LeaderPortfolio
Qu
M
Rank #2185
CHINATechnologyE-commerce

Miranda Qu

Net Worth
$1.9B
0% (24h)
Miranda Qu, at 41 years old, is the co-founder and president of Xiaohongshu, a leading social e-commerce platform based in Shanghai, China. Her journey began after studying journalism at Beijing Foreign Studies University. Qu's source of wealth stems from e-commerce, specifically her role in building Xiaohongshu into a global platform. As of March 24, 2026, her net worth is estimated at $1.9 Billion, and her influence has made her one of the most successful businesswomen in China.

The Full Dossier

Early Life

Miranda Qu was born in Wuhan, China. She attended Beijing Foreign Studies University, where she studied journalism. During her time at university, she met her business partner, Charlwin Mao. They later connected over their mutual love of shopping while both were visiting Harvard in the United States. Qu worked in marketing at Bertelsmann from 2005 to 2007 before starting Xiaohongshu.

Rise to Success

In 2013, Miranda Qu co-founded Xiaohongshu (also known as RED or Little Red Book) with Charlwin Mao. The platform began as a guide for Chinese shoppers, providing a place for users to review products and share shopping experiences. It quickly evolved into an e-commerce platform, connecting global retailers with the Chinese market. Xiaohongshu gained significant traction with its blend of social media and e-commerce, particularly appealing to younger, affluent female consumers.

Key Business Strategies

Xiaohongshu's success lies in several key strategies. The platform focuses on user-generated content, allowing users to share reviews and recommendations. It also works directly with licensed brands to ensure product quality and authenticity. The integration of e-commerce with lifestyle sharing has accumulated extensive consumer data, and has allowed Xiaohongshu to become a new generation search engine.

Philanthropy

Information on Miranda Qu's specific philanthropic efforts is limited. However, through her work at Xiaohongshu, she contributes to the broader economic development and empowerment of Chinese consumers.

Career Timeline

2020

Named a Young Global Leader

Recognized by the World Economic Forum.

2018

Recognized as a Rising Businesswoman

Named one of the 25 Rising Businesswomen of 2018 by Forbes China.

2013

Co-founded Xiaohongshu

Launched the social e-commerce platform, also known as RED or Little Red Book.

Wealth Trajectory