Source: Chinese social e-commerce app Xiaohongshu has raised a new funding round of $500M, led by Temasek and Tencent at a $20B valuation Tracy Qu / South China Morning Post : South China Morning Post 2021-11-09 Tracy Qu Tencent, Tracy Qu, Xiaohongshu, Chinese, Temasek Related Coverage China's Xiaohongshu raises $500 mln, valuation hits $20 bln - source Reuters Xiaohongshu secures $500 million at $20 billion valuation TechNode