Tech Company Financing Transactions
Xiaohongshu Funding Round
Alibaba Group, Genesis Capital Advisors and GGV Capital joined a $300 million Series D funding round for Xiaohongshu. The round was announced on 6/13/2018.
Transaction Overview
Company Name
Announced On
6/13/2018
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Series D
Investors
Alibaba Group (Lead Investor)
private investors (Adrian Cheng)
Proceeds Purpose
Proceeds of this round will be used for business expansion and product development, especially in infrastructure such as algorithm to enable better recommendation, the company said.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Block C Number 388 Madang Rd. Huangpu District
Shanghai, 200000
China
Shanghai, 200000
China
Phone
Website
Email Address
Overview
Xiaohongshu offers an overseas shopping tip app. Xiaohongshu started its business by helping overseas travelers to draft a shopping list before they hit the roads.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Charlwin Mao
Co-Founder
Miranda Qu
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