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Chinese social media platform Xiaohongshu, also known as Rednote, is emerging as a transformative force in social commerce.
The social media platform has garnered traction among investors following the Chinese government’s pledge to support private firms.
TikTok bans #SkinnyTok after backlash over eating disorder content, as France and EU regulators push back against toxic body image trends online.
Chinese shoppers benefit from diversified supply chains, decreasing dependence on US goods while finding better quality and prices in local markets.
Bolttech, a Singapore-headquartered insurtech firm, has closed its Series C round at USD 147 million, adding Sumitomo Corporation and Iberis Capital to its investor base while reaffirming a USD 2.1 ...
As of the end of March, RedNote (Xiaohongshu)'s valuation spiked to USD26 billion, accounting for 91% of GSR Ventures' fund ...
Xiaohongshu’s valuation surged to $26 billion in recent market transactions via a major fund, an unusually fast ascent that ...