Investing.com -- Major shareholders of Xiaohongshu, a Chinese social media platform similar to Instagram, are in discussions to sell their shares at a valuation of at least $20 billion, Bloomberg ...

Xiaohongshu has invested in a US$1.2 million pre-seed fundraising round of Shil.me, which plans to build a platform ‘where people can display, share, transact and manage’ NFTs and other Web3 ...

China’s “post-’95 generation”—as Miranda Qu, cofounder of the social commerce app Xiaohongshu, calls the country’s young consumers—are digitally native, educated, and open-minded ...

Xiaohongshu, the social media and lifestyle platform sometimes known as China’s answer to Instagram, apologised for letting bloggers share heavily filtered photos of tourist attractions ...