Xiaohongshu's possible Series E, US-based food delivery company seeing a surge in contactless takeaway orders, a Chinese ed-tech startup providing online research counseling, a medical diagnostic company and a major local hotel chain.
The Paper has learned from the team of Xiaohongshu (aka Red) that the app has been re-launched in several Android app stores.
Xiaohongshu, one of the world's largest community e-commerce platforms, has been banned from Google's Play Store.
This recent change will surely impact the well-being and the financial prospects for bloggers on the platform.
CNBC released their list of 2019 Disruptor 50 companies, containing the most influential and innovative companies in various industries, from biotech and machine learning to transportation, retail and agriculture. Two Chinese firms, the ride-hailing giant Didi-Chuxing and Xiaohongshu, ranked among the top ten.