Xiaohongshu’s biggest shareholders are in talks to sell shares in the Chinese Instagram-like service at a valuation of at least $20 billion, drawing interest from Tencent Holdings Ltd. and other big names as a potential TikTok US ban approaches.
Ahead of the possible TikTok ban, "TikTok refugees" are flocking to the Chinese social media app Xiaohongshu, or Red Note, with strange and fascinating consequences.
Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.
People are going to Xiaohongshu a.k.a. RedNote, a Chinese social app, in the midst of TikTok's impending ban. Here's what you should know about it.
As the threat of a TikTok ban looms, some U.S. TikTok users are flocking to Chinese social media app Xiaohongshu – making it the top downloaded app in the U.S.
Chinese and American netizens are drawing closer despite the US bid to shield Americans from Chinese influence. Read more at straitstimes.com.
The US Supreme Court is due to rule on Protecting Americans from Foreign Adversary Controlled Applications Act that stipulates TikTok must be divested from its Chinese parent company ByteDance by Sunday or face a ban in the US on the pretext of "national security" concerns.
Bloggers and tourists in Hong Kong have resorted to the use of the Chinese app Xiaohongshu, known in English as Rednote. Kent Wong, a 46-year-old Hong Kong influencer, has amassed over 170,000 followers on Xiaohongshu.
A rare wave of U.S.-China camaraderie broke out online in recent days as “refugees” from the popular short video platform TikTok poured onto a Chinese social media platform to protest a now-delayed ban on the service.
Originally launched in Shanghai as a shopping platform for women, Xiaohongshu has grown to become one of China’s most popular short-video apps, with more than 300 million users as of July 2024.
As Supreme Court justices ponder the future of TikTok in the United States, a growing number of American social media users have responded by moving to an unlikely alternative: Xiaohongshu ...