Private Market View

Xiaohongshu

Shanghai, China · Founded 2013 · Privately Held (backing)

Last price · $/share
Implied valuation
$17.0B
Total raised
$917.5M
Last round

Key facts

  • Xiaohongshu’s last known valuation is $17.0B (Jul 2024).
  • It has raised $917.5M; the latest was Secondary Transaction - Private in Oct 2025.
  • Notable investors include HSG (Hong Kong), GL Ventures, Temasek Holdings, DST Global, ZhenFund24 tracked in total.
  • Status: Privately Held (backing).
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Funding rounds

No rounds on record

No funding rounds for Xiaohongshu are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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About Xiaohongshu

Developer and provider of a social e-commerce platform designed for users to share and search for shopping experiences. The company's platform is also available as a mobile application and enables users to post favorite products, share shopping experiences and discover global products, enabling users to review merchandise overseas and buy luxury, fashion, and beauty products from overseas.

Sector
Consumer Products and Services (B2C)
HQ
Shanghai, China
Founded
2013
Employees
2,000
Ownership
Privately Held (backing)
PA Mark — not yet priced

Xiaohongshu doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in Xiaohongshu shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

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Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Xiaohongshu in its N-PORT filings yet. We sweep new filings monthly.

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