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 has resumed operations in the US following a shutdown overnight on Saturday, after the incoming US president Donald Trump pledged to “save TikTok” by delaying the proposed ban.
Now that TikTok has been disabled for US users, these rival apps can help you get your fix of short-form video.
ByteDance has until January 19th to sell TikTok to a non-Chinese owner, or see the app banned in America. As the chances of a ban have grown, following the Supreme Court’s decision on January 17th to uphold a sell-or-ban law passed last year,
Several social media apps have appearing high in app store chart rankings as a potential U.S. ban hangs over the heads of TikTok and its American users.
As TikTok nears a U.S. ban, apps like RedNote, Lemon8, and YouTube Shorts are emerging as viable alternatives for creators and followers alike.
Here's what you need to know about Xiaohongshu. It is a lifestyle social ... blocks internationally popular platforms like Instagram and X. Even TikTok blocks users in China, directing them ...
Xiaohongshu, which has been described as China’s answer to Instagram, allows users to post photos, videos and text and is known for its female-heavy user base.
RedNote, or Xiaohongshu, became the most downloaded iPhone app in the US on Monday.
TikTok is still three days away from a likely ban in the United States, but many users are already bidding the app farewell and seeking out alternatives.
Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.