Baidu

Baidu is the largest internet search engine in China, commanding over 50% of the market share as of 2024. The company provides various online search services, including community and vertical searches, as well as instant messaging capabilities. Its suite of products encompasses Baidu Webpage, Baidu Video, Baidu Map, and BaiduPedia, among others. In 2023, Baidu generated 72% of its core revenue from online marketing services related to its search engine. Beyond search, the company is also focused on growth initiatives in artificial intelligence, cloud computing, video streaming, voice recognition technology, and autonomous driving. Baidu's diverse offerings position it as a key player in China's technology landscape.

Zhenyu Li

Director

Rong Luo

CFO

Guobin Shang

Deputy Director

Ricardo Wafae

Investment Manager

Past deals in China

Baiying Technology

Venture Round in 2024
Baiying Technology Co., Ltd., established in September 2016, is a data intelligent technology service company with branches in Shanghai and Chengdu, and a research and development center in Seattle. The company specializes in big data and artificial intelligence, focusing on applications within the commercial sector. Baiying Technology has developed core technologies such as artificial intelligence, speech recognition, and industry knowledge maps, and holds numerous technical patents and copyrights. Their product offerings include intelligent voice robots, electric sales robots, customer service robots, and intelligent call centers, all designed to enhance customer acquisition and service efficiency for enterprises. By leveraging advanced AI and machine learning technologies, Baiying Technology aims to assist small and medium-sized businesses in reducing sales costs and improving performance, facilitating a shift from labor-intensive to technology-driven customer service and sales processes.

StarFive

Corporate Round in 2023
StarFive Technology specializes in RISC-V-based CPU intellectual property, system-on-chip (SoC) solutions, and development boards. The company is dedicated to supporting local research and development in China, emphasizing the importance of intellectual property rights. StarFive aids SoC designers in the Greater China region by providing customizable chip design platforms that cater to a diverse array of applications, particularly in the evolving AI and Internet of Things (IoT) sectors. Through its innovative products and services, StarFive contributes to the advancement of semiconductor technology in the region.

iQIYI

Post in 2022
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

Jidu Auto

Series A in 2022
Jidu Auto is an electric car manufacturing company that creates Robocar combining both intelligence and emotion. Jidu is a joint venture between Baidu, China's largest search engine, and Geely, a Chinese manufacturer that produces electric vehicles. The company was founded in 2021.

Qiangua Technology

Series A in 2021
Qiangua Technology is a Chinese company specializing in autonomous driving solutions for the logistics and transportation sectors. It develops unmanned cargo truck technology aimed at enhancing efficiency in trunk logistics. By leveraging advanced automated driving systems, Qiangua Technology offers innovative transportation services that cater to the growing demands of the autopilot industry.

REDFINGER

Acquisition in 2020
Redfinger is a cloud-based platform that specializes in the development of an Android emulator application. Based in Changsha, China, it enables users to access and manage multiple mobile applications simultaneously without overloading system resources. The platform supports the display, download, and management of various mobile applications, providing users with an efficient multitasking experience. Additionally, Redfinger offers all-weather cloud hosting services, allowing users to host applications in the cloud while keeping them accessible around the clock, all from their mobile devices.

Zhangyue Technology

Post in 2020
Zhangyue Technology is a China-based company specializing in mobile software development, primarily known for its iReader e-book reader application. The iReader app is designed for mobile reading and is available on both Android and iPhone platforms. The company focuses on enhancing the reading experience for users through its innovative software solutions, with its operations concentrated in China.

Yusys Technologies

Post in 2020
Yusys Technologies Co., Ltd. is mainly engaged in providing bank-oriented financial institutions with information services, such as consulting, software products, software development and implementation, operation and maintenance, and system integration.

Neusoft Group

Post in 2019
Neusoft Group is a Chinese company specializing in information technology solutions and services. It focuses on software technology, providing industry and product engineering solutions along with related software products and platforms. Neusoft serves a diverse range of industries, including telecommunications, energy, finance, government, manufacturing, trade logistics, healthcare, education, transportation, and media. The company offers various services such as application development and maintenance, ERP implementation, consulting, testing, performance engineering, and IT infrastructure management. Additionally, it engages in software localization and globalization, business process outsourcing, and IT education and training. Neusoft also develops its own brand of medical and network security products and collaborates with multinational corporations to deliver embedded software solutions for digital home appliances and mobile devices.

