· 4d · on MSN
Xiaohongshu (RedNote), China’s answer to Instagram, hits No. 1 on the App Store as TikTok faces US shutdown
· 6h
TikTok refugees are pouring to Xiaohongshu. Here’s what you need to know about the RedNote app
Red hot: key facts about Xiaohongshu, the Chinese app taking the US by storm
Red hot: key facts about Xiaohongshu, the Chinese app taking the US by storm In the days leading up to a proposed US government ban on the social media platform TikTok, American users have turned to another Chinese-owned app,
Al Jazeera on MSN2d
TikTok users in US flock to ‘China’s Instagram’, RedNote, ahead of banXiaohongshu, 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.
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.
Chinese and American netizens are drawing closer despite the US bid to shield Americans from Chinese influence. Read more at straitstimes.com.
4don MSN
Chinese social apps Xiaohongshu and Lemon8 have soared to the top two spots on Apple's iPhone charts ahead of the U.S.'s impending TikTok ban.
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.
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.
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