The bizarre surge in popularity for Chinese social media app RedNote has sparked alarm among policy experts who warned it carries even greater security risks than TikTok.
Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the United States.
BEIJING (Reuters) -Chinese social media app RedNote has been thrust into the limelight after more than half a million TikTok users recently joined the platform in protest against a likely imminent ban on the short video app in the United States.
A RedNote rises…clout has been spilled this night.
TikTok users fleeing the ByteDance-owned social platform ahead of a crucial Supreme Court decision on its future sent a rival Chinese app to the top of Apple's charts in the US on Monday. While the exact number of downloads is unknown,
RedNote, or Xiaohongshu, became the most downloaded iPhone app in the US on Monday.
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State media hailed RedNote's success among American "TikTok refugees" as a repudiation of U.S. government "demonizing" of China's development.
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.
Analysts are predicting that a recent surge of Americans flocking to the Chinese social media platform RedNote - also known as Xiaohongshu - could be short-lived, as users soon find its content regulations differ sharply from those on TikTok US.
New users have piled in to Chinese social media app RedNote just days before a proposed U.S. ban on the popular social media app TikTok, as the lesser-known company rushes to capitalize on the sudden influx while walking a delicate line of moderating English-language content,