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RedNote's Valuation Surges 19% to US$31B in 3 Mths: Report
It is reported that Chinese social media platform RedNote (Xiaohongshu)'s valuation further rose to US$31 billion, equivalent to approx. $241.8 billion, representing a total in...
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RedNote's Valuation Surges 19% to US$31B in 3 Mths: Report
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It is reported that Chinese social media platform RedNote (Xiaohongshu)'s valuation further rose to US$31 billion, equivalent to approx. $241.8 billion, representing a total incline of about 19% over 3 months from US$26 billion in early-June.

As of the end of June, RedNote accounted for 92% of the fund's total assets, a slight increase from the previous quarter, the report quoted an investment portfolio document from GSR Ventures as saying.

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