Ahead of the possible TikTok ban, "TikTok refugees" are flocking to the Chinese social media app Xiaohongshu, or Red Note, with strange and fascinating consequences.
The social media app, Xiaohongshu, is lifestyle based and has features like live-streaming, shopping, and similarly to TikTok, users have the facility to upload short videos, images, and messages.
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-owned TikTok is set to be banned in the United States on Jan. 19, 2025, and another Chinese-owned app is welcoming American "TikTok refugees."
On the heels of TikTok's looming shutdown on January 19 over its ownership in the U.S. (unless the Supreme Court intervenes), it looks like another American users are flocking to a Chinese app called Xiaohongshu as people become less optimistic that TikTok can overturn U.
(Reuters) -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.
People are going to Xiaohongshu a.k.a. RedNote, a Chinese social app, in the midst of TikTok's impending ban. Here's what you should know about it.
Chinese lifestyle sharing platform Xiaohongshu (also referred as RedNote) unexpectedly climbed to the top of the US Apple
As TikTok goes dark in US and suspended app within the country, some US users on Xiaohongshu, or “RedNote,” have been found engaging in exchanges with Chinese users that go beyond sharing cooking and farming tips or swapping cat pictures on the platform.
Now that TikTok has been disabled for US users, these rival apps can help you get your fix of short-form video.
The Chinese app Xiaohongshu has become the most downloaded in the U.S. as TikTok users migrate due to potential bans.