Alibaba Group is the largest online and mobile commerce company globally, primarily known for its extensive e-commerce platforms that connect buyers and sellers. It operates notable marketplaces in China, including Taobao, which focuses on consumer-to-consumer transactions, and Tmall, which caters to business-to-consumer interactions. The company's core business lies in its China commerce retail division, which is a significant source of cash flow. In addition to retail and wholesale transactions, Alibaba also generates revenue from various sectors, including international commerce, local consumer services, cloud computing, digital media and entertainment, and logistics through its Cainiao network. Alibaba's diverse portfolio positions it as a key player across multiple industries, including retail, logistics, and technology.
Xreal is a developer of mixed reality technology based in Beijing, China, founded in 2017. The company specializes in creating lightweight mixed reality glasses, with its flagship product, Nreal Light, designed for comfort and vivid display quality. These glasses utilize advanced spatial computing algorithms and environment-understanding AI to deliver an immersive user experience. Xreal aims to make mixed reality technology accessible to a broader audience, while also empowering developers to create innovative applications that enhance entertainment and productivity. Through its products and initiatives, Xreal seeks to unlock the full potential of mixed reality in everyday life.
Xreal
Series C in 2022
Xreal is a developer of mixed reality technology based in Beijing, China, founded in 2017. The company specializes in creating lightweight mixed reality glasses, with its flagship product, Nreal Light, designed for comfort and vivid display quality. These glasses utilize advanced spatial computing algorithms and environment-understanding AI to deliver an immersive user experience. Xreal aims to make mixed reality technology accessible to a broader audience, while also empowering developers to create innovative applications that enhance entertainment and productivity. Through its products and initiatives, Xreal seeks to unlock the full potential of mixed reality in everyday life.
Sandbox VR
Series B in 2021
Sandbox VR, Inc., founded in 2016 and based in Los Angeles, California, specializes in providing premium virtual reality gaming experiences. The company utilizes advanced technologies such as full-body motion capture and virtual reality to create fully immersive environments that allow users to engage in social multiplayer games. By combining real-time motion capture with VR, Sandbox VR offers a unique and engaging experience that transports players into interactive storylines, making it one of the leading providers of immersive virtual reality entertainment. Additionally, Sandbox VR has expanded its presence to locations in the Bay Area and Hong Kong, further establishing itself in the global VR market.
Hello TransTech
Venture Round in 2021
Hellobike develops and provides a bike sharing mobile application. Its application promotes the development of the shared bicycle segment market through the cooperation with the traditional car rental businesses and scenic spot supervision agencies of the tourist attractions. Han Mei founded Hellobike in 2016 as Shanghai Junzheng Network Technology. Its headquarters is in Shanghai in China.
Xiaohongshu
Series E in 2021
Xiaohongshu, founded in 2013 and based in Shanghai, is a lifestyle sharing platform that facilitates the exchange of experiences through text, images, and videos. Initially created to assist overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle topics, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform allows users to post their favorite products, share shopping experiences, and discover global merchandise, particularly in the luxury and fashion sectors. It serves as both a social network and a social e-commerce platform, enabling users to review and purchase products from abroad.
Matridx
Funding Round in 2021
Matridx is a company based in Hangzhou, China, specializing in the development, production, and sales of molecular diagnostic products aimed at infectious diseases. The company offers PDC-Seq, a technology that enables high-throughput sequencing of nucleic acids from samples collected from infected patients. Matridx utilizes advanced molecular technologies, including gene editing techniques and high-throughput sequencing, to create reliable genetic testing solutions. The company's focus is on simplifying, accelerating, and enhancing the diagnostic process for infectious pathogens, ultimately supporting major medical companies in their diagnostic efforts.
GOGOX
Venture Round in 2021
GoGoX, established in 2013, is a pioneering app-based platform for intra-city logistics in Asia, focused on providing efficient delivery services through innovative technology. The company connects individuals and businesses with thousands of drivers for real-time delivery needs, enhancing the everyday delivery experience. Originally launched in Hong Kong, GoGoX has expanded its operations to Singapore, South Korea, Mainland China, Taiwan, and India, with plans for further global growth. The company operates under two main brands: Kuaigou Dache in Mainland China and GoGoX in other Asian regions. Following a merger with 58 Suyun in 2017, GoGoX significantly increased its footprint in the logistics market, now serving over 300 cities and boasting a network of more than 8 million registered drivers. The platform offers features like instant matching and real-time tracking, facilitating a seamless connection between cargo van drivers and users, thus providing a convenient delivery experience while creating business opportunities for drivers.
Leyan Technologies
Series C in 2021
Leyan Technologies is an artificial intelligence company based in Shanghai, China, founded in April 2016. It specializes in developing digital solutions for the robotics industry, focusing on an AI technology platform that enhances human-computer interaction. The company offers intelligent customer service robots and applies its AI technologies across various sectors, including e-commerce, financial consulting, and medical consultation. Leyan Technologies aims to improve customer experiences and streamline service delivery through its innovative solutions.
Zuoyebang
Series E in 2020
Zuoyebang is an online education startup based in Beijing, China, founded in 2014 by Hou Jianbin. The company focuses on providing educational products and services for primary and high school students, utilizing artificial intelligence to enhance learning experiences. Its platform allows students to upload homework questions and seek answers, making it easier for them to tackle study-related challenges. In addition to homework assistance, Zuoyebang offers online courses, live lessons, and evaluations for students from kindergarten through 12th grade. The company has gained significant backing from prominent investors, including Baidu, Alibaba Group, Tiger Global Management, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners.
SAIC Mobility
Series A in 2020
SAIC Mobility, founded in 2018 and based in Shanghai, China, operates as a comprehensive mobility service provider. The company specializes in online car-hailing services, which include features such as airport pickup, personal online car rentals, corporate travel solutions, and taxi services. By offering a range of customizable travel options, SAIC Mobility aims to deliver convenient and efficient transportation experiences for both individual and corporate clients.
Sun Art Retail Group
Acquisition in 2020
Sun Art Retail Group is a retail company with hypermarket and fast-growing e-commerce businesses. Sun Art Retail operates its hypermarket business under two recognized banners – “Auchan” and “RT-Mart”. As of December 2019, Sun Art Retail had a total of 486 outlets in China with a total gross floor area (“GFA”) of approximately 13 million square meters, covering 232 cities across 29 provinces, autonomous regions, and municipalities. The priorities of Sun Art Retail Group is to restructure hypermarket complexes, to explore multi-formats and omni-channels, and to become a leader in digital transformation for physical stores and a benchmarking enterprise for New Retail.
YTO Express
Post in 2020
Shanghai YTO Express (Logistics) Co., Ltd. is a prominent private express delivery enterprise in China, recognized for its commitment to enhancing the country's express services. Founded in 2020 by Yu Huijiao, who retains a significant stake, the company operates as one of the top four national express delivery companies in China under the Tongda model. This model involves a network partnership where YTO provides line-haul transportation, sorting, and waybill services, while local network partners manage first-mile pickup and last-mile delivery. YTO Express aims to establish itself as an iconic brand within the sector, positioning itself as the preferred choice for Chinese consumers. The company plays an influential role in the industry, serving as a Vice-president Unit of both the China Express Association and the Shanghai Express Trade Association.
