
RedNote Stock
| Valuation | $50B1 |
| Valuation Date | n/a |
| Implied Valuation | n/a |
| Last Price | $60.00 |
| 52-Week High | $25,000 |
| 52-Week Low | $50.00 |
| YTD Return | +20.00% |
| 1-Year Return | -99.76% |
| 3-Year Return | n/a |
| Total Funding | $1.37B2 |
| Latest Round Amount | n/a |
| Latest Round | Secondary |
| Funding Rounds | n/a |
| IPO Status | Unknown3, 4, 5 |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About RedNote
RedNote is a Chinese social media and social commerce platform, known in China as Xiaohongshu (小红书, or "Little Red Book"). Users post short videos and image-based "notes" about fashion, beauty, travel, food and other lifestyle topics, and the app pairs that user-generated content with product discovery and in-app shopping. RedNote makes money mainly from advertising and influencer marketing, alongside a growing e-commerce business built around livestreaming and brand storefronts. The platform drew international attention in January 2025 when many American users joined it as a TikTok alternative. It was founded in 2013 by Charlwin Mao and Miranda Qu and is headquartered in Shanghai, China.
Invest in RedNote
RedNote is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.
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News
RedNote eyes US$2.2 billion data centre as China ramps up AI infrastructure
RedNote is planning a 600-megawatt, roughly $2.2 billion AI data centre in Inner Mongolia targeting delivery in the first quarter of 2027, according to the South China Morning Post.
Xiaohongshu's Hong Kong IPO plans face scrutiny after complaint about corporate structure
A former employee's complaint over Xiaohongshu's VIE structure has drawn regulatory scrutiny as the company works with advisers on a potential Hong Kong listing; the company denied reports that it had...
Xiaohongshu denies IPO obstruction rumors; all related information is untrue
On July 22, Xiaohongshu denied market rumors of a confidential Hong Kong IPO filing and said it has no listing arrangements to disclose.
Xiaohongshu denies IPO rumours amid compliance disputes
RedNote parent Xiaohongshu said circulating Hong Kong IPO reports are untrue, after weeks of listing speculation and a former employee's whistleblower complaints to Hong Kong and mainland regulators.
Men, AI and a Retail Revamp Drive Xiaohongshu's Pre-IPO Pivot
Caixin reported that Xiaohongshu is diversifying its user base and business model ahead of a planned Hong Kong IPO, including expanding beyond its core female Gen Z audience and investing in AI.
Men, AI and a retail revamp drive Xiaohongshu's pre-IPO pivot
Caixin reports Xiaohongshu is reorganizing leadership, accelerating AI initiatives, and expanding its user base ahead of a potential Hong Kong listing.
Men, AI and a Retail Revamp Drive Xiaohongshu's Pre-IPO Pivot
Caixin reports Xiaohongshu is diversifying its user base ahead of a potential Hong Kong listing, securing FIFA World Cup streaming rights, reorganizing leadership, and accelerating AI initiatives.
Xiaohongshu targets end of June for confidential Hong Kong IPO: sources
Sources told The Business Times that Xiaohongshu was working with advisers on a Hong Kong listing that could rank among the city's largest recent tech IPOs.
Xiaohongshu targets end of June for confidential Hong Kong IPO
Sources told The Business Times that Xiaohongshu is working with advisers on a potential Hong Kong listing that could rank among the city's largest recent tech debuts.
Xiaohongshu Is Said to Ready Hong Kong IPO Filing This Month
Xiaohongshu is preparing to confidentially file for a Hong Kong IPO by the end of June, with a listing that could rank among the city's largest in recent years.
China's RedNote, Xiaohongshu, Preps to Go Public
Xiaohongshu is preparing to confidentially file for a Hong Kong IPO, with advisers including Goldman Sachs and CICC, targeting a valuation above $70 billion.
Xiaohongshu plans for Hong Kong IPO by year-end, targets US$70b valuation, WSJ reports
Xiaohongshu is preparing a Hong Kong IPO as early as year-end 2026, targeting a valuation above $70 billion with projected 2026 net profit exceeding $3 billion.
Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPO
Xiaohongshu hired Goldman Sachs and CICC to work on a potential Hong Kong IPO that could come as early as the second half of 2026, with private secondary trades valuing the company near $50 billion.
Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPO, sources say
Xiaohongshu has tapped Goldman Sachs and CICC to work on a potential Hong Kong IPO that could come as early as the second half of 2026, with the company valued in private secondary trades at as much a...
Xiaohongshu Is Said to Ready Hong Kong IPO Filing This Month
Xiaohongshu, the Chinese creator of social platform RedNote, is preparing to confidentially file for an initial public offering in Hong Kong by the end of June, working with advisers on a potential li...
RedNote expands to U.S. with e-commerce portal and local hiring
RedNote opened Palo Alto and New York offices, hired U.S. staff, and launched RedShop cross-border e-commerce for American consumers.
Alibaba, RedNote in tie-up as China e-commerce competition intensifies
Chinese e-commerce giant Alibaba is partnering with popular content platform RedNote to allow users on RedNote to directly click on product links to shop on Alibaba's Taobao platform.
Goodbye TikTok, Ni Hao RedNote? + A.I.'s Environmental Impact + Meta's Masculine Energy
“This is truly one of the funniest and most unexpected stories of the young year so far.”
Duolingo sees 216% spike in U.S. users learning Chinese amid TikTok ban and move to RedNote
TikTok U.S. users have been learning Chinese on Duolingo in increasing numbers amid their adoption of a Chinese social app called RedNote ahead of the TikTok ban. The U.S. law, scheduled to go into ef...

