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Headlines last week, starting with a report in the Financial Times, said that Xiaohongshu’s latest funding round attracted a diverse group of investors.
It made $500mn in net profit last year on revenues of $3.7bn, the Financial Times reported previously. By contrast, it made a $200mn loss on revenues of about $2bn in 2022.
TikTok refugees are pouring to Xiaohongshu. Here’s what you need to know about the RedNote app Xiaohongshu’s 300 million monthly active users are overwhelmingly Chinese – so much so that ...
What is RedNote? Launched in 2013, RedNote has become one of China’s fastest-growing social platforms, with a value of over $17 billion, according to the Financial Times. Known as Xiaohongshu ...
The Parisian haute couture house is one of the last major luxury players to open an official account for its fashion business on the platform. Chanel Beauty, meanwhile, has been running a highbrow ...
When the Chinese Stanford student Charlwin Mao was thinking of a name for his start-up in 2013, he settled on Xiaohongshu, which translates to “Little Red Book”. It referenced the colour of ...
Xiaohongshu earned $500 million in profit in 2023, up from a $200 million loss the year before, as brands turned to the now more upmarket platform, the Financial Times reported.
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China’s Xiaohongshu carves out a niche in an increasingly ... - MSNXiaohongshu, the platform also known as Red with 300 million monthly active users, held a two-day summit last Wednesday and Thursday in China's e-commerce hub Hangzhou, the home city of Alibaba ...
Chiu pointed out that Xiaohongshu and Douyin, the Chinese version of TikTok, serve as instruments for the Chinese government in its "united front" propaganda.
About a week before the potential ban, TikTokkers are posting about moving to RedNote, known in China as Xiaohongshu. So many are migrating to the app that it hit No. 1 on Apple's U.S. App Store ...
RedNote, or Xiaohongshu, is valued at over $17 billion, according to the Financial Times. As the clock ticks on the potential TikTok ban right ahead of Donald Trump’s inauguration, existing ...
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