The Business Times
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Xiaohongshu

Companies & Markets

Xiaohongshu targets end of June for confidential Hong Kong IPO: sources

Alibaba shares fell as much as 5.9 per cent on Thursday (Jun 11) morning in Hong Kong, the biggest intraday decline in nearly three months.
Consumer & Healthcare

Alibaba, JD.com shares slide after Beijing slams price-cut promotions

Three of the most successful Chinese firms – Temu, Shein and TikTok – have tried to distance themselves from their roots. None has succeeded, the writer notes.
Opinion & Features
THE BOTTOM LINE

Why firms are pivoting from ‘China-shedding’ to ‘China-maxxing’

Xiaohongshu - known in the US as RedNote - emerged this year as a viable competitor to TikTok, which faces threats of a ban in the US.
Telcos, Media & Tech

Instagram-style Xiaohongshu hits US$31 billion value in GSR books

Xiaohongshu’s model, called dots.llm1, is available for download on developer platform Hugging Face.
Telcos, Media & Tech

Xiaohongshu joins wave of Chinese firms releasing open-source AI models

The broadening of the strategic partnership between Alibaba and Xiaohongshu comes as China’s e-commerce giants vie for market share on multiple fronts.
Telcos, Media & Tech

Alibaba, Xiaohongshu in tie-up as China e-commerce competition intensifies

Australian politicians are using social media including Xiaohongshu, a Chinese lifestyle app also called RedNote, and other campaign strategies to appeal to Chinese communities who will again be a crucial bloc in the upcoming election.
International

In a tight Australian election, a Chinese app could make a difference

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