The Business Times

Xiaohongshu

Telcos, Media & Tech

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

XIAOHONGSHU’S valuation surged 19 per cent to US$31 billion in just three months during recent transactions via a major fund, underscoring the intense investor demand for a Chinese-equivalent to Insta...

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

Open sourcing allows Chinese companies to demonstrate their technological capabilities, build developer communities and spread influence globally

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

The move essentially formalises an app-to-app shopping connection between 2 companies

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

[SYDNEY] When the Labor Party’s Jerome Laxale won the Sydney seat of Bennelong from the Liberals at the 2022 election, votes from Chinese Australians angry about then-prime minister Scott Morrison’s s...

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