Company profile

Xiaohongshu

Xiaohongshu has raised a total of $917.7 million across multiple funding rounds, with the most recent support from DST Global in July 2024. Founded in 2013 and headquartered in Shanghai, China, the platform combines social networking with e-commerce, allowing users to share product reviews, lifestyle content, and shopping experiences. Major investors include Alibaba, Tencent, and Temasek Holdings. The funding has fueled platform expansion, enhanced e-commerce capabilities, and technological innovation, positioning Xiaohongshu as a leading social commerce hub in China with a current valuation of $20 billion.

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Quick facts

Total funding: $917.7 million
Valuation: $20 billion
Founded: 2013
Headquarters: Shanghai, China

Notable investors

Alibaba
Tencent
Temasek Holdings

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