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Bloomberg reports that the mainland online shopping and social networking platform Xiaohongshu is reportedly suspending its plans to go to the US for an IPO and is currently discussing the IPO plan with consultants.
Xiaohongshu has received investment from Alibaba, Tencent, and Gaolin Capital.
$TENCENT(00700.HK$
$BABA-SW(09988.HK$
Xiaohongshu has received investment from Alibaba, Tencent, and Gaolin Capital.
$TENCENT(00700.HK$
$BABA-SW(09988.HK$
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