The Chinese cosmetics startup attracted top investors with a valuation of over USD 1 billion. The color cosmetics sector is gaining momentum.

In response to the recent drop of APP in major application markets, RED issued a statement that the company has launched investigations and rectifications of the content on the site and will actively cooperate with regulation departments.

An insider who did not want to be named said that Xiaohgonshu signed a quite "clear contract" during the last round, striving to be independent, not an affiliate of Ali's ecosystem.

Those exciting innovators caught the eye because of their pioneering business sense, and gradually withdrew from the stage due to a lack of cash flow as well as the proficient supply chain management ability.

RED's post-investment valuation may rise to USD 6 billion if their Series E USD 1 billion financing round follows through.

UGC is the crucial product model of Xiaohongshu, and the foundation of its survival. Stepping away from the community gene, it will lose its advantage over other e-commerce giants.

Red, a Chinese start-up with less than 6 years of operating history has gained over 200 million users and 45 million MAU. Now how will Red monetize its user base through e-commerce and can it compete with Alibaba and JD.com?

Xiaohongshu, the most popular online review sharing platform in China, launched 'Hey', a function which allows users to quickly share moments.