Xiaoman Technology
Acquisition in 2020
Xiaoman Technology, established in 2013 and based in Shenzhen, China, specializes in providing foreign trade solutions that leverage big data and artificial intelligence. The company develops SaaS-based business management services that encompass customer relationship management, marketing, sales management, and other core business functions. Its offerings are designed to be flexible and compatible, catering to the standardization needs of small and micro enterprises while also addressing the customization requirements of larger organizations. By focusing on comprehensive customer-oriented research and development, as well as effective sales, marketing, and service strategies, Xiaoman Technology aims to enhance customer service, improve sales productivity, and help businesses expand their international operations.
Xiaoman Technology
Series D in 2020
Xiaoman Technology, established in 2013 and based in Shenzhen, China, specializes in providing foreign trade solutions that leverage big data and artificial intelligence. The company develops SaaS-based business management services that encompass customer relationship management, marketing, sales management, and other core business functions. Its offerings are designed to be flexible and compatible, catering to the standardization needs of small and micro enterprises while also addressing the customization requirements of larger organizations. By focusing on comprehensive customer-oriented research and development, as well as effective sales, marketing, and service strategies, Xiaoman Technology aims to enhance customer service, improve sales productivity, and help businesses expand their international operations.
Beijing Helijia Information Technology
Venture Round in 2020
Beijing Helijia Information Technology Co., Ltd. is a Chinese company that specializes in beauty, hair, and nail services, operating through a mobile application for convenient customer bookings. Founded in 2014 and based in Beijing, Helijia offers a diverse range of services, including hairdressing, eyelashes, hand and foot care, make-up styling, and body shaping. The platform also features on-demand manicure services, allowing users to select manicurists or combinations based on their location. By eliminating the overhead costs associated with physical stores, Helijia provides competitive pricing. The company employs a merit-based rating system for its service providers, encouraging high-quality performance and customer satisfaction. Additionally, Helijia offers various skincare products, including a range of hyaluronic acid items aimed at moisturizing and anti-aging benefits.
E-House
Post in 2020
E-House is a real estate services company in China offering a comprehensive online-to-offline (O2O) service platform. It offers primary sales agency services, online real estate services, real estate information and consulting services, real estate advertising services, real estate promotional event services, secondary real estate brokerage services, and real estate investment fund management services. E-House has served more than 80% of domestic real estate developers, including Vanke, Evergrande, Wanda, Longfor, Poly Real Estate, and many other real estate industry giants, and worked on more than 200,000 real estate projects. E-House was founded in 2004 and was first listed on the New York Stock Exchange in August 2007.
E-House
Post in 2020
E-House is a real estate services company in China offering a comprehensive online-to-offline (O2O) service platform. It offers primary sales agency services, online real estate services, real estate information and consulting services, real estate advertising services, real estate promotional event services, secondary real estate brokerage services, and real estate investment fund management services. E-House has served more than 80% of domestic real estate developers, including Vanke, Evergrande, Wanda, Longfor, Poly Real Estate, and many other real estate industry giants, and worked on more than 200,000 real estate projects. E-House was founded in 2004 and was first listed on the New York Stock Exchange in August 2007.
Xpeng Motors
Series C in 2020
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
Best
Post in 2020
Best Logistics (百世物流) is a Chinese comprehensive logistics supply chain service provider. The company provides comprehensive supply chain design and logistics services for domestic and foreign enterprises through its complete and systematic partner authentication management system, professional supply chain design solution, advanced information technologies, and comprehensive self-developed operation platform GeniMax system. Founded in 2007, Best Logistics combines internet, information technology, and traditional logisctics services to create a new subversive commercial model to integrate the large logistics industry in China. The company has established multilevel operation centers nationwide, with a distribution network that covers the whole country.
Keruyun
Acquisition in 2020
Keruyun Inc. is a leading provider of cloud-based software as a service (SaaS) solutions tailored for the food and beverage industry, focusing on reservations, queuing, take-outs, ordering, cashier systems, membership cards, coupons, and supply chain services. Founded in 2012 and headquartered in Beijing, China, Keruyun integrates advanced software and hardware to enhance management efficiency for merchants in catering and retail sectors. The company has expanded significantly, establishing 34 branches across major cities and employing over 2,000 staff. With a strong commitment to innovation, Keruyun has developed a suite of products that includes solutions like OnPOS mini and Wallet Payment, and it aims to streamline operations for more than 40,000 clients nationwide. As a subsidiary of Alibaba Local Services Company, Keruyun continues to drive growth and transformation within the service industry through intelligent management systems.
Transinfo Group
Post in 2019
Beijing Transinfo Technology Group is a Chinese independent entrepreneurial company that provides transportation products and solutions. Founded in 2000, Transinfo Group has nearly 20 branches and subsidiaries across the country and more than 1000 employees. It has a business and service network all over the country and three business modules: the smart transportation products and solutions for cities; the smart transportation products and solution for highways; and dynamic transportation information service for the public.
Alibaba Health Information Technology
Post in 2019
Alibaba Health Information Technology Limited, an investment holding company, provides product tracking, recalling, and enforcing information services in the People's Republic of China. It offers product tracking and logistics information services to manufacturers; and product information and authentication services to consumers, as well as product identification, authentication, and tracking systems (PIATS) principally for the drug industry. The companys PIATS is also used for food and beverage, cosmetics, and agricultural resources products. It also operates cloud hospital platform to connect doctors, patients, pharmacies, and third-party medical service providers; and online and offline pharmacy platform to connect consumers with offline retail pharmacies by allowing parties to exchange relevant information online. The company was formerly known as CITIC 21CN Company Limited and changed its name to Alibaba Health Information Technology Limited in September 2014. Alibaba Health Information Technology Limited is based in Causeway Bay, Hong Kong.
Red Star Macalline
Post in 2019
Red Star Macalline is a furniture retailer in China.
Teambition
Acquisition in 2019
Teambition is a prominent collaboration platform in China that enhances team collaboration by streamlining the sharing and communication of tasks, files, posts, and meetings. The platform offers a web application, desktop applications, and mobile apps, allowing users to collaborate with their teams from anywhere at any time. Teambition's iPhone app was recognized as one of the best apps of 2015 by the Apple Store. The platform has garnered over 3 million users, including major companies across various industries. Teambition has successfully raised funding from several venture capital firms and received strategic investment from Tencent in 2016. In 2014, it was recognized as one of the top 50 investment value enterprises in China. The platform serves as an all-in-one solution for task management and collaboration, integrating tasks, meetings, files, notes, and team chat into a single accessible interface, thus improving work efficiency for its users.
Qutoutiao
Post in 2019
Qutoutiao Inc. is the No. 2 mobile content aggregator in China in terms of monthly average users (MAUs) and daily average users (DAUs). Their flagship mobile application, launched in June 2016, Qutoutiao, meaning “fun headlines” in Chinese, aggregates articles and short videos and presents customized feeds to users. These feeds are optimized in real time based on each user’s profile, behavior and social relationships through their proprietary AI-empowered content recommendation engine. They represent a new generation of technology-driven content platforms and their technology brings relevant information and entertainment to users, stimulates users’ desire to read, and ultimately improves the knowledge exchange in society. Their innovative user account system and gamified user loyalty program allows registered users to earn loyalty points by referring new users to register on Qutoutiao, by consuming content or by engaging on Qutoutiao. The gamified loyalty point system not only helps them keep users more engaged and enhance user stickiness, but also enables them to track users’ long-term behavior and optimize content recommendation.
