Chinese-owned TikTok is set to be banned in the United States on Jan. 19, 2025, and another Chinese-owned app is welcoming American "TikTok refugees."
The social media app, Xiaohongshu, is lifestyle based and has features like live-streaming, shopping, and similarly to TikTok, users have the facility to upload short videos, images, and messages.
WASHINGTON - President Donald Trump said that the U.S. now has a stake in TikTok. While speaking at his victory rally in Washington, D.C. Sunday, Trump said that he proposed a "joint venture" with TikTok's China-based parent company ByteDance. "As of today, TikTok is back," Trump said at the rally.
Backers of China's Xiaohongshu are looking to sell a part of their stake to the likes of Tencent , among others, in a deal that could value the TikTok-rival at at least $20 billion, Bloomberg News reported on Thursday.
Welcome to Tech In Depth, our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg's journalists around the world. Today, Gao Yuan recounts the rise of Xiaohongshu,
Chinese social apps Xiaohongshu and Lemon8 have soared to the top two spots on Apple's iPhone charts ahead of the U.S.'s impending TikTok ban.
There's been a surge in U.S. downloads of the Chinese-owned application Xiaohongshu, or "RedNote" as many users call it. A U.S. official told CBS News on Thursday that RedNote, just like TikTok ...
The newcomers, who refer to the app as “RedNote” or “the Chinese version of Instagram” and call themselves “TikTok refugees,” are relying on translation tools to navigate Xiaohongshu ...
But the influx of American TikTok users—as many as 700,000 in merely two days, according to Reuters—could be stretching Xiaohongshu’s content moderation abilities thin, says Eric Liu ...
As the fate of TikTok hangs in the balance, U.S. TikTok users are flocking to the Chinese social media app Xiaohongshu, also called RedNote – making it the top downloaded app in the U.S. Some of the “TikTok refugees,
Washington: As the fate of TikTok hangs in the balance, U.S. TikTok users are flocking to the Chinese social media app Xiaohongshu, also called RedNote – making it the top downloaded app in the U.S.Some of the “TikTok refugees,