{"id":26375,"date":"2021-11-09T09:04:10","date_gmt":"2021-11-09T09:04:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=26375"},"modified":"2021-11-09T09:04:10","modified_gmt":"2021-11-09T09:04:10","slug":"chinese-social-e-commerce-app-xiaohongshu-raises-us500-million-as-ipo-plans-hit-roadblock-amid-regulatory-tightening-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=26375","title":{"rendered":"Chinese social e-commerce app Xiaohongshu raises US$500 million as IPO plans hit roadblock amid regulatory tightening"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostSocial e-commerce app Xiaohongshu, known as China\u2019s answer to Instagram, has raised US$500 million from existing investors in a new fundraising round after the company was forced to put its plans for an initial public offering on the back burner amid Beijing\u2019s heightened scrutiny of overseas listings, according to a source briefed on the matter.The new funding for Shanghai-based Xiaohongshu, which means \u201clittle red book\u201d, boosted the company\u2019s valuation to US$20 billion, according to the source\u2026<a href=\"https:\/\/www.scmp.com\/tech\/tech-trends\/article\/3155398\/chinese-social-e-commerce-app-xiaohongshu-raises-us500-million-ipo?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostSocial e-commerce app Xiaohongshu, known as China\u2019s answer to Instagram, has raised US$500 million from existing investors in a new fundraising round after the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":26376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/26375"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26375"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/26375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/26376"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26375"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}