Infinity Augmented Reality
Acquisition in 2019
Infinity Augmented Reality Ltd. is a software company specializing in the development of an augmented reality platform that enhances user interaction with digital content in real-world environments. Founded in 2006 and headquartered in Ramat Gan, Israel, with an additional office in Shanghai, China, the company offers a software platform that enables users to experience fully interactive three-dimensional augmented reality through natural hand gestures. Its technology maps the surrounding environment, allowing for the seamless integration of virtual elements with physical spaces. Infinity Augmented Reality also provides three software development kits that serve as foundational tools for augmented reality developers and manufacturers of wearable devices. This innovative approach aims to create a new digital landscape where users can engage with augmented content naturally and intuitively.
Henan Craftsmanship Information Technology
Series A in 2019
The brand of baby sitter is a comprehensive brand of lighting installation, cleaning and maintenance. It provides services such as installation, cleaning, maintenance and repair of various hotels, apartments and home lamps. At present, oTHEIR ur service network has spread all over 304 cities in China. The area covers the cities and regions of the domestic third-tier and above.
1KMXC
Corporate Round in 2018
1KMXC is a high-tech research and development company for artificial intelligence robot solutions. The company provides robotic car wash service that covers many provinces and cities across China. It has obtained Alibaba investment with a financing amount of over 100 million.
YCloset
Corporate Round in 2018
At YCloset, users were able to enroll for a monthly fee and rent clothes and accessories free of charge. Founded in 2015, the Beijing-based online platform operated in about 40 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen. They had partnered with over a hundred fashion brands providing the rental service. The firm announced that it would close down its operations by August 15, 2021.
Tungee
Series A in 2018
Tungee, established in 2016, is a provider of intelligent sales solutions for business-to-business enterprises. By utilizing big data and artificial intelligence technologies, including natural language processing and machine learning, Tungee offers a comprehensive platform that facilitates lead mining, business opportunity engagement, customer relationship management, and order analysis. This platform is designed to help enterprises efficiently identify, contact, and manage customers, thereby reducing customer acquisition costs and enhancing overall sales performance. Tungee has positioned itself as a leader in the Chinese intelligent sales sector, serving over 3,000 enterprise clients, including notable companies such as Alibaba and China Mobile. Through its innovative approach, Tungee addresses the challenges faced by businesses in sales forecasting and customer management.
Shanghai Canxing Cultural and Broadcast Company
Series B in 2018
Shanghai Canxing Cultural and Broadcast Company, which does business as Starry Production, produces television programs in China. Shanghai Canxing Cultural and Broadcast Company is headquartered in China. The company operates as a subsidiary of Star (China) Ltd.
Focus Media
Post in 2018
Focus Media Holding Limited is a prominent digital media company based in Central, Hong Kong, specializing in out-of-home advertising through a diverse array of platforms. The company operates an extensive network of liquid crystal display (LCD) screens and other advertising formats strategically located in high-traffic areas, including malls, hotels, and residential buildings. Its offerings encompass video media in commercial buildings, digital displays in stores, advertising in elevators, and large outdoor LED screens, as well as traditional billboards and cinema advertising. With a significant presence across approximately 112 cities in China, Focus Media has established a vast network that includes over 172,000 digital displays, more than 505,000 traditional poster frames, and extensive cinema partnerships. The company is known for its innovative business models and targeted audience segmentation, making it a key player in the media advertising industry.
Suning.com
Series A in 2018
Suning.com is a prominent Chinese online shopping platform that offers a wide range of products, including clothing, snacks, electronics, and appliances. The company emphasizes a comprehensive retail experience by integrating smart retail solutions with full category operations and omni-channel services, enabling customers to shop seamlessly through physical stores, mobile devices, PCs, and TVs. Additionally, Suning.com leverages logistics and global expansion strategies to enhance its service offerings. Founded in 1990, Suning Holdings Group, which includes Suning.com, has established itself as a leading commercial enterprise in China, recognized for its significant annual revenue and diverse business interests across various sectors, including logistics, financial services, and media. Suning's commitment to improving the quality of life through technological advancements and innovative retail solutions underscores its influence in the retail landscape.
BabyTree
Corporate Round in 2018
BabyTree Group is a leading parenting website in China, designed to support the growing community of approximately 60 million parents in the country. Established in 2007 and headquartered in Beijing, the company operates primarily through its Babytree Parenting mobile app and babytree.com, which facilitate communication among expecting and young parents while providing essential advice on pregnancy and parenting. Additionally, BabyTree runs WeTime, a platform dedicated to child development that offers early education content and social recording tools. The company also features Meitun Mama, an e-commerce platform focused on maternity and child products. By addressing the diverse needs of young families—learning, sharing, recording, and shopping—BabyTree aims to be a comprehensive resource for parents navigating the challenges of parenting in China's rapidly growing maternity and baby industry.
Xiaohongshu
Series D in 2018
Xiaohongshu, founded in 2013 and based in Shanghai, is a lifestyle sharing platform that facilitates the exchange of experiences through text, images, and videos. Initially created to assist overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle topics, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform allows users to post their favorite products, share shopping experiences, and discover global merchandise, particularly in the luxury and fashion sectors. It serves as both a social network and a social e-commerce platform, enabling users to review and purchase products from abroad.
ZTO Express
Post in 2018
ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network in China covering over 96% of China’s cities and counties as of December 31, 2016. ZTO is both a key enabler and a direct beneficiary of China’s fast-growing e-commerce market, and has established itself as one of the largest express delivery service providers for millions of online merchants and consumers transacting on leading Chinese e-commerce platforms, such as Alibaba and JD.com. Globally, ZTO provides delivery services in key overseas markets through its business partners as it expands coverage of international express delivery by collaborating with international industry players. ZTO provides fast, safe and cost-effective express delivery services. ZTO is guided by its core values of “Shared Success, Trust and Accountability, Innovation and Entrepreneurship” and its corporate mission of “Bringing Happiness to More People through Their Services.” The Company has been recognized with multiple awards for its services, such as ”Top Ten Influential Brands of Chinese Express delivery Industry” and “Top Ten Excellent Brands to Customers’ Satisfaction in Chinese Express Delivery Industry”. ZTO is committed to supporting its employees’ well-being and success while creating value for their clients. All ZTOers are striving to achieve the common goal “to build a dignified and respected leading global logistics service provider”.
Souche
Series F in 2018
Souche, a leading automotive new retail platform in China, is founded by Mr. Yao Junhong, the former CAR Inc. founding team member and vice president, in December, 2012. By August 2018, Souche raised over $1.2 billion from investment or ganizations, including Alibaba group, Ant Financial Services Group, Morningside Venture Capital, Warburg Pincus, Primavera Capital Group, etc. Souche joined '2017 New Global Unicorns Ranking' by Silicon Valley global research organization PitchBook. Souche thrives to become the big intelligent brain of automotive industry. Souche has gradually constructed integrated automotive new retail ecosystem through years of development. Souche is regarded as 'the Alibaba of Chinese automotive industry'. Today, Souche and its relative corporations dedicate in numerous businesses, which include automotive financial leasing platform Tangeche, B2B industrial chain service platform Chehang168, Used-car online trade platform Cheyipai, Car sharing customized platform TIHD, SaaS products for used-car automotive dealers Dafengche and new-car sub-channels automotive dealership network Maicheguanjia, automotive dealership group ERP system provider Breakthrough, Kingdee and automotive supply chain warehouse logistics integrated service provider Iyunche, etc.
