Xiaohongshu’s valuation surged to $26 billion in recent market transactions via a major fund, an unusually fast ascent that ...

The social media platform has garnered traction among investors following the Chinese government’s pledge to support private ...

Xiaohongshu, the Instagram-style app that took off among younger Chinese during the pandemic, is on track to double profits to more than $1 billion in 2024 ahead of a potential IPO. Xiaohongshu ...

The Parisian fashion house is one of the last major luxury players to join, while its beauty arm has been running its own ...

One source, who declined to be named because the matter is private, told the Post that Xiaohongshu's profits are mainly driven by advertising revenue, but its e-commerce segment still struggles to ...

Perhaps even more striking is Xiaohongshu’s recent pivot to profitability. According to investor documents cited by multiple media outlets, the company earned a net profit of $500 million last year.

Xiaohongshu originally launched back in 2013 ... According to a report from Bloomberg, the app is projected to increase its profits to over $1 billion in 2024 (it hit $1 billion quarterly sales ...

RedNote, which is known in China as Xiaohongshu, the Mandarin term for ... at $17 billion following a secondary share sale, and its profits are projected to exceed $1 billion, according to ...

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Xiaohongshu originally launched back in 2013 ... According to a report from Bloomberg, the app is projected to increase its profits to over $1 billion in 2024 (it hit $1 billion quarterly sales ...