Background RedNote has emerged as a potential alternative to TikTok amid discussions of a potential TikTok ban in the United States. The app has gained attention for its similar short-form video content format and features.

Resolution Criteria This market will resolve based on RedNote's ownership and operational status in the United States as of April 1st, 2025, 12:00 AM ET. Specifically:

• "Own by the original owner and operating" resolves YES if RedNote is still controlled by its original ownership group and the app is functional and available for download in US app stores

• "Own by a different owner and operating" resolves YES if RedNote has been acquired by or merged with another company and remains functional and available for download in US app stores

• "Not operating, not downloadable" resolves YES if the app has been shut down, banned, or is no longer available for download in US app stores

If RedNote undergoes multiple ownership changes before the resolution date, the final status on April 1st, 2025, will determine the outcome.

Considerations

• The social media landscape is highly dynamic, with frequent acquisitions and regulatory changes

• The outcome of potential TikTok legislation could impact the competitive environment for apps like RedNote

• Technical issues or temporary app store removals lasting less than 24 hours on the resolution date will not affect the resolution

• If RedNote rebrands but maintains the same core functionality and ownership structure, it will still be considered the same ownership for resolution purposes