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Social media platform: DST Global invests in Xiaohongshu

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Published: July 12th, 2024,
Last updated: August 27th, 2024

Visitors to a trade fair at the stand of the social media platform Xiaohongshu.

The Israeli venture capital company DST Global is investing in Xiaohongshu, China’s fastest growing social media platform. The amount of the investment is not known. However, it is noteworthy because foreign investors have largely avoided China’s tech sector since Beijing’s crackdown.

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