C-SKY Microsystems
Acquisition in 2018
Hangzhou C-SKY Microsystems Co., Ltd. (“C-SKY Microsystems”) is an integrated circuit design house dedicated to 32-bit high performance low-power embedded CPU and chip architecture license as its core business. Founded in 2001, C-SKY Microsystems is headquartered at Hangzhou National High-Tech Industrial Development Zone with a branch office located in Pudong New Area, Shanghai. Over more than 10 years, C-SKY Microsystems has been developing innovative embedded CPUs with leading technologies. Its proprietary 32-bit C-SKY series of embedded CPU cores have such benefits as ultra-low power, high performance, high code density and ease of use.
Video++
Series B in 2018
Video++ provides video-streaming services for users within and outside China. It began operation in April 2014, with its headquarters in Shanghai in China.
SenseTime
Series C in 2018
SenseTime Group Limited is an artificial intelligence company specializing in computer vision and deep learning technologies. Founded in 2014 and headquartered in Beijing, China, the company develops a wide range of AI solutions, including face and body analysis, image and video recognition, autonomous driving technologies, and medical image analysis. SenseTime's proprietary AI infrastructure, SenseCore, supports scalable and efficient AI software platforms tailored for various applications across sectors such as smart cities, intelligent transportation, healthcare, and finance. The company is also active in advancing industry standards related to data security and ethical AI practices, having contributed to numerous national and international guidelines. With a presence in multiple countries, including Japan, Singapore, and several locations in China, SenseTime aims to drive innovation and foster sustainable productivity through its AI technologies.
Easyhome
Private Equity Round in 2018
Easyhome is a prominent home improvement and furniture retail chain in China, operating 223 stores across 29 provinces, making it the second largest in its sector. The company is involved in various aspects of retail, including the development of commercial properties, shopping mall decoration, and an e-commerce platform. In addition to its home furnishing stores, Easyhome manages department stores, shopping malls, discount supermarkets, and hypermarkets. The firm also engages in shop leasing and project development, contributing to its diverse business portfolio. Through its extensive network and operations, Easyhome aims to meet the growing demand for home improvement products and services in the Chinese market.
ELEME
Acquisition in 2018
ELEME operates as an online ordering platform. It provides a variety of gourmet food takeaway services. Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff, and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently. Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.
Dalian Wanda Group
Venture Round in 2018
Dalian Wanda Group, founded in 1988 and headquartered in Beijing, China, is a diversified enterprise with operations in commercial property, luxury hotels, culture and tourism, and department stores. The company is a leading player in the commercial real estate sector, offering management and investment services. Additionally, it operates Wanda Cinemas, focusing on the investment, construction, and management of cinemas, as well as film distribution and related services. By 2013, Dalian Wanda Group reported substantial financials, with total assets of 380 billion yuan and an annual income of 186.6 billion yuan. Its extensive portfolio includes various cultural, film, sports, and children's entertainment franchises, reflecting its commitment to enhancing the consumer experience in diverse sectors.
Xpeng Motors
Series B in 2018
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
Moredian
Series A in 2018
Moredian is a recognition technology provider based in Hangzhou, China, specializing in artificial intelligence applications related to facial recognition. Founded in December 2016, the company offers a range of solutions including smart office platforms for visitor management, intelligent access control systems, and attendance tracking systems. Moredian's technology enhances security management through its various applications, which also include smart campus solutions and community management tools like visual cloud intercoms and mobile personnel applications. By integrating advanced AI technology with industry-specific needs, Moredian aims to create a cohesive ecosystem that supports smart office and retail environments, serving both industrial and corporate clients.
Xpeng Motors
Series A in 2017
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
Sun Art Retail Group
Post in 2017
Sun Art Retail Group is a retail company with hypermarket and fast-growing e-commerce businesses. Sun Art Retail operates its hypermarket business under two recognized banners – “Auchan” and “RT-Mart”. As of December 2019, Sun Art Retail had a total of 486 outlets in China with a total gross floor area (“GFA”) of approximately 13 million square meters, covering 232 cities across 29 provinces, autonomous regions, and municipalities. The priorities of Sun Art Retail Group is to restructure hypermarket complexes, to explore multi-formats and omni-channels, and to become a leader in digital transformation for physical stores and a benchmarking enterprise for New Retail.
Souche
Series E in 2017
Souche, a leading automotive new retail platform in China, is founded by Mr. Yao Junhong, the former CAR Inc. founding team member and vice president, in December, 2012. By August 2018, Souche raised over $1.2 billion from investment or ganizations, including Alibaba group, Ant Financial Services Group, Morningside Venture Capital, Warburg Pincus, Primavera Capital Group, etc. Souche joined '2017 New Global Unicorns Ranking' by Silicon Valley global research organization PitchBook. Souche thrives to become the big intelligent brain of automotive industry. Souche has gradually constructed integrated automotive new retail ecosystem through years of development. Souche is regarded as 'the Alibaba of Chinese automotive industry'. Today, Souche and its relative corporations dedicate in numerous businesses, which include automotive financial leasing platform Tangeche, B2B industrial chain service platform Chehang168, Used-car online trade platform Cheyipai, Car sharing customized platform TIHD, SaaS products for used-car automotive dealers Dafengche and new-car sub-channels automotive dealership network Maicheguanjia, automotive dealership group ERP system provider Breakthrough, Kingdee and automotive supply chain warehouse logistics integrated service provider Iyunche, etc.
Ejoy Technology
Acquisition in 2017
EJOY Guangzhou is a Chinese company focused on entertainment through the development of online games. Its business model focuses on independent R&D, cooperative development, and agency operations. One of its games, “Douro Continent,"" has received more than 60 million clicks. EJOY was founded by Zhan Zhonghui and is based in Guangzhou, China.
Cainiao Logistics
Acquisition in 2017
Cainiao Logistics provides logistics services to Alibaba Group. It operates warehouses and express delivery stations. Cainiao Logistics also operates a logistics information platform which provides real-time access to information for both buyers and sellers. Shen Guojun founded China Smart Logistics Network on May 28, 2013 that later became Cainiao Logistics, with its headquarters in Shenzhen in China.
China Unicom
Post in 2017
China Unicom, officially known as China United Network Communications Group Co., Ltd., is an integrated telecommunications operator established on January 6, 2009, through the merger of the former China Unicom and China Netcom. The company provides a wide range of telecommunications services, including mobile voice and data services, fixed-line broadband access, and various value-added services. It also offers bundled service packages that combine mobile and fixed-line offerings. In addition to basic telecommunications services, China Unicom engages in internet data center operations, cloud computing, big data, and information technology services. The company supports telecommunications network construction and provides consulting services for industry projects. With a significant domestic and international presence, China Unicom serves millions of mobile and fixed-line broadband subscribers and has established subsidiaries in 31 provinces across China and various countries worldwide. Based in Central, Hong Kong, China Unicom continues to evolve in the telecommunications landscape by diversifying its service offerings and expanding its technological capabilities.
Yiguo.com
Series D in 2017
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.
ELEME
Funding Round in 2017
ELEME operates as an online ordering platform. It provides a variety of gourmet food takeaway services. Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff, and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently. Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.
Shanghai Baison Software
Funding Round in 2017
Shanghai Baison Software Co provide management systems for retail companies. Shanghai Yum Software Co., Ltd. was established in 2000, is the leading full-channel retail solutions service providers, for the Xiefu, sports, furniture, cosmetic, beauty, jewelry, food and other brands to provide management consulting and information solution Program, covering retail distribution, supply chain, e-commerce, mobile applications, large data and other fields. At present, Yum software in the country has more than 100 Star Alliance service agencies, to provide professional and timely service support, security and security of more than 30 million stores and more than 20,000 online stores daily operations. Mobile Internet Times Yum Software is committed to providing retail retail solutions and operations services to Chinese retailers to help customers achieve new retail transformation and business innovation, the achievements of the wisdom of the brand, to create extraordinary value.
