Chinese Social E-commerce App Xiaohongshu Hires New CFO From Citigroup

Xiaohongshu, or Red, has garnered more than 100 million monthly active users as of December 2020. (Source: PingWest)

Chinese social e-commerce platform Xiaohongshu, or Red, has hired a new chief financial officer as it weighs a public listing in the US as early as this year, according to reports.

The Shanghai-based firm verified that it has appointed Yang…