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.

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.

With a TikTok ban set to go into effect in the U.S. on Sunday, social media users in the U.S. are migrating to Xiaohongshu, also known as ‘REDnote.’

Chinese lifestyle sharing platform Xiaohongshu (also referred as RedNote) unexpectedly climbed to the top of the US Apple

RedNote (Xiaohongshu) is a relatively new social media platform designed to cater to users seeking a more intimate and engaging experience compared to mainstream networks like TikTok. Launched in response to increasing concerns about privacy,

The app that Americans are flocking to as a TikTok alternative is Xiaohongshu, or RedNote, which translates to “Little Red Book.” This name carries significant historical weight, as it alludes to Mao Zedong’s Little Red Book, a mandatory collection of his quotes and philosophies that symbolized the Cultural Revolution in China.

Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Gao Yuan recounts the rise of Xiaohongshu,

Chinese-made social media apps Xiaohongshu and Lemon8 have soared to the top two spots on Apple’s iPhone download charts in the U.S., as users look for alternatives to TikTok ahead of an imminent ban stateside.

App gives ultimatum it would ‘go dark’ for 170 million American users on Sunday - TikTok said the Biden administration must give the likes of Google and Apple reassurances that they won’t be punished,

The Supreme Court upheld the ruling to ban TikTok, and if the owners don’t sell by Sunday, Americans won’t be able to access it. But with TikTok potentially leaving another app from China may be stepping into its place.

Shanghai-based Xiaohongshu, or RedNote as it is known in English, is a Chinese social media platform growing in popularity as an alternative to TikTok, but with the same security risks.