Lianhua Supermarket Holdings
Post in 2017
Lianhua Supermarket Holdings Co., Ltd. operates a diverse range of retail formats, including supermarkets, hypermarkets, and convenience stores, primarily in eastern China. The company manages its outlets under several brand names, including Century Mart, Lianhua Supermarket, Hualian Supermarket, and Lianhua Quik. It provides a variety of services beyond traditional retail, such as selling merchandise to wholesalers, offering logistics support for wholesale operations, and selling products online. As of the end of 2019, Lianhua had established a significant presence with over 3,350 outlets across 21 provinces and municipalities. Founded in 1991 and headquartered in Shanghai, Lianhua Supermarket is a subsidiary of Shanghai Bailian Group Co., Ltd., and primarily derives its revenue from its supermarket operations.
Damai.cn
Acquisition in 2017
Damai.cn (大麦网) is an e-commerce integration platform and entertainment community for online ticket booking in China. Its diversified transmission business has straddled five major areas of cultural and creative industry domains including entertainment, sports, tourism, Internet, and software development. Damai.cn ownse chain stores covering the north, east, and central China for 10 years. At the same time, in more than 30 cities of China, it has successfully offered the exclusive ticket booking system and marketing management teams for important entertainment and sport events. The predecessor of damai.cn is China Ticket Online, and it is a key ticket booking website in China.
Youon Bike
Series A in 2017
The company's original intention is to become the leading international green transport system suppliers and operators, through their IoT technology and large data platform, Youon provides a comprehensive and three-dimensional green transport service for partnered cities. Youon also acts as a stimulus in promoting the whole society to develop a "green travel, low-carbon environmental protection," mentality and living habit for the city in different regions in China. Youon has successfully in more than 200 counties across the country to promote public bicycle projects, the cumulative construction of 30,000 public bicycle site, 700,000 public bicycles and system equipment to provide technical support and services. Now the Youon national public bicycle system has over 15 million active users, the highest number of rent & return per day was recorded at 2.2 million times. In order to better serve the general public, Youon has set up 105 branches and operations centers nationwide, and 4,500 Youon Employees are dedicated to providing green and convenient service to the public. Youon now focuses on technological innovation and service innovation, their platform "Internet +" Yongan public bicycle system, support Alipay, micro letter, APP three ways of QR Code scan for bike rental.
ASR Microelectronics
Series A in 2017
ASR Microelectronics (Shanghai) Co., Ltd. specializes in the research, development, and manufacturing of semiconductors for mobile intelligent communication terminals and consumer electronics. Founded in 2015 and headquartered in Shanghai Zhangjiang Hi-Tech Park, the company produces a range of products including smartphones, modems, and integrated system-on-chip (SoC) solutions. ASR's offerings support various communication standards, including 2G, 3G, and 4G technologies, and encompass applications in the Internet of Things and navigation systems. The company has established a dedicated research and development team in both the United States and South Korea, focusing on platform development and technical support. In 2017, ASR expanded its capabilities through the acquisition of Marvell's Mobile Business Unit, enhancing its position in the market as a leading baseband provider in China. Major investors include several venture capital firms, highlighting ASR's strong financial backing and commitment to technological innovation in wireless communication chips.
Dianwoda
Series D in 2016
Dianwoda is a company that specializes in distribution and short-distance logistics services, offering on-demand delivery solutions for both commercial and individual customers. Established in 2015 by Dianwoba, an online-to-offline service provider, Dianwoda has integrated its operations with its parent company. The company employs a crowdsourced network of delivery contractors to ensure rapid service, guaranteeing one-hour same-day delivery. This capability allows businesses to respond to unexpected demand and provides users with prompt access to their favorite products from restaurants and retailers across major Chinese cities.
Infinity Augmented Reality
Post in 2016
Infinity Augmented Reality Ltd. is a software company specializing in the development of an augmented reality platform that enhances user interaction with digital content in real-world environments. Founded in 2006 and headquartered in Ramat Gan, Israel, with an additional office in Shanghai, China, the company offers a software platform that enables users to experience fully interactive three-dimensional augmented reality through natural hand gestures. Its technology maps the surrounding environment, allowing for the seamless integration of virtual elements with physical spaces. Infinity Augmented Reality also provides three software development kits that serve as foundational tools for augmented reality developers and manufacturers of wearable devices. This innovative approach aims to create a new digital landscape where users can engage with augmented content naturally and intuitively.
Ruhnn Holding Limited
Post in 2016
Ruhnn Holding Limited operates key opinion leader (KOL) cultivation and incubation platforms in China, focusing on the sale of fashion and lifestyle products through its online stores. The company offers a variety of items, including women's apparel, cosmetics, shoes, and handbags, catering to consumer demands. Additionally, Ruhnn provides KOL sales and advertising services to third-party merchants, facilitating brand promotion and product sales. As of March 31, 2020, the company had established 19 online stores and collaborated with 168 signed KOLs. Founded in 2016 and headquartered in Hangzhou, Ruhnn Holding has positioned itself as a significant player in the evolving landscape of social commerce in China.
Mudu.tv
Series A in 2016
The live broadcast is affiliated to Hangzhou Yagu Technology Co., Ltd. It is the leading webcast service platform in China and can quickly build live broadcast capability for enterprises. The live broadcast includes a total of four product lines, namely, a live broadcast platform, a cloud guide broadcast station, a distribution alliance, and a live broadcast tool to solve the pain points of the live broadcast, production and broadcasting, interactive operation, and promotion of the enterprise and the media. They enter the field of live broadcasting in a new way and service, and are committed to helping users to establish team and customer contacts more easily, quickly and effectively in the era of mobile Internet, and to provide new ways and ideas for marketing.
Wandoujia
Acquisition in 2016
Wandoujia is a prominent mobile entertainment search engine based in Beijing, China, known for its innovative contributions to the mobile internet industry. Launched in 2010, it initially offered a desktop phone manager for Android and has since developed a platform that allows users to access a vast array of content, including apps, videos, and ebooks, from over one million options. With more than 350 million installations and daily new installs exceeding 800,000, Wandoujia has established itself as a key player in the market. The company has also facilitated the entry of international applications, partnering with notable foreign developers to distribute their products in China. Additionally, it publishes a monthly report on mobile search trends in China, further solidifying its role in the industry. The team comprises over 250 employees dedicated to enhancing the mobile user experience.
UCAR Technology
Series C in 2016
UCAR Technology, established in 2015 and headquartered in Tianjin, China, is a prominent provider of chauffeured car services. The company operates an on-demand car-hailing platform that connects customers with local licensed drivers through their smartphones. UCAR combines mobile internet technology, big data, and a fleet of quality rental vehicles to ensure safe and standardized transportation. The company's services include both chauffeured car options and vehicle rentals, with a focus on driver qualifications and vehicle conditions. UCAR employs advanced technologies to monitor driver behavior, ensuring privacy protection and efficient response to accidents, thereby enhancing the overall customer experience.
ELEME
Funding Round in 2016
ELEME operates as an online ordering platform. It provides a variety of gourmet food takeaway services. Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff, and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently. Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.
