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Xiaohongshu suspends US IPO plan as chill sets in

by TechNode Feed Jul 16, 2021Feb 18, 2022

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Chinese social commerce platform Xiaohongshu suspended plans to list in New York as Beijing tightens reviews on overseas IPOs, Bloomberg reported. The news comes shortly after Chinese fitness app Keep and podcast startup Himalaya called off US IPO plans. [KrAsia]

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