Xiaohongshu news and trends

Alibaba-Backed Chinese Social Media Startup Seeks $6B Valuation

January 10, 2020
Chinese Social Media Startup, Backed By Tencent, Seeks Funds At $6B Valuation
China’s ‘Little Red Book’ Seeks $200M Investment
Investments // April 27, 2018

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....

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Alibaba-Backed Chinese Social Media Startup Seeks $6B Valuation

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, […]