SCMP Group
Acquisition in 2016
Headquartered in Hong Kong, the SCMP Group comprises a diversified portfolio of businesses that deliver news, information and entertainment across many platforms to the people of Hong Kong, China and the world. The South China Morning Post, the Group’s founding company, began operations in November 1903. With the acquisition of TVE in 1996, a magazine and book publishing enterprise, the SCMP Group was established. The South China Morning Post has developed an enviable reputation for authoritative, influential and independent reporting on Hong Kong, China and the rest of Asia. Available in print, mobile, tablets and online through scmp.com and e-reader editions, the newspaper reaches a global audience with daily breaking news, analysis and opinion, multimedia articles and interactive forums. The South China Morning Post received over 190 awards in 2014-15 for excellence in editorial, marketing and technical capabilities. Other titles in the SCMP Group include the Sunday Morning Post, Nanzao.com, Nanzaozhinan.com, STYLE, Destination Macau, The PEAK, HK Magazine, The List and Where Hong Kong. SCMP Hearst, the joint venture partnership between the SCMP Group and Hearst, publishes the Chinese editions of Cosmopolitan, CosmoBride, Harper’s BAZAAR, Harper’s BAZAAR Art, Harper’s BAZAAR Bride, Esquire, ELLE, ELLE Men, ELLE Wedding, ELLE Décoration, and ELLE Accessories; and operates Cosmopolitan.com.hk, Cosmogirl.com.hk, Harpersbazaar.com.hk, ELLE.com.hk and EsquireHK.com in Hong Kong. Other business interests of the SCMP Group include a robust marketing solutions and specialist publishing division, contract publishing and a major stake-holding in Dymocks - Hong Kong’s top branded book retailer, operating 12 stores. A strong balance sheet and financial discipline are the bedrock of the Group. They are listed on the Hong Kong Stock Exchange and employ over 1,000 people in their newspaper, magazine and other divisions. Their major shareholder, the Kerry Group, is a diversified and dynamic multinational conglomerate with extensive interests in commodity trading, food and beverage, hotels, property development and, the SCMP Group, media. Today, the SCMP Group connects minds, cultures, businesses and communities with Hong Kong, China and the rest of the world. It is one of the most respected purveyors of quality journalism in the region.
Yiguo.com
Series C in 2016
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.
South China Morning Post
Acquisition in 2015
South China Morning Post is an internationally-recognized English language newspaper in Hong Kong. It was first published in 1903 by SCMP Group, a newspaper and magazine publisher in Asia. South China Morning Post offers news and information in the areas of business, lifestyle, sports, property, multimedia, and more and is available in print and online through scmp.com and e-reader editions. The South China Morning Post received 64 awards in 2012 for its excellence in editorial, marketing, and technical capability.
Youku
Acquisition in 2015
Youku is a Chinese video-sharing website that enables users to search, view, and share high-quality video content across multiple devices. Employing the tri-networks integration model, Youku’s online video content ranges from user-generated content and self-produced serials to licensed professional content. Its platform offers a space for individuals and institutions to upload and share their treasured moments, independent films, viral videos, and other creations. Youku was first listed on the New York Stock Exchange on December 18, 2010. As of 2007, the company had raised over $40 million in funds, which came from existing investors, including Maverick Capital, Brookside Capital (an affiliate of Bain Capital, LLC), Sutter Hill Ventures, Farallon Capital, and China-based Chengwei Ventures, LLC. In the same year, AC Nelson Co. announced that Youku's overall video viewing (VV) rate had exceeded 100 million, and the daily UV rate exceeded 12 million. On March 12, 2012, Youku reached an agreement to acquire Tudou in a stock-for-stock transaction, the new entity being named Youku Tudou, Inc. Youku's major competitors include Tencent Video, 163 Video, and Sohu Video.
Youku
Acquisition in 2015
Youku is a Chinese video-sharing website that enables users to search, view, and share high-quality video content across multiple devices. Employing the tri-networks integration model, Youku’s online video content ranges from user-generated content and self-produced serials to licensed professional content. Its platform offers a space for individuals and institutions to upload and share their treasured moments, independent films, viral videos, and other creations. Youku was first listed on the New York Stock Exchange on December 18, 2010. As of 2007, the company had raised over $40 million in funds, which came from existing investors, including Maverick Capital, Brookside Capital (an affiliate of Bain Capital, LLC), Sutter Hill Ventures, Farallon Capital, and China-based Chengwei Ventures, LLC. In the same year, AC Nelson Co. announced that Youku's overall video viewing (VV) rate had exceeded 100 million, and the daily UV rate exceeded 12 million. On March 12, 2012, Youku reached an agreement to acquire Tudou in a stock-for-stock transaction, the new entity being named Youku Tudou, Inc. Youku's major competitors include Tencent Video, 163 Video, and Sohu Video.
58 Daojia
Series A in 2015
The company provides information on and access to high-quality offline services such as cleaning, moving, babysitting, beauty care, and many other categories in approximately 30 cities in China. With its location-based order processing system, 58 Home's platform directly connects customers to the nearest independent service providers. Founded in September 2014, 58 Home is a multi-category local services platform in China.
Yi+
Series A in 2015
Yi+ (Beijing Mo Shanghua Technology Co., Ltd.) is a prominent provider of computer vision engine services, focusing on delivering intelligent visual content and commercial solutions to enterprises. The company leverages advanced technologies in object and facial recognition to enhance artificial intelligence applications, enabling improved search results and product categorization. Yi+ collaborates with numerous leading institutions to deliver innovative marketing solutions and intelligent analysis through its video content analysis engine and face recognition engine. The company aims to help clients maximize value from image and video data, facilitating scene marketing and content interaction for a broad user base.
Suning.com
Post in 2015
Suning.com is a prominent Chinese online shopping platform that offers a wide range of products, including clothing, snacks, electronics, and appliances. The company emphasizes a comprehensive retail experience by integrating smart retail solutions with full category operations and omni-channel services, enabling customers to shop seamlessly through physical stores, mobile devices, PCs, and TVs. Additionally, Suning.com leverages logistics and global expansion strategies to enhance its service offerings. Founded in 1990, Suning Holdings Group, which includes Suning.com, has established itself as a leading commercial enterprise in China, recognized for its significant annual revenue and diverse business interests across various sectors, including logistics, financial services, and media. Suning's commitment to improving the quality of life through technological advancements and innovative retail solutions underscores its influence in the retail landscape.
Dt Dream
Seed Round in 2015
Dt Dream is a cloud computing and big data solutions provider founded in March 2015 in Hangzhou, China. The company offers an integrated big data terminal known as "DThink" and operates technology centers and innovation labs in Beijing, Hangzhou, and Nanjing, with branch offices in over 20 cities nationwide. Dt Dream specializes in developing a SaaS-based cloud platform that enhances efficiency for partners in the big data sector by employing large-scale, low-cost, and high-security computing technology. This platform allows industrial customers to streamline their operations, enabling them to concentrate on business objectives and data value. Dt Dream is also a strategic partner of Alibaba Cloud, gaining experience in various applications across government, urban, and industrial internet sectors.
Mei.com
Private Equity Round in 2015
As the leading Luxury & Fashion Flash Sales website in Asia, Glamour Sales entered into the China market in April 2010. We remain committed to authentic products with attractive discounts to our smart shoppers. To date, Glamour Sales has established official partnerships with over 2,000 international luxury, fashion, beauty and lifestyle brands. Daily flash sales begins each morning at 9am. All products of Glamour Sales are highly curated by our fashion and beauty experts. We strive to deliver a first class luxury shopping experience to you.
