edge, said officials at the 2023 China Auto Forum, which was held from Wednesday to Friday in Shanghai.

Domestic manufacturers have the chance to snatch lead from foreign rivals, say executivesChinese auto executives hope to take the market lead over their foreign rivals as gasoline vehicles are replaced by electric and intelligent ones.

"The number of NEVs sold in 2016 amounted to 52,000, an almost 74-fold increase compared to 678 in 2012, taking up 21 percent of domestic market share and snatching the fourth place globally," he added.