Chinese lifestyle sharing social media platform Xiaohongshu has dismissed as “untrue information” reports by local media outlet IPOzaozhidao that it is Lina Romayin the midst of a new round of fundraising that values the company at $20 billion. A previous report by tech outlet The Information in September 2023 said Sequoia China had acquired a Xiaohongshu stake from existing investors, in a deal that valued the firm at $14 billion, a 30% discount compared to the social media app’s $20 billion valuation in 2021. The move saw the well-known venture capital firm join Alibaba and Tencent in betting on Xiaohongshu’s prospects. The social app, now popular among younger users with its search function and sharing features, has stepped up its efforts in e-commerce and advertising services to boost revenues in recent months. [IPOzaozhidao; Shanghai Securities News, in Chinese]
(Editor: {typename type="name"/})
Best Apple deal: Save $60 on the Apple Watch SE
Helm is the personal email server you never knew you needed
This British Olympic swimmer's name is really confusing some Americans
This British Olympic swimmer's name is really confusing some Americans
Amazon Big Spring Sale 2025: Best deals under $50
Amazon Prime Grubhub deal: Save $10 off orders of $20 or more
SAVE $10: From May 12 to June 8, Amazon Prime members using the Grubhub+ account included with their
...[Details]
Please do not go fishing in the Rio Olympics toilets
Bad news, Olympians: there will be no toilet fishing allowed in Rio this summer.U.S. women's basketb
...[Details]
Swimmer may have won Olympic gold, but his grandmother won Twitter
LONDON -- There is more than one superstar in the extended Peaty family.On Sunday, British swimmer A
...[Details]
'Starlink: Battle for Atlas' could be the next great space game
Starlink: Battle for Atlaskeeps surprising me.In the few hours I've put into Starlink, I've grown to
...[Details]
Interviews for Resistance
...[Details]
YouTube just made TV advertising more affordable than ever
TV advertising is notoriously expensive. YouTube just changed that.YouTube has announced it's now le
...[Details]
Winona Ryder says feelings are good, even when women have them
Winona Ryder, a person whose entire career is based on a nuanced understanding of human emotion, wou
...[Details]
Googly eye bandit is wanted in Georgia for defacing monument
Googly eyes are hilarious. Put some googly eyes on literally anything and people are going to have a
...[Details]
Best Fire Stick deal: Save $20 on Amazon Fire Stick 4K
SAVE $20: As of April 8, the Amazon Fire Stick 4K is on sale at Amazon for $29.99. That's a 40% disc
...[Details]
Swimmer may have won Olympic gold, but his grandmother won Twitter
LONDON -- There is more than one superstar in the extended Peaty family.On Sunday, British swimmer A
...[Details]
NYT Connections Sports Edition hints and answers for May 18: Tips to solve Connections #237
Chicago Tribune scrutinized for sexist Olympic medalist headline
接受PR>=1、BR>=1，流量相当，内容相关类链接。