Chinese Social Media Rivals TikTok: Xiaohongshu Poised for State-Supported Investment

A significant shift in the Chinese social media landscape appears to be on the horizon as Xiaohongshu, a rapidly growing platform often referred to as a "TikTok alternative," is reportedly in discussions for a substantial state-backed investment. This news comes at a time when China's regulatory environment continues to evolve, particularly concerning tech companies and social media platforms.

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