Xiaohongshu is preparing for an IPO in Hong Kong, with a target valuation of over 70 billion USD
According to The Wall Street Journal, China's lifestyle and video sharing platform Xiaohongshu plans to go public in Hong Kong as early as the end of this year, with major investors seeking to value it at over $70 billion. Previously, the company was valued at over $50 billion in recent private secondary market transactions.
Risk warning Risk warning
Related tags
