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Xiaohongshu offers an overseas shopping tip app and a UGC community.
| Announcement Date | Funding Round | Funding Raised | Lead Investor(s) |
|---|---|---|---|
| Jun. 1, 2018 | Series D | 300.00M | Alibaba Group, GVC Capital, GSR capital, zhen fund,Tencent Holdings,K11,Genesis Capital,Tiantu Capital,zhen zhigang |
| Mar. 31, 2016 | Series C | 100.00M | Tencent Holdings,Genesis Capital,tiantu capital |
| Jun. 8, 2015 | Series B | 17.50M | GGV Capital, GSR ventures |
| Jun. 29, 2014 | Series A | 0.00 | GSR ventures, zhen fund |
| Oct. 1, 2013 | Angel Round | 0.00 | zhen fund, xu xiaoping |
RED's post-investment valuation may rise to USD 6 billion if their Series E USD 1 billion financing round follows through.
UGC is the crucial product model of Xiaohongshu, and the foundation of its survival. Stepping away from the community gene, it will lose its advantage over other e-commerce giants.
Red, a Chinese start-up with less than 6 years of operating history has gained over 200 million users and 45 million MAU. Now how will Red monetize its user base through e-commerce and can it compete with Alibaba and JD.com?
Xiaohongshu, the most popular online review sharing platform in China, launched 'Hey', a function which allows users to quickly share moments.
Xiaohongshu, an online review sharing platform, rumors to start testing social commerce program on Wechat Mini Program.
The cooperative relationship with Taobao closes the ring of Writing-Reading/Watching-Buying for Xiaohongshu and improves Xiaohongshu's ecosystem’s integrity.
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