WebNov 8, 2024 · Chinese social e-commerce app Xiaohongshu said it has raised a new round of financing from existing shareholders who increased their stakes in the firm, which a source familiar with the matter said valued the company as much as $20 billion. The source said Xiaohongshu, whose name translates to "little red book" in Chinese, raised $500 … WebAug 9, 2024 · 1. Xiaohongshu was taken off Android app stores in China, as it has been accused of facilitating the sale of unsafe and fake products. 2. It’s hard for Xiaohongshu …
Xiaohongshu invites top brands to share insights into China
WebAug 20, 2024 · To that end, Xiaohongshu unrolled a string of features to help brands promote themselves. The new measures include: Platform commission reduced to from 20% to 5%, identical to the commission charged by Tmall in the fashion and cosmetics industries. If traffic is coming from Xiaohongshu livestream ads, the sales commission decreases … WebNov 11, 2024 · November 11, 2024, 2 ... active users and over 140,000 brands from more than 200 countries and regions around the world being mentioned on Xiaohongshu, of which over 78,000 are Chinese brands ... optus pharmaceutical korea dryeye
Xiaohongshu, Source of Lifestyle Inspiration for Chinese ... - Pandaily
WebDec 30, 2024 · Chinese financial magazine Caijing reported that in 2024, Xiaohongshu’s e-commerce unit missed its annual target of $10 billion yuan in gross merchandise value and didn’t turn a profit. As of the end of the year, data from consulting firm iiMedia iResearch shows that the market share Xiaohongshu seized was 7.3%, compared with NetEase WebXiaohongshu's latest funding round was a Series E for $500M on November 8, 2024. Xiaohongshu's valuation in May 2024 was $3,000M. Xiaohongshu's latest post-money … WebJul 1, 2024 · After raising a $300 million Series D last year at a $3 billion post-money valuation, China-based Xiaohongshu is looking for more money. News broke late last … optus phone coverage map