Zhihu Inc. is a Beijing-headquartered Chinese online content community and question-and-answer platform, often described as 'China's Quora.' Launched on January 26, 2011 and founded by Zhou Yuan, Zhihu allows users to ask questions, write answers, publish articles, and follow topics across a broad range of subjects. The platform has historically attracted a highly educated user base and reports hundreds of millions of cumulative users. Zhihu has expanded beyond Q&A into adjacent businesses including paid content/membership, online education, e-commerce, and vocational training. It listed on the New York Stock Exchange in March 2021 under the ticker 'ZH' and completed a dual primary listing on the Hong Kong Stock Exchange in April 2022 under stock code '2390' (short name 'ZHIHU-W'), becoming the first Chinese internet company to complete a US-HK dual primary listing with a weighted voting rights structure.
Zhihu is publicly traded
IPO'd on Mar 26, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under ZH.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Total Funding
$888M
7 rounds
Last Private Valuation
$2.5B
Aug 1, 2018
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $888M across 7 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Aug 12, 2019 | Series F TechCrunch | $434M | — | Kuaishou Technology, Baidu |
| Aug 2018 | Series E | $270M | $2.5B | Tencent |
| Jan 12, 2017 | Series D | $100M | $1B | Capital Today |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series C
$300M
Nov 2015
Zhihu today
$2.5B
Aug 2018 · latest mark
Zhihu multiple
8.3x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Yuan Zhou
Founder, Chairman & CEO
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Baidu Tieba
Baidu's forum/community platform offering interest-based discussion boards in China, comparable to Reddit and a long-standing community-content competitor to Zhihu.
Xiaohongshu (RedNote)
Chinese lifestyle/social-commerce platform combining UGC content with e-commerce; competes with Zhihu for younger Chinese consumers' time and content-discovery share.
Chinese microblogging platform ('China's Twitter/X'), a major competitor for content distribution and influencer-driven knowledge sharing.
Toutiao (ByteDance)
ByteDance-owned AI-driven news and content aggregator that competes for user time and ad budgets in Chinese content discovery.
Quora
US-based Q&A community platform; the primary international analogue and ideological peer to Zhihu, though they serve different geographies.
Baidu
Dominant Chinese search engine and AI company whose search and feed products compete with Zhihu for knowledge-seeking queries and traffic.
Yes, Zhihu is publicly traded under the ticker symbol ZH on the NYSE. The company went public in Mar 26, 2021.
Zhihu trades under the ticker symbol ZH on the NYSE. It began trading in Mar 26, 2021.
Zhihu (ZH on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker ZH to place an order.
Zhihu went public in Mar 26, 2021 via ipo, with an offering valuation of approximately $2.5B. Zhihu is dual-listed publicly: NYSE since March 26, 2021 (ticker 'ZH', IPO priced at $9.50 per ADS) and HKEX Main Board since April 22, 2022 (stock code '2390', short name 'ZHIHU-W'). Zhihu was the first Chinese internet company to complete a primary dual listing in Hong Kong and the United States with a weighted voting rights structure.
Zhihu raised $888M across 7 disclosed funding rounds prior to its public listing.
Zhihu was founded by Yuan Zhou in 2011.
Zhihu is headquartered in Beijing, China.
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