RedNote's Valuation Spikes to USD26B: Report
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2025/06/05 01:40 GMT
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As of the end of March, RedNote (Xiaohongshu)'s valuation spiked to USD26 billion, accounting for 91% of GSR Ventures' fund assets, according to a document from GSR Ventures.

With TikTok facing a ban in the US, RedNote is seen as an alternative to TikTok.

Related NewsLoan Prime Rate 1Y for June 2025 in China is 3.00%, unchanged from its last period. The forecast was 3.0%.
The market estimated that RedNote may go public as early as this year, with the exact timing contingent on market conditions.

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RedNote's Valuation Spikes to USD26B: Report
As of the end of March, RedNote (Xiaohongshu)'s valuation spiked to USD26 billion, accounting for 91% of GSR Ventures' fund assets, according to a document from GSR Venture...
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