Meaning
A round ball that has split open, releasing a shower of colorful confetti and paper strips. Like the party popper, it means celebration, though it feels a little more formal and festive, like a ceremony or grand opening.
It suits grand openings, weddings, anniversaries and festival greetings: “Grand opening this Saturday, everyone is welcome 🎊” Many people use it interchangeably with 🎉, and the two often appear side by side. It is hard to misread, but overloading a post with confetti, balloons and fireworks can make it look like an advertisement.