Will's Blog: Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B (Bloomberg)

16 January 2025

Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B (Bloomberg)

Bloomberg:
Sources: the biggest shareholders of viral app Xiaohongshu, or RedNote, are in talks to sell part of their holdings at a valuation of at least $20B — - Existing VC backers are in talks to unload some of their stock — Xiaohongshu on track to regain 2021 peak as TikTok ban looms

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