Tencent-backed Weimob announced on Wednesday that it had reached an in-depth agreement with Chinese lifestyle sharing platform Xiaohongshu.
The lifestyle sharing platform Xiaohongshu responded on Tuesday to media reports that "shopping notes on Xiaohongshu are ghostwritten and shared by others for only a 4 yuan ($0.63) charge."
In response to a large number of its users complaining about over-decorated scenic spot photos shared on the platform, lifestyle sharing platform Xiaohongshu issued a statement on Sunday apologizing to users.
Douyin has recently added a lifestyle sharing function with pictures and text, in addition to its live-streaming and short video sharing, so as to create a broader business ecosystem of live-streaming, short video sharing and photo posts.
On Monday, several media outlets reported that Chinese startup Xiaohongshu is considering a Hong Kong IPO. The company responded that it won't do away with the idea but there is no clear IPO plan for the time being.
Beijing-based social media platform Momo plans to launch an app named Shumei ("raspberry" in Chinese), which will capitalize on young people's sharing and recommending needs.
Multinational ed-tech unicorn Duolingo held a media conference in Beijing on Aug. 28 to celebrate the anniversary of its entry into China.
Despite the presence of highly successful women in the industry, we find the need to specify that a founder is “female” as if it were an exception.
Xiaohongshu's possible Series E, US-based food delivery company seeing a surge in contactless takeaway orders, a Chinese ed-tech startup providing online research counseling, a medical diagnostic company and a major local hotel chain.
The Paper has learned from the team of Xiaohongshu (aka Red) that the app has been re-launched in several Android app stores.
Xiaohongshu, one of the world's largest community e-commerce platforms, has been banned from Google's Play Store.
This recent change will surely impact the well-being and the financial prospects for bloggers on the platform.
CNBC released their list of 2019 Disruptor 50 companies, containing the most influential and innovative companies in various industries, from biotech and machine learning to transportation, retail and agriculture. Two Chinese firms, the ride-hailing giant Didi-Chuxing and Xiaohongshu, ranked among the top ten.