Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B (Bloomberg)

Bloomberg: Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B  —  - Existing VC backers are in talks to unload some of their stock  — Xiaohongshu on track to regain 2021 peak as TikTok ban looms

Jan 16, 2025 - 14:00
Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B (Bloomberg)

Bloomberg:
Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B  —  - Existing VC backers are in talks to unload some of their stock  — Xiaohongshu on track to regain 2021 peak as TikTok ban looms