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It is even more difficult. Not only is it difficult to write a report for LPs, but it is also unprecedentedly difficult to raise new funds. In short, no one wants to have a concrete loss, so it is better to let everything remain under the pot lid. In fact, these difficulties are not only faced by Xiaohongshu and his family, but are common difficulties faced by all unlisted new economy companies. Therefore, this year, very few new economy companies have been listed on the Hong Kong stock market. a symbolic issuance to control the circulating shares to ensure low trading volume and create an illusory stock price.
But the amount of money they actually raised was pitifully small. So why do these companies still go public? On the one hand, I'm afraid it has something to do with the previous commitments to shareholders. On the other hand, these compa Armenia WhatsApp Number nies have either already developed the ability to selfgenerate, or the founders have finally figured it out. They might as well just be a small but beautiful company, so that the company doesn't have to spend too much money. If you have more money, of course you won’t need to raise more money. But Xiaohongshu is different. Xiaohongshu also needs to make money to prove its worth.

Plant grass again Xiaohongshu has almost a monopoly in the segmented track of the Chinese Internet. Giants have imitated it several times but have not produced any substantial competing products. Its target overseas company Instagram is valued at at least US billion, accounting for almost of the market value of parent company Meta. Some activist investors even attribute half of Meta's valuation to Instagram. The reason why Instagram has such a high valuation is because it has a huge number of users, with more than billion monthly active users.
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