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Xiaohongshu's Profit Projections: Xiaohongshu anticipates its profit will triple to $3 billion by 2025, surpassing Pinterest's expected earnings for 2024 and highlighting its competitive edge over Snap, which has yet to achieve profitability.
IPO Rumors and Expansion Plans: The company is reportedly accelerating its IPO process, potentially listing in Hong Kong, and is actively expanding by leasing office space in Times Square, Causeway Bay, and hiring new staff.
