Xiaohongshu fraud cases drop 73% after parsing suspension
Taiwan's Executive Yuan Anti-Fraud Center reports that after suspending Xiaohongshu's parsing, monthly fraud cases decreased by 73% and financial losses dropped by 51%. The measure effectively reduces citizens' fraud risk. To lift restrictions, Xiaohongshu must meet three requirements including removing fraudulent advertisements. However, the company has not responded within deadlines after three contact attempts.