Pop Mart, the Chinese collectibles brand best known for its cute, quirky characters like Labubu and Molly, has reached a ...

Xiaohongshu’s censorship system is likely being greatly challenged, Eric Liu, a former content moderator for Weibo and currently a U.S.-based editor with China Digital Times, told Rest of World.

Within the span of two days, more than 700,000 new users have joined Xiaohongshu, Reuters reported, citing a person close to the company. CNN has reached out to Xiaohongshu for comment.

Key Takeaways: Xiaohongshu was valued at $17 billion in a new funding round, with DST Global, Hillhouse, Boyu Capital, and Citic Capital joining as new investors The social e-commerce company’s ...