Xiaohongshu, a Chinese social platform often likened to Instagram, is expected to double its profit to more than $1 billion in 2024 ahead of a potential IPO, Bloomberg reported on Thursday. The potential milestone reflects the platform’s renewed focus on profitability over user growth, which has slowed since its peak during the COVID-19 pandemic…
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China’s Instagram-like app Xiaohongshu expected to top $1 billion profit ahead of potential IPO
作者gocpmall
12 月 17, 2024