Shanghai Media Group
Funding Round in 2015
Shanghai Media Group (SMG) is one of the largest media and entertainment companies in China. SMG boasts the most valuable and comprehensive business portfolio including radio, TV, newspaper and magazine traditional media outlets, TV program/drama and motion picture productions and distribution, multiplatform video distribution such as IPTV and Internet TV, and online video offerings, digital advertising, online and console gaming, TV shopping and ecommerce , live and performing arts and tourism. By the end of 2013, SMG had RMB 44.6 billion in assets and RMB 21 billion annual income. In terms of media outlets, SMG currently operates 15 satellite and cable networks, including news, entertainment, sports, finance, documentary, children networks, which are based on a free-to-air advertising business model. Among its assets are China Business News, the premier business news content provider in China since 1993.
Chelaile
Series B in 2015
Yuan Micron Technology, Inc. was founded in 2012, has a number of independent intellectual property products, is now 863 projects Peking "human-centered wisdom of urban travel service platform" cooperative units, Wuhan Donghu Development Zone in 3551 Talents enterprises, Shanghai " Pegasus trip "Service Innovation Alliance. Few years, Yuan Micron Technology has developed a variety of influential products, is currently one of the most influential development team in real-time bus fields. Currently, the company and Digital China, China Media, Newcom,德璐media, the FTSE Huang and Lee, White Horse Media, LongFan media and other industry well-known enterprises to achieve cooperation and access to top angel investors invest. Due to the influence of the national product, has been used as the representative of the real-time aspects of the bus companies to accept CCTV, Changjiang Daily, Wuhan Evening News, Daily, Wuhan, Chengdu Business Daily, Chongqing Daily, Xinhua News Agency and other media reported.
YTO Express
Post in 2015
Shanghai YTO Express (Logistics) Co., Ltd. is a prominent private express delivery enterprise in China, recognized for its commitment to enhancing the country's express services. Founded in 2020 by Yu Huijiao, who retains a significant stake, the company operates as one of the top four national express delivery companies in China under the Tongda model. This model involves a network partnership where YTO provides line-haul transportation, sorting, and waybill services, while local network partners manage first-mile pickup and last-mile delivery. YTO Express aims to establish itself as an iconic brand within the sector, positioning itself as the preferred choice for Chinese consumers. The company plays an influential role in the industry, serving as a Vice-president Unit of both the China Express Association and the Shanghai Express Trade Association.
Quixey
Series C in 2015
Quixey, Inc. is a mobile technology company based in Mountain View, California, with additional offices in Beijing, Bengaluru, and Tel Aviv. Founded in 2009, Quixey offers a platform that enhances user access and engagement with applications through its innovative Deep View Cards. This solution enables users to connect directly with application functionalities, such as booking hotels or ordering rides, without the need for registration. By employing advanced content acquisition and application mining techniques, Quixey delivers relevant app content and functionalities across various channels, including ads, search, and social and messaging platforms. This approach not only improves the search experience but also allows users to perform actions efficiently, thereby saving time and enhancing overall usability.
Meizu
Venture Round in 2015
Meizu Technology, founded in March 2003 by Jack Wong, is a smartphone design and manufacturing company based in Zhuhai, China. The company offers a range of smartphones and accessories, including chargers and headsets, aimed at delivering a straightforward and intuitive mobile experience for consumers. Meizu distributes its products through retail stores and various online platforms both in China and internationally. In addition to its primary operations in China, the company has a presence in Hong Kong, Israel, Russia, Ukraine, and an experience service center in New Delhi, India. As a subsidiary of Meizu Technology Corporation, the company focuses on enhancing user experience and accessibility in mobile technology.
Kuaidi Dache
Series D in 2015
Kuaidi Group, as the most technologically integrated and largest car service company in the world, is rapidly transforming the concept of moving people – starting in China. The app combines integrated mapping and third party payment technology to make its service accessible to everybody, and provides over 1 million taxis and a variety of standard and luxury cars for all lifestyles. To ensure the service fits smoothly into urban life, Kuaidi has developed a framework is that is adaptable to other platforms in China, and works in partnership with China’s government and regulators instead of against them. In a country where only 18% of per capita car ownership, Kuaidi is clearly meeting an important need. Kuaidi’s unique business model has attracted 100m registered users in over 300 cities, fulfilling 6 million requests per day. To optimize its services and go beyond customer expectations Kuaidi has secured partnerships with Alipay, Ctrip, AutoNavi, Baidu Maps, Qunar, and Beijing’s ‘96106’ government official platform.
AdChina
Acquisition in 2015
AdChina, Ltd. operates a comprehensive Internet advertising platform in China, connecting advertisers with publishers through advanced technology. Founded in 2007 and based in Shanghai, its core offering, the AdChina AdManager system, efficiently tracks available advertising space, processes orders, analyzes audience data, and matches advertisements to target demographics in real-time. The platform also includes the AdChina Demand Platform, designed for advertising agencies and advertisers, and the AdChina Supply Platform, aimed at publishers operating across online and mobile channels. This integrated system allows for diverse ad formats and ensures effective delivery across various internet access devices. With significant reach, AdChina's platform provides access to billions of page views and millions of unique users each month, enhancing the advertising capabilities available to its clients.
ZTO Express
Private Equity Round in 2015
ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network in China covering over 96% of China’s cities and counties as of December 31, 2016. ZTO is both a key enabler and a direct beneficiary of China’s fast-growing e-commerce market, and has established itself as one of the largest express delivery service providers for millions of online merchants and consumers transacting on leading Chinese e-commerce platforms, such as Alibaba and JD.com. Globally, ZTO provides delivery services in key overseas markets through its business partners as it expands coverage of international express delivery by collaborating with international industry players. ZTO provides fast, safe and cost-effective express delivery services. ZTO is guided by its core values of “Shared Success, Trust and Accountability, Innovation and Entrepreneurship” and its corporate mission of “Bringing Happiness to More People through Their Services.” The Company has been recognized with multiple awards for its services, such as ”Top Ten Influential Brands of Chinese Express delivery Industry” and “Top Ten Excellent Brands to Customers’ Satisfaction in Chinese Express Delivery Industry”. ZTO is committed to supporting its employees’ well-being and success while creating value for their clients. All ZTOers are striving to achieve the common goal “to build a dignified and respected leading global logistics service provider”.
KTplay - Your Instant in-App Community
Seed Round in 2014
Ktplay develops and markets a social game platform that is free for use by all mobile game developers. It also helps aggregate all passionate users of their clients into their own, manageable, in-app community that looks and feels like a part of their application. The platform’s robust back end empowers its users to curate, manage, and create contents in real-time. Their easy-to-use in-app messaging and reward system turns its users in-app communities into a fully equipped live ops platforms, enabling their live ops teams to run events, influence user behaviors, and ultimately increase their app's retention and revenue. Ktplay is headquartered in China and the company was founded in 2014.
MomentCam
Series A in 2014
MomentCam is a Chinese company that operates a mobile application designed for photo editing, enabling users to transform their photos into personalized cartoons in real time. Since its launch, the app has achieved significant popularity, amassing over 200 million downloads and setting records with 3.25 million new users in a single day and 10 million in just four days. MomentCam offers in-app purchases for additional special effects and is exploring further monetization options, including in-app gifting and offline gifts. The app's unique features allow users to share their creations with friends and a wider community, enhancing the social aspect of photo editing.
WiTown
Series A in 2014
WiTown is a Hangzhou-based Chinese intelligent Wi-Fi marketing operator.
