Summary
- The potential US ban of TikTok has propelled the Chinese social media app, Rednote, to unprecedented popularity as a potential replacement.
- Rednote, a hybrid of Instagram, Pinterest, and TikTok, boasts a $17 billion valuation, backed by Chinese tech giants Alibaba and Tencent.
- A mass migration of former TikTok creators and users to Rednote has catapulted it to the top of the US App Store charts.
Amidst the looming US shutdown of TikTok, a Chinese social media app, Rednote, is experiencing a meteoric rise. Following legal battles throughout 2024, including a House-passed ban bill in March and a Department of Justice lawsuit in October, TikTok's US future hangs precariously. Unless the Supreme Court intervenes, its removal from app stores begins January 19, 2025, with the company itself signaling potential operational cessation.
This impending void has driven US users and creators to seek alternatives, with Rednote emerging as a leading contender. Known as Xiaohongshu (XHS) in China, Rednote blends elements of Instagram, Pinterest, and TikTok. Initially launched in 2013 as a product review platform, it evolved into a hub for Chinese beauty and health influencers, boasting a user base where women constitute over 70%. As of July 2024, it held a $17 billion valuation, supported by Tencent and Alibaba.
Rednote's Ascendance: A TikTok Successor?
Rednote's design, incorporating features similar to TikTok and Pinterest, has propelled it to the top of the US App Store charts, surpassing apps like Lemon8, ChatGPT, and Threads. As of January 13th, it's the most downloaded app in the US, attracting a wave of TikTok creators. The app's sudden popularity is even generating viral content on TikTok, Twitter, and Instagram. Interestingly, Chinese Rednote users are welcoming this influx of American users.
The irony of TikTok's potential demise due to its Chinese ownership, only to be potentially replaced by another Chinese app, is not lost on observers. Rednote's sustained popularity remains to be seen in the coming days, pending TikTok's ultimate fate. A complete US removal of TikTok could trigger an even greater surge in Rednote's user base.