By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
World of SoftwareWorld of SoftwareWorld of Software
  • News
  • Software
  • Mobile
  • Computing
  • Gaming
  • Videos
  • More
    • Gadget
    • Web Stories
    • Trending
    • Press Release
Search
  • Privacy
  • Terms
  • Advertise
  • Contact
Copyright © All Rights Reserved. World of Software.
Reading: Xiaohongshu gets funding from former Facebook investor DST Global · TechNode
Share
Sign In
Notification Show More
Font ResizerAa
World of SoftwareWorld of Software
Font ResizerAa
  • Software
  • Mobile
  • Computing
  • Gadget
  • Gaming
  • Videos
Search
  • News
  • Software
  • Mobile
  • Computing
  • Gaming
  • Videos
  • More
    • Gadget
    • Web Stories
    • Trending
    • Press Release
Have an existing account? Sign In
Follow US
  • Privacy
  • Terms
  • Advertise
  • Contact
Copyright © All Rights Reserved. World of Software.
World of Software > Computing > Xiaohongshu gets funding from former Facebook investor DST Global · TechNode
Computing

Xiaohongshu gets funding from former Facebook investor DST Global · TechNode

News Room
Last updated: 2025/04/12 at 10:10 AM
News Room Published 12 April 2025
Share
SHARE

Xiaohongshu, a Chinese social platform that is increasingly seen as a real-time search engine favored by younger generations, has received financial injections from venture capital firm DST Global in a recent sale of existing shares to current and new investors. The Financial Times first reported the news on Thursday, saying the deal valued Xiaohongshu at $17 billion. Investors that already held stakes in the company, including Hongshan (previously Sequoia China), Hillhouse, Boyu, and Citic Capital, also participated in the new round of funding. Boosted by rising e-commerce and advertising business, the lifestyle platform reportedly earned $3.7 billion in revenue and $500 million in net profit last year, the first time it was profitable since it was founded in 2013. [Financial Times]

Related

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Google Cloud, Juniper Networks accelerate enterprise campus deployment | Computer Weekly
Next Article ‘The White Lotus’ has shown how a group of millionaires veraneanding on your coasts is a magnet for tourism
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

248.1k Like
69.1k Follow
134k Pin
54.3k Follow

Latest News

More than half of batteries could be produced by recycled lithium · TechNode
Computing
My top AirPods recommendation is down to $99 in this Prime Day deal | Stuff
Gadget
Here’s how to see the Delta Aquariid meteor shower just around the corner
News
How AI Personalizes Insurance for Today’s Small Business Owners
Computing

You Might also Like

Computing

More than half of batteries could be produced by recycled lithium · TechNode

1 Min Read
Computing

How AI Personalizes Insurance for Today’s Small Business Owners

0 Min Read
Computing

8 Ways to Scavenge Orbital Debris and Kessler Syndrome | HackerNoon

19 Min Read
Computing

Lenovo WMI Gaming Series Drivers Expected To Debut In Linux 6.17

2 Min Read
//

World of Software is your one-stop website for the latest tech news and updates, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Topics

  • Computing
  • Software
  • Press Release
  • Trending

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

World of SoftwareWorld of Software
Follow US
Copyright © All Rights Reserved. World of Software.
Welcome Back!

Sign in to your account

Lost your password?