---
title: "New Stock News | Xiaohongshu rumored to be preparing for IPO again, informed sources respond: the news is not true"
description: "Xiaohongshu is once again rumored to be preparing for an IPO, but insiders have responded that the news is not true. The company's latest round of financing was conducted through the transfer of exist"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/211084149.md"
published_at: "2024-08-08T11:13:04.000Z"
---

# New Stock News | Xiaohongshu rumored to be preparing for IPO again, informed sources respond: the news is not true

> Xiaohongshu is once again rumored to be preparing for an IPO, but insiders have responded that the news is not true. The company's latest round of financing was conducted through the transfer of existing shares to help early investors exit. According to data, Xiaohongshu has shown strong performance, with a 20% year-on-year increase in monthly active users and an 85% year-on-year growth in revenue in 2023

According to the Smart Finance app, in response to recent rumors of an upcoming IPO by Xiaohongshu, on August 8th, a source close to Xiaohongshu stated that the above news is not true.

On July 12th, it was reported by the media that Xiaohongshu had completed a new round of financing, with the company's market valuation reaching $17 billion. This round of financing was participated in by foreign venture capital firms DST Global and Sequoia China, as well as other investors such as Hillhouse, Boyu, and CICC. According to 36Kr, this round of financing is not the rumored "Pre-IPO final new stock financing", but rather a transfer of equity through the sale of existing shares. To help early investors exit, Xiaohongshu personally orchestrated this transaction.

Tianyancha shows that DST Global is an investment group headquartered in Moscow, Russia, with its headquarters now relocated from Moscow to Hong Kong. DST Global has previously invested in well-known companies such as Facebook, Twitter, WhatsApp, Snapchat, and Spotify; as well as internet companies like JD.com, Alibaba, Xiaomi, Didi, Toutiao, and Meituan.

In terms of performance, Xiaohongshu's monthly active users in 2023 increased by 20% year-on-year to 312 million, revenue increased by 85% year-on-year to $3.7 billion, and net profit reached $500 million (over 3.5 billion RMB), far exceeding Xiaohongshu's initial forecast of $50 million for 2023

### Related Stocks

- [XHS.NA - 小红书](https://longbridge.com/en/quote/XHS.NA.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| 小红书进击 AI 剪辑的动力 | 从工具竞争，走向对话剪辑智能体。 | [Link](https://longbridge.com/en/news/275295923.md) |
| 小红书拟全面清理医美达人营销 | 当合规的达摩克利斯之剑再次落下，曾经依赖 “种草” 逻辑繁荣的小红书医美营销赛道，正迎来又一次剧烈的洗牌… | [Link](https://longbridge.com/en/news/274608626.md) |
| 为 AI 交易 “背书”！OpenAI 正敲定新一轮融资：以 8300 亿美元估值募资高达 1000 亿美元 | OpenAI 正以 8300 亿美元估值推进新一轮融资，目标筹集 1000 亿美元。软银拟领投 300 亿美元，亚马逊和英伟达可能各投 500 亿及 300 亿美元，微软拟投数十亿美元。本轮融资是 OpenAI 自去年秋季公司制改革以来的首 | [Link](https://longbridge.com/en/news/276298180.md) |
| 谁在春晚开始前打广告 | 今年春晚广告中，酒类品牌依旧占据重要位置，古井贡酒、五粮液、汾酒等频繁出现，显示出其在市场中的强势地位。广告时段的竞争激烈，尤其是 20 点前的广告位，成为品牌争夺的焦点。与此同时，智能家居等新兴产品也逐渐被纳入广告阵列，反映出消费者对生活 | [Link](https://longbridge.com/en/news/276085360.md) |
| “有组织控制了全球三分之一的超级油轮” | 韩国 Sinokor 集团已控制约 120 艘超大型油轮，占可用船队近三分之一，规模前所未见。背后浮现地中海航运创始人 Gianluigi Aponte 身影。这场收购引发市场恐慌，运费创 30 多年来最强开局。油轮订单随之增至十年新高。 | [Link](https://longbridge.com/en/news/276059635.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.