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SR Ventures Management Co., one of the earliest backers of the Chinese social commerce app Xiaohongshu, is raising about $350m for a new China-focused venture fund and is using its existing stake in the app, known internationally as RedNote, as the central pitch, according to a Bloomberg report on Tuesday citing people familiar with the […]
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<p>With TikTok likely just days away from being banned in the US, the app’s users are pushing some previously little-known apps to the top of Apple and Google’s stores. The app that has so f [...]