Sunday, March 26, 2023

A look at the Chinese social e-commerce app and women-friendly "lifestyle bible" Xiaohongshu, which has 200M MAUs and critics describe as a consumerist trap (Viola Zhou/Rest of World)

Viola Zhou / Rest of World:
A look at the Chinese social e-commerce app and women-friendly “lifestyle bible” Xiaohongshu, which has 200M MAUs and critics describe as a consumerist trap  —  Known as China's “lifestyle bible,” the social media platform is an aspirational living guide or a consumerist trap.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...