As it seeks to speed up its eCommerce expansion, China’s Xiaohongshu or “Little Red Book” is seeking new funding. According to people familiar with the matter, Xiaohongshu wants to raise at least $200 million at a valuation of over $2.5 billion, Business of Fashion reported....
January 10, 2020
Chinese eCommerce and social media startup Xiaohongshu, also known as “Little Red Book,” wants to raise funds at a $6 billion valuation, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]