Mass Layoffs at ‘China’s Instagram’: Tough Times or Primping for IPO?
Xiaohongshu confirms cutting 9% of its staff amid similar layoffs at other big internet companies. But some suspect the move may be aimed at improving its financials for an IPO…
Xiaohongshu’s Soaring Valuation: a Final Tango Before Listing?
A new funding for the company sometimes called ‘China’s Instagram’ has valued it at $20 billion Key takeaways: Xiaohongshu has completed a new funding round that has doubled its value…
Xiaobai Maimai Eyes Cancer Treatment as E-Commerce Pivot Sputters
Former P2P lender’s stock soared up to tenfold after announcement of latest shift, but later gave up much of the gains Key Takeaways: Xiaobai Maimai, the former P2P lender known…
Baozun Aims to Ease Its Alibaba Addiction With New Growth Plan
Company aims to triple revenue and boost operating profit sixfold in next three to five years Key Takeaways Baozun’s new three- to five-year “profitable growth” strategy is designed to respond…
