Xiaohongshu’s new funding: Return to old times or end of a chapter?
The social e-commerce company, whose name means ‘Little Red Book,’ scored a relative rarity by attracting Western big-name DST in its latest funding round Key Takeaways: Xiaohongshu was valued at…
Weibo pins hope on Olympics to boost its advertising revenue
The veteran Chinese social media platform been losing market share to video-based competitors such as Douyin, Kuaishou and Xiaohongshu Key Takeaways: Weibo’s first-quarter revenue fell 4%, hit by declining income…
Mass Layoffs at ‘China’s Instagram’: Tough Times or Primping for IPO?
Xiaohongshu confirms cutting 9% of its staff amid similar layoffs at other big internet companies. But some suspect the move may be aimed at improving its financials for an IPO…
Xiaohongshu’s Soaring Valuation: a Final Tango Before Listing?
A new funding for the company sometimes called ‘China’s Instagram’ has valued it at $20 billion Key takeaways: Xiaohongshu has completed a new funding round that has doubled its value…
Xiaobai Maimai Eyes Cancer Treatment as E-Commerce Pivot Sputters
Former P2P lender’s stock soared up to tenfold after announcement of latest shift, but later gave up much of the gains Key Takeaways: Xiaobai Maimai, the former P2P lender known…
Baozun Aims to Ease Its Alibaba Addiction With New Growth Plan
Company aims to triple revenue and boost operating profit sixfold in next three to five years Key Takeaways Baozun’s new three- to five-year “profitable growth” strategy is designed to respond…
