Xiaohongshu’s biggest shareholders are in talks to sell shares in the Chinese Instagram-like service at a valuation of at least $20 billion, drawing interest from Tencent Holdings Ltd. and other big names as a potential TikTok US ban approaches.

TikTok, owned by ByteDance, must sell the app by Jan. 19. Otherwise, it will be illegal to distribute it through the Apple App Store and Google Play Store. Internet service providers will also be required to make the app inaccessible to U.

The Shanghai-owned social media platform Xiaohongshu, or RedNote in English, experienced a spike in downloads as some TikTok users are downloading the app as a U.S. ban on the latter looms. Until late December 2024,

Ahead of a possible TikTok ban this week, RedNote (aka Xiaohongshu), a Chinese platform is gaining popularity.

WASHINGTON (AP) — As the fate of TikTok hangs in the balance, U.S. TikTok users are flocking to the Chinese social media app Xiaohongshu, also called RedNote – making it the top downloaded app ...

China tensions have precipitated a decade-long decline in bilateral people-to-people exchanges. Read more at straitstimes.com.

As a TikTok ban looms, Americans are starting to download RedNote. Here's what you need to know about the app.

WASHINGTON (AP) — As the fate of TikTok hangs in the balance, U.S. TikTok users are flocking to the Chinese social media app Xiaohongshu, also called RedNote – making it the top downloaded app ...

As the threat of a TikTok ban looms, some U.S. TikTok users are flocking to Chinese social media app Xiaohongshu – making it the top downloaded app in the U.S.

Launched in 2013, RedNote has become one of China’s fastest-growing social platforms, with a value of over $17 billion, according to the Financial Times. Known as Xiaohongshu, which translates ...

The social video platform's future remains in doubt, as players scramble to profit from the chaos. Plus: Big oil gets bigger, DOGE downsizes, and tariffs!

“We must pass the torch to the young,” said Marek Dunin-Wasowicz, who was in the Polish resistance, and survived the death marches at 15 to testify 75 years later in the trial of the SS guard Bruno Dey, one of the last of its kind.