Is Xiaohongshu owned by Tencent?-Common Problem-php.cn

Is Xiaohongshu owned by Tencent?

Apr 30, 2024 pm 04:03 PM

no. Xiaohongshu is an independently operated Chinese lifestyle community platform led by Alibaba. Tencent is only one of the investors, not the parent company.

Is Xiaohongshu owned by Tencent?

Is Xiaohongshu owned by Tencent?

no. Xiaohongshu is not a company owned by Tencent.

Xiaohongshu is a Chinese lifestyle community platform founded in 2013 by Qu Fang and Mao Wenchao, headquartered in Shanghai. The company was led by Alibaba, with other investors including Sequoia Capital, Tencent Investments and other well-known institutions.

Although Tencent invested in Xiaohongshu, it is not the parent company of Xiaohongshu. Xiaohongshu remains an independently operated company with its own management team and business strategy.

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