Xiaohongshu responds to IPO rumor: all relevant information is untrue

Recently, there have been many rumors that “Xiaohongshu secretly submitted an IPO application before the end of June,” but the process was blocked due to a report from a former employee about its “listing compliance” issues. In response, Xiaohongshu said: “At present, all IPO-related information circulating online is untrue.” (Sina Tech)
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