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 a possible TikTok ban this week, RedNote (aka Xiaohongshu), a Chinese platform is gaining popularity.
On the heels of TikTok's looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called Xiaohongshu as people become less optimistic that TikTok can overturn U.
China tensions have precipitated a decade-long decline in bilateral people-to-people exchanges. Read more at straitstimes.com.
As a TikTok ban looms, Americans are starting to download RedNote. Here's what you need to know about the app.
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,
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 to “little red book,” RedNote features a layout similar ...
WASHINGTON (AP) — As the fate of TikTok hangs in the balance, U.S. TikTok users are flocking to the Chinese social media app Xiaohongshu, also called RedNote – making it the top downloaded app ...
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.
The billionaire behind Tesla has significant business interests in China and has previously described himself as “kind of pro-China”. He could be at odds with a number of China hawks in the second Trump administration, and may even be labelled a national security risk due to his connections to the second-largest economy in the world.
As young Chinese save instead of spend, a cautious mindset reshapes the economy, leaving experts to question its long-term impact on growth
Meta, Facebook parent's company, has come up with an interesting offer for TikTokers in the United States. It has has unveiled an enticing offer to attract content creators from rival platforms to Facebook and Instagram.