China’s Xiaohongshu is Turning a Giant as a Female-Focused Platform

Xiaohongshu, the popular social commerce platform in China, is eyeing an IPO in the US as soon as this year and has recently hired Citigroup’s former Hong Kong–based Managing Director as Chief Financial Officer, as part of the preparation for the listing. The sources said the IPO could bring Xiaohongshu’s valuation at more than USD 10 billion, much more than its latest private valuation of USD 6 billion.

Blog, TrendGuest User6 May 2021comms8, chinesesocialmedia, sheeconomy, womenpower, chinesemarketing, femalefocusedplatform, chinamarket, xiaohungshu, littleredbookComment