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Social e-commerce app Xiaohongshu mulls Hong Kong IPO: report · TechNode


Chinese social e-commerce startup Xiaohongshu, also known as Little Red Book, is mulling a Hong Kong IPO as soon as this year, Bloomberg reported on Monday. The listing could raise between $500 million to $1 billion. Xiaohongshu responded to local media that they have no clear IPO plan yet. The company suspended its US IPO plan this July after Beijing tightened reviews on overseas IPOs. [Bloomberg]



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Written by Aakash Malu

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