News

Xiaohongshu Invests 1B-3B RMB in DeepSeek (November 4, 2026)

21CBR reported Xiaohongshu invested 1-3 billion RMB in DeepSeek in late October, joining Tencent and CATL on the same investor list.

One-sentence summary

21CBR reported on November 4 that Xiaohongshu invested 1 to 3 billion RMB in DeepSeek in late October, joining Tencent and CATL on the same investor list.

Event Overview ​

On November 4, 2026, 21 Century Business Review reported that Xiaohongshu, the lifestyle platform known for product reviews, has joined DeepSeek's investor list.

Key Information ​

  • Xiaohongshu invested 1 billion to 3 billion RMB, in a round that closed in late October.
  • Tencent and CATL are also on the same investor list.
  • A source close to Xiaohongshu said the investment is purely financial, with no deep binding cooperation.

Official Sources ​