M iranda Qu, also known as Qu Fang, is a Chinese technology entrepreneur and the co-founder of Xiaohongshu, a unique and highly popular social media and e-commerce platform in China. She founded the company in 2013 with her partner, Charlwin Mao. Xiaohongshu, which translates to "Little Red Book," started as a platform for users to share their experiences and reviews of foreign luxury products. It quickly evolved into a powerful, content-driven community focused on fashion, beauty, travel, and lifestyle.
The platform's success lies in its blend of user-generated content, influencer marketing, and integrated e-commerce, which allows users to seamlessly purchase the products they see in posts. Under Qu's leadership, Xiaohongshu has become a major cultural force among young, urban Chinese consumers and a crucial marketing channel for global brands looking to tap into the Chinese market. The company's soaring private valuation, backed by major investors like Alibaba and Tencent, has made Qu one of China's most successful self-made female tech billionaires.
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Miranda Qu Fang is a Chinese businesswoman, the self-made billionaire Co-founder and Chief Operating Officer (COO) of Xiaohongshu (Little Red Book), a dominant Chinese social media and e-commerce platform specializing in lifestyle and consumer reviews. Her career is rooted in media, advertising, and social networking.
Qu holds a degree in Advertising from Beijing Technology and Business University. Her philosophical approach centers on authenticity, community trust, and vertical integration (combining social media content with direct e-commerce sales). Her structural contribution is tied to pioneering the content-driven social commerce model in China.
Miranda Qu co-founded Xiaohongshu with Charlwin Mao in 2013, initially as a PDF guide for Chinese shoppers going abroad. Her strategic genius was the pivot to a social media content-sharing platform where users (KOLs/KOCs) created authentic reviews that drove buying decisions. Under her leadership as COO, the company achieved hyper-growth, reaching $20 billion in valuation.
Her structural contribution is immense: pioneering the content-to-commerce model that transformed online retail in China. Her wealth is secured by the colossal, long-term, stable valuation of the social media and e-commerce sector.
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Co-founds Xiaohongshu (Little Red Book) with Charlwin Mao (Founding).
Xiaohongshu valuation exceeds $3 billion (Financial Milestone 1).
Xiaohongshu valuation reaches $20 billion (Valuation Apex).
Continues as Co-founder and COO, guiding the global social commerce giant (Executive Oversight).
Miranda Qu's wealth is concentrated in her founding equity and continued executive leadership of the private technology giant, Xiaohongshu (Little Red Book).
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Miranda Qu's social impact is structural, stemming from Xiaohongshu's role in shaping Chinese consumer trends and providing a platform for small businesses and influencers to monetize content. Her company contributes significantly to digital inclusion and the creative economy. Her personal philanthropy supports various community and educational initiatives.
Her structural contribution is tied to the successful industrialization of the content-driven e-commerce model.
Miranda Qu maintains the professional, composed style of a technology executive. Her attire is consistently formal and high-quality, favoring tailored suits. Her aesthetic reflects serious authority and stability, typical of a pioneer in the specialized social commerce sector.
Residing in Shanghai, China, her luxury is the immense security and financial reward derived from her multi-billion dollar fortune. Her life is dedicated to technology innovation, strategic management, and the long-term stewardship of the Xiaohongshu platform.
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+0.1% | +$4.05M
+0.21% | +$7.04M
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