Is Xiaohongshu owned by ByteDance?

Xiaohongshu has nothing to do with ByteDance. Xiaohongshu is a social e-commerce company with shares held by the founder team and Alibaba, while ByteDance is an independently operated entity and has no equity or business relationship with it.

Xiaohongshu and ByteDance:

No, Xiaohongshu and ByteDance Nothing to do.

Xiaohongshu is a Chinese social e-commerce company founded in 2013 and headquartered in Shanghai.

Ownership structure:

• Xiaohongshu was co-founded by Mao Wenchao and Qu Fang.
• Currently, most of Xiaohongshu’s shares are held by the founder team.
• Alibaba Group is its largest external shareholder, holding about 21% of the shares.

Relationship with ByteDance:

Xiaohongshu has no equity or business relationship with ByteDance. The two companies are independently operating entities with different business priorities.

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