Comment on Overseas Shopping Tip App Xiaohongshu Announces Millions of Dollars Funding Upon Release of New Update by Chinese Products Will Continue To Target Low-Income Consumers Globally | Big Box of Money

['Emma Lee', 'More Emma Lee', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2014-07-02 00:00:00

Xiaohongshu, an overseas shopping tip app, announced seven-digit dollars of Series A funding led by an existing angel investor from Silicon Valley and followed by ZhenFund. Launched in Dec. last year, Xiaohongshu is an online platform where people can share cross-border purchase information, shopping tips and strategies, helping users to shop smarter overseas. Upon release of the funding news, Xiaohongshu is planning to roll out a new version tomorrow. Although the app is now only available on iOS platform, the company planned to release an Android version early August. Xiaohongshu started its business by helping overseas travelers to draft a shopping list before they hit the roads.