China's Instagram-Style Xiaohongshu Crosses $1 Billion in Profit [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
Most Read from Bloomberg Brace for a Nationwide Shuffle of Corporate Headquarters Hong Kong's Expat Party Hub Reshaped by Chinese Influx American Institute of Architects CEO Resigns City Hall Is Hiring Cloud Computing Tax Threatens Chicago's Silicon Valley Dream Xiaohongshu Technology Co. has told investors its net income is on track to cross that milestone this year, people familiar with the matter said. That reflects a renewed focus on the bottom line over user growth, which has slowed in the years since its Covid-era heyday, the people said, asking not to be identified discussing confidential information. The strong results are likely to revive speculation around the market debut of a startup valued at $20 billion in its last funding round in 2021. Xiaohongshu, which literally means “little red book,” started out like its US cousin as a repository of personal travel and dining photos before branching out into reviews and live shopping. A Xiaohongshu representative di
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- 1 Stock to Buy in 2025 and Hold for the Next 5 Years [Yahoo! Finance]Yahoo! Finance
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- Gen Z Travelers Drive Buy Now, Plan Later Travel Bookings by Over 20%: Fliggy's 2024 Buy Now Plan Later Travel Insight [Yahoo! Finance Canada]Yahoo! Finance Canada
- Gen Z Travelers Drive Buy Now, Plan Later Travel Bookings by Over 20%: Fliggy's 2024 Buy Now Plan Later Travel InsightPR Newswire
- China Hongqiao Sells Its First Long-Term Dollar Bond Since 2021 [Yahoo! Finance]Yahoo! Finance
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- 11/15/24 - Beat
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- BABA's page on the SEC website