Meituan
Series C in 2014
Meituan develops and operates a platform providing retail and online group buying services. It retails and delivers Chinese food from local restaurants online. It operates a social commerce website that offers online group discounts for movie tickets, groceries, food, restaurants, entertainment, and health/fitness sectors. Wang Xing founded Meituan Group in 2010 that became Meituan-Dianping in December 2015, with its headquarters in Beijing in China. Meituan-Dianping officially changed its name to Meituan in September 2020.
Huxiu.com
Series A in 2014
Beijing Huxiu Information Technology Co., Ltd., operating under the brand Huxiu.com, is a prominent online platform in China that focuses on business information and communication. Founded in February 2012 by Lin Min, a former executive chief editor of China Entrepreneur, the platform facilitates the sharing of industry trends and investment-related information. Huxiu.com combines editorial oversight with user-generated content to create a refined and engaging experience for its audience. The platform has gained significant traction, amassing a large following on social media shortly after its launch. Based in Beijing, Huxiu.com aims to serve as a vital resource for users seeking insights into the commercial landscape.
Youku
Post in 2014
Youku is a Chinese video-sharing website that enables users to search, view, and share high-quality video content across multiple devices. Employing the tri-networks integration model, Youku’s online video content ranges from user-generated content and self-produced serials to licensed professional content. Its platform offers a space for individuals and institutions to upload and share their treasured moments, independent films, viral videos, and other creations. Youku was first listed on the New York Stock Exchange on December 18, 2010. As of 2007, the company had raised over $40 million in funds, which came from existing investors, including Maverick Capital, Brookside Capital (an affiliate of Bain Capital, LLC), Sutter Hill Ventures, Farallon Capital, and China-based Chengwei Ventures, LLC. In the same year, AC Nelson Co. announced that Youku's overall video viewing (VV) rate had exceeded 100 million, and the daily UV rate exceeded 12 million. On March 12, 2012, Youku reached an agreement to acquire Tudou in a stock-for-stock transaction, the new entity being named Youku Tudou, Inc. Youku's major competitors include Tencent Video, 163 Video, and Sohu Video.
AutoNavi
Acquisition in 2014
AutoNavi Holdings Limited is a Chinese company based in Beijing that specializes in digital map content and navigation solutions. It provides a comprehensive mobile and internet location-based service platform, catering to both business and consumer needs. The company's offerings include automotive navigation, mobile location services, taxi booking, bike sharing, and real-time traffic updates, all tailored for the Chinese market. AutoNavi's proprietary technology and extensive digital map database enable it to deliver integrated navigation solutions across various sectors, including public services and enterprise applications. The company has formed strategic alliances with prominent organizations such as TomTom Global Content, SINA, and Alibaba Group, enhancing its service capabilities.
Wasu Media Holding
Post in 2014
Wasu Media Holding is a full-service media company focused on the media and cable television operations in China. The organization was established in October 2012 and is based in Hangzhou, Zhejiang.
Tango Me
Venture Round in 2014
TangoMe, Inc., known for its mobile messaging application Tango, was founded in 2009 and is headquartered in Mountain View, California. The app offers a range of services including free video and voice calls, texting, social discovery, browsing, and content sharing, attracting over 350 million registered users across various platforms such as iOS, Android, Blackberry, Kindle Fire, and PC. Recognized as a Top 100 free app on Android and iTunes, Tango operates in more than 224 countries and supports 15 languages, functioning over 3G, 4G, and Wi-Fi networks. The company collaborates with third-party game developers, brands, and content publishers to create integration and advertising opportunities. TangoMe has raised significant venture capital funding, supporting its growth and expansion, and maintains additional offices in Austin, Texas; St. Petersburg, Russia; and Beijing.
ByeCity
Series B in 2014
Byecity.com (佰程旅行网) is a Chinese service agency providing O2O (Online-to-Offline) services for the outbound tourism industry. Byecity.com was awarded the ""5A Grade Travel Agency"" by Beijing Tourism Development Committee for its performance on both ""technology innovation and service experience"". The company is devoted to the combination of internet and traditional outbound tourism, and is the first e-commercial website of outbound tourism in China. Byecity’s business covers eight modules: visa application, exclusive custom, free travel, topic group, overseas hotels, international tickets, international single businesses, and international business trips for enterprises. The company provides customers with the ""one-stop"" outbound tourism solutions in five aspects, which are demand release, resources distribution, budget management, risk control, and solutions.
Yiguo.com
Series B in 2014
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.
Alibaba Pictures Group
Post in 2014
Alibaba Pictures Group Limited (previously ChinaVision Media Group Limited (01060.HK)) is an integrated cultural corporation with business focus on TV, film production, print media, and mobile new media. By adhering to Chinese cultural tradition, Alibaba Pictures, backed with powerful capital strength, advanced operation model and sound group management, will strive to be an internationally influential media group. Alibaba Pictures Group Limited strives to be the first Hong Kong listed company of successfully operating tri-network integration of telecommunications networks, cable TV networks and the internet. Alibaba Pictures Group Limited was founded in 1993 and is based in Admiralty, Hong Kong.
Quixey
Series C in 2013
Quixey, Inc. is a mobile technology company based in Mountain View, California, with additional offices in Beijing, Bengaluru, and Tel Aviv. Founded in 2009, Quixey offers a platform that enhances user access and engagement with applications through its innovative Deep View Cards. This solution enables users to connect directly with application functionalities, such as booking hotels or ordering rides, without the need for registration. By employing advanced content acquisition and application mining techniques, Quixey delivers relevant app content and functionalities across various channels, including ads, search, and social and messaging platforms. This approach not only improves the search experience but also allows users to perform actions efficiently, thereby saving time and enhancing overall usability.
Yiguo.com
Series A in 2013
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.
Meituan
Series B in 2011
Meituan develops and operates a platform providing retail and online group buying services. It retails and delivers Chinese food from local restaurants online. It operates a social commerce website that offers online group discounts for movie tickets, groceries, food, restaurants, entertainment, and health/fitness sectors. Wang Xing founded Meituan Group in 2010 that became Meituan-Dianping in December 2015, with its headquarters in Beijing in China. Meituan-Dianping officially changed its name to Meituan in September 2020.
ShopEx
Series B in 2009
ShopEx is an e-commerce software and service provider based in China, specializing in the development of software solutions for retail merchants. The company offers a comprehensive suite of tools that facilitate online retail transactions, supply chain management, and financial payment processing. By integrating third-party resources, ShopEx enables retail store owners to effectively establish and grow their e-commerce businesses. With a focus on research and development, ShopEx boasts a professional team that has created proprietary technology and services, positioning itself as a leader in the e-commerce sector.
Meitu
Meitu is a global innovator in mobile photography and video applications, established in 2008. The company offers a diverse suite of apps, including MeituPic, BeautyCam, and MakeupPlus, which incorporate advanced facial recognition and virtual makeup technologies. These applications have been installed on over 1 billion unique devices, with daily activations exceeding 200 million. Meitu aims to create a mobile beauty ecosystem that enables users to discover, experiment, create, and share new looks directly from their smartphones. In addition to its app portfolio, Meitu is involved in the smart hardware sector, producing products like the MeituEve artificial intelligence skin analyser and the MeituSpa cleansing brush. With a global workforce of around 900 employees and offices in China, as well as locations in Santa Monica and Palo Alto, Meitu is actively expanding its presence in Latin America, Europe, the Middle East, and Asia Pacific. The company is also seeking skilled professionals in marketing, business development, user acquisition, localization, and monetization to further enhance its international reach.
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