When it comes to the most popular and used ones in China, there are 7 most popular social media apps you must know for 2020.
Xiaohongshu, one of the world's largest community e-commerce platforms, has been banned from Google's Play Store.
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.
In episode 31 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Xiaohongshu, also known as RED, which had received a $300 million investment from Alibaba.
Xiaohongshu, translated into “Red” or “Little Red Book”, a shopping tip app gaining large popularity among Chinese millennials, just closed its $300 million Series D funding round led by Internet giant Alibaba Holding.