Tencent and Alibaba-backed ‘Little Red Book’ seeks US$6 billion valuation

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Chinese social commerce platform Xiaohongshu said to be in talks to raise about US$400 million to US$500 million in new funds

Published: 3:36pm, 10 Jan, 2020

Updated: 7:02pm, 16 Feb, 2020

A screenshot of Xiaohongshu app advertisement. Photo: Handout

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