(Reuters) -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.
As a TikTok ban looms, Americans are starting to download RedNote. Here's what you need to know about the app.
RedNote has become one of China’s fastest-growing social platforms, with a value of over $17 billion, as per the Financial Times.
Ahead of a possible TikTok ban this week, RedNote (aka Xiaohongshu), a Chinese platform is gaining popularity.
The Shanghai-owned social media platform Xiaohongshu, or RedNote in English, experienced a spike in downloads as some TikTok users are downloading the app as a U.S. ban on the latter looms. Until late December 2024,
IN THE days leading up to a proposed US government ban on the social media platform TikTok, American users have turned to another Chinese-owned app, Xiaohongshu. The United States passed a law last year forcing the popular video platform’s owner ...
RedNote, another Chinese social media app, is seeing a lot of new users as the TikTok ban looms. Here's why it could be a replacement for TikTok.
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, which translates ...