Xiaohongshu has raised $917.5M across 8 funding rounds, plus 1 undated round. The latest round valued Xiaohongshu at $50B tender.
Alibaba Group and Tencent invested $300 million in Xiaohongshu in June 2018 at a $3 billion valuation. By July 2024 a round of stake sales to investors including DST Global, HongShan and Hillhouse Investment valued the company at around $17 billion.
8 funding rounds, the latest highlighted.
Xiaohongshu was founded in 2013, China.
No date is disclosed for this round.
A primary round — the company sells new shares to investors it selects.
A primary round — the company sells new shares to investors it selects.
A primary round — the company sells new shares to investors it selects. $17.5M raised, led by Notable Capital.
A primary round — the company sells new shares to investors it selects. $100M raised, led by Tencent.
A primary round — the company sells new shares to investors it selects. $300M raised, led by Alibaba Group, Tencent.
Existing holders. Led by Sequoia China (HongShan).
Invited institutions. Led by DST Global, HongShan (Sequoia China), Hillhouse Investment, Boyu Capital, CITIC Capital.
Existing holders selling; buyers approved by the company.
No filing has been made.
8 dated rounds, newest first.
Temasek HoldingsLEAD
TencentLEAD
DST GlobalLEADHHongShanLEAD
Hillhouse InvestmentLEAD
Boyu CapitalLEAD
CITIC CapitalLEADSSequoia ChinaLEAD
Alibaba GroupLEAD
Notable CapitalLEADLead investors for each round are in the funding timeline.
The closest social media and e-commerce peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. Xiaohongshu is a private company; its shares do not trade on a public exchange.
The last valuation is $50B (tender, Dec 2025).
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
