Home/Companies/Chehaoduo vs Xiaohongshu

Company pair · E-commerce

Chehaoduo vs Xiaohongshu

E-commerce Both private CN-headquartered No Canborsa market

Chehaoduo vs Xiaohongshu: two of the better-known names in ecommerce, compared side by side.

On this pageSide by side Valuation marks What each discloses Verdict FAQ

ChehaoduoPRIVATE · CN

XiaohongshuPRIVATE · CN

Last valuation$10B$50B

Basis Post-money Tender

As ofJul 2021Dec 2025

Founded20172013

Employees≈1,066≈7,500

On CanborsaNo marketNo market

At a glance

$10B

ChehaoduoPost-money, funding round · Jul 2021

$50B

XiaohongshuTender, Private Secondary Trading · Dec 2025

Different bases — the numbers stay side by side

Gap

0 of 2

On CanborsaNeither company has a market

Head-to-head · field by field

Chehaoduo vs Xiaohongshu — side by side

Field

ChehaoduoPRIVATE · FOUNDED 2017

XiaohongshuPRIVATE · FOUNDED 2013

Last valuation

$10B Post-money

$50B Tender

Valuation date

1 Jul 2021

1 Dec 2025

Valuation basis

Post-money

Tender

Latest round

Funding round

Private Secondary Trading

Named investors

SoftBank Vision Fund Sequoia Capital China IDG Capital Tencent Investment

Alibaba Group Tencent Sequoia China (HongShan) DST Global

Founded

2017

2013

Employees (est.)

≈1,066

≈7,500

Sector & HQ

Automotive e-commerce / used-car marketplace · 🇨🇳 CN

Social media and e-commerce · 🇨🇳 CN

Status & market

Private — no Canborsa market

Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $10B for Chehaoduo (post-money, Jul 2021) and $50B for Xiaohongshu (tender, Dec 2025).

Chehaoduo

$10BPost-money · Jul 2021

Xiaohongshu

$50BTender · Dec 2025

CHEHAODUO · $10B · JUL 2021XIAOHONGSHU · $50B · DEC 2025

Chehaoduo vs Xiaohongshu · what each company discloses

What each company discloses, and what it leaves out

ChehaoduoPRIVATEE-commerce · CN · 2017

+Last disclosed mark $10B — post-money, Jul 2021.

+Founded 2017 .

+≈1,066 employees.

+Latest round: funding round, $300M raised, led by SoftBank.

XiaohongshuPRIVATEE-commerce · CN · 2013

+Last disclosed mark $50B — tender, Dec 2025.

+Founded 2013 .

+≈7,500 employees.

Verdict

Verdict

The $10B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

How much capital arrived with it:$300M, led by SoftBank in Jul 2021.

A dated print: it moves only when a newer round is announced.

The $50B tells you…

What buyers paid for shares that already existed — existing shares changed hands in a tender.

The size of that transaction is undisclosed.

Existing shares moved between holders; the company's balance sheet stayed unchanged.

A post-money print and a tender print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.