Is Xiaohongshu based on Alibaba or Tencent?
Xiaohongshu does not belong to the Alibaba or Tencent series. This is an independent Internet company focusing on social sharing communities in the fields of beauty, fashion, lifestyle and other fields. It was founded in 2013 by Qu Fang, Mao Wenchao and others. Alibaba is controlled by Alibaba Group and covers e-commerce, finance, logistics and other businesses. Tencent is controlled by Tencent Holdings Co., Ltd. and covers social networking, games, finance, e-commerce and other businesses.
#Xiaohongshu does not belong to Alibaba or Tencent.
Xiaohongshu ownership:
Xiaohongshu is an independent Internet company founded in 2013 by Qu Fang, Mao Wenchao and others. Its main business is a social sharing community, focusing on beauty, fashion, lifestyle and other fields.
Alibaba Department:
Alibaba Department is a group of Internet companies controlled by Alibaba Group, including Taobao, Tmall, Alipay, Cainiao Logistics, etc. These companies are controlled or held shares by Alibaba Group, and their business scope covers e-commerce, finance, logistics, etc.
Tencent Department:
Tencent Department is a group of Internet companies controlled by Tencent Holdings Co., Ltd., including WeChat, QQ, Tencent Video, Meituan, etc. These companies are controlled or held shares by Tencent, and their business scope covers social networking, games, finance, e-commerce, etc.
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