New Stock News | Xiaohongshu rumored to be preparing for IPO again, informed sources respond: the news is not true

Zhitong
2024.08.08 11:13
portai
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Xiaohongshu is once again rumored to be preparing for an IPO, but insiders have responded that the news is not true. The company's latest round of financing was conducted through the transfer of existing shares to help early investors exit. According to data, Xiaohongshu has shown strong performance, with a 20% year-on-year increase in monthly active users and an 85% year-on-year growth in revenue in 2023