Xiaohongshu says reports of new funding based on $20 billion valuation are “untrue”

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Chinese lifestyle sharing social media platform Xiaohongshu has dismissed as “untrue information” reports by local media outlet IPOzaozhidao that it is in the midst of a new round of fundraising that values the company at $20 billion. A previous report by tech outlet The Information in September 2023 said Sequoia China had acquired a Xiaohongshu[…[…
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作者 gocpmall