5Y Capital

Musical.ly, founded in 2014 by Alex Zhu and Luyu Yang, was a video social network that enabled users to create, share, and discover short videos, primarily catering to a teenage audience. The platform allowed users to express themselves through various forms of creativity, including singing, dancing, comedy, and lip-syncing, with videos limited to 15 seconds. Since its launch, Musical.ly gained significant popularity, becoming the top free app in the iOS App Store in 20 countries, including the United States. The app fostered a global community for content creators and users alike. In 2017, Musical.ly was acquired by a subsidiary of ByteDance, and in 2018, it was merged into TikTok, further expanding its reach and influence in the social media landscape.

Musical.ly, founded in 2014 by Alex Zhu and Luyu Yang, was a video social network that enabled users to create, share, and discover short videos, primarily catering to a teenage audience. The platform allowed users to express themselves through various forms of creativity, including singing, dancing, comedy, and lip-syncing, with videos limited to 15 seconds. Since its launch, Musical.ly gained significant popularity, becoming the top free app in the iOS App Store in 20 countries, including the United States. The app fostered a global community for content creators and users alike. In 2017, Musical.ly was acquired by a subsidiary of ByteDance, and in 2018, it was merged into TikTok, further expanding its reach and influence in the social media landscape.

Musical.ly, founded in 2014 by Alex Zhu and Luyu Yang, was a video social network that enabled users to create, share, and discover short videos, primarily catering to a teenage audience. The platform allowed users to express themselves through various forms of creativity, including singing, dancing, comedy, and lip-syncing, with videos limited to 15 seconds. Since its launch, Musical.ly gained significant popularity, becoming the top free app in the iOS App Store in 20 countries, including the United States. The app fostered a global community for content creators and users alike. In 2017, Musical.ly was acquired by a subsidiary of ByteDance, and in 2018, it was merged into TikTok, further expanding its reach and influence in the social media landscape.

Musical.ly, founded in 2014 by Alex Zhu and Luyu Yang, was a video social network that enabled users to create, share, and discover short videos, primarily catering to a teenage audience. The platform allowed users to express themselves through various forms of creativity, including singing, dancing, comedy, and lip-syncing, with videos limited to 15 seconds. Since its launch, Musical.ly gained significant popularity, becoming the top free app in the iOS App Store in 20 countries, including the United States. The app fostered a global community for content creators and users alike. In 2017, Musical.ly was acquired by a subsidiary of ByteDance, and in 2018, it was merged into TikTok, further expanding its reach and influence in the social media landscape.

Xunlei Limited operates an Internet platform for digital media content in the People's Republic of China. The company’s platform is based on cloud technology that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content on their mobile devices; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game Website and mobile app; live video streaming and online advertising services; and cloud computing and other Internet value-added services. As of December 2019, its platform had approximately 88.3 million monthly unique visitors. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.

Xunlei Limited operates an Internet platform for digital media content in the People's Republic of China. The company’s platform is based on cloud technology that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content on their mobile devices; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game Website and mobile app; live video streaming and online advertising services; and cloud computing and other Internet value-added services. As of December 2019, its platform had approximately 88.3 million monthly unique visitors. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.

Miaopai develops a mobile based application for sharing short videos. Its service now has 70 million daily active users. Miaopai produces mobile device applications. It offers software products that allow users to customize videos and pictures. Chan Sheng and Han Kun founded Xuanyixia Technology in 2011 that later became Yixia Tech and then Miaopai. Its headquarters is in Beijing in China.

Miaopai develops a mobile based application for sharing short videos. Its service now has 70 million daily active users. Miaopai produces mobile device applications. It offers software products that allow users to customize videos and pictures. Chan Sheng and Han Kun founded Xuanyixia Technology in 2011 that later became Yixia Tech and then Miaopai. Its headquarters is in Beijing in China.

Miaopai develops a mobile based application for sharing short videos. Its service now has 70 million daily active users. Miaopai produces mobile device applications. It offers software products that allow users to customize videos and pictures. Chan Sheng and Han Kun founded Xuanyixia Technology in 2011 that later became Yixia Tech and then Miaopai. Its headquarters is in Beijing in China.

Phoenix New Media Limited is a Chinese new media company that operates an integrated content platform, primarily through its website ifeng.com and various mobile applications. The company provides a wide range of services across different channels, including online, mobile, and television, catering to diverse user interests such as news, finance, entertainment, and sports. It offers both net advertising and paid services, delivering content in various formats including text, images, audio, and video. The platform also facilitates interactive features like user comments and surveys, enhancing community engagement. Additionally, Phoenix New Media sources content from professional media institutions and user-generated contributions, allowing for a rich mix of information. Founded in 1996 and incorporated in 2007, the company is headquartered in Beijing and operates as a subsidiary of Phoenix Satellite Television (B.V.I) Holding Limited.

Phoenix New Media Limited is a Chinese new media company that operates an integrated content platform, primarily through its website ifeng.com and various mobile applications. The company provides a wide range of services across different channels, including online, mobile, and television, catering to diverse user interests such as news, finance, entertainment, and sports. It offers both net advertising and paid services, delivering content in various formats including text, images, audio, and video. The platform also facilitates interactive features like user comments and surveys, enhancing community engagement. Additionally, Phoenix New Media sources content from professional media institutions and user-generated contributions, allowing for a rich mix of information. Founded in 1996 and incorporated in 2007, the company is headquartered in Beijing and operates as a subsidiary of Phoenix Satellite Television (B.V.I) Holding Limited.

Xunlei Limited operates an Internet platform for digital media content in the People's Republic of China. The company’s platform is based on cloud technology that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content on their mobile devices; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game Website and mobile app; live video streaming and online advertising services; and cloud computing and other Internet value-added services. As of December 2019, its platform had approximately 88.3 million monthly unique visitors. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.

Xunlei Limited operates an Internet platform for digital media content in the People's Republic of China. The company’s platform is based on cloud technology that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content on their mobile devices; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game Website and mobile app; live video streaming and online advertising services; and cloud computing and other Internet value-added services. As of December 2019, its platform had approximately 88.3 million monthly unique visitors. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.

Xunlei Limited operates an Internet platform for digital media content in the People's Republic of China. The company’s platform is based on cloud technology that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content on their mobile devices; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game Website and mobile app; live video streaming and online advertising services; and cloud computing and other Internet value-added services. As of December 2019, its platform had approximately 88.3 million monthly unique visitors. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.