NetEase Cloud Music

Series B in 2018
NetEase Cloud Music operates an online music platform and offers streaming services. It also develops music applications for smartphones. William Lei Ding founded NetEase Cloud in 2013, with its headquarters in Beijing in China. NetEase Cloud Music operates as a subsidiary of NetEase.

Jeemaa.com

Series A in 2018
Jeemaa.com is a language services provider based in Chengdu, China, specializing in online translation through advanced cloud computing technology. The platform offers features that facilitate automatic saving of translated content, error checking for terminology, numbers, and spelling, and supports output in various formats such as Word, Excel, PPT, and CAD files. By integrating artificial intelligence and content management, Jeemaa.com effectively balances the supply and demand in the language service market, delivering comprehensive language technology solutions to its users.

Baidu Video

Series B in 2018
Baidu Video became independent in 2016, aiming to become the No. 1 professional generated content video platform in China. Baidu Video will focus on platform development and continue to provide audiences with video search and content aggregation services.

Lionbridge Financing Leasing

Corporate Round in 2018
Lionbridge is a commercial vehicle smart finance and service platform that creatively combines financial capital and industrial operation. It specializes in services for industries such as logistics transportation, auto finance, health care, new energy & new equipment, etc. The company is committed to the concept of connecting symbiosis and uses technology tools and financial instruments to empower partners to develop new operating models and gain greater value. Lionbridge was founded in 2012 and is based in Beijing, China. In September 2014, the company was acquired by [Bain Capital](/organization/bain-capital-2), a US-based private equity firm.

iSpace China

Series A in 2018
iSpace China, established in 2016 and headquartered in Beijing, specializes in the development of commercial launch vehicles and space shuttles for customers in the aerospace sector globally. The company focuses on providing innovative launch solutions, catering to the growing demands of the commercial space industry. With a commitment to enhancing access to space, iSpace aims to serve a diverse range of clients by offering reliable and efficient transportation options for payloads into orbit.

XGimi

Corporate Round in 2018
XGimi is a Chinese company based in Chengdu that specializes in the design and manufacture of multi-functional projectors and laser TVs. Founded in 2012, XGimi focuses on creating high-performance, high-definition projectors that incorporate an Android operating system and offer three-dimensional viewing capabilities. The company aims to provide affordable giant-screen projection solutions to consumers worldwide, emphasizing innovation and quality in its product offerings.

Yanzhuanjia

Seed Round in 2018
Healthcare service company based in Beijing focusing on ophthalmology. It provides clinical ophthalmic diagnosis and treatment solutions for medical institutions.

RR.TV

Series B in 2017
RR.TV is a video sharing platform based 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.

Hesai Technology

Series B in 2017
Hesai Technology, founded in 2014 and headquartered in Shanghai, China, specializes in the development, manufacture, and sale of three-dimensional light detection and ranging solutions, commonly known as LiDAR. The company focuses on designing advanced laser radar systems that support a variety of applications, primarily in autonomous and semi-autonomous vehicles equipped with advanced driver assistance systems. Additionally, Hesai's technology is utilized in other sectors, such as robotics for last-mile delivery and industrial processes, as well as in natural gas leak detection systems. The organization has structured its operations into two main segments: LiDAR and gas detection, with the LiDAR segment generating the majority of its revenue.

Bitauto Holdings

Post in 2017
Bitauto Holdings Limited is a prominent provider of internet content and marketing services tailored for China's rapidly expanding automotive industry. The company operates through three primary segments: advertising and subscription services, transaction services, and digital marketing solutions. Its advertising segment offers services to automakers via websites and mobile applications, facilitating transaction-focused online advertisements and promotional activities. The transaction services segment supports automotive dealers, finance partners, and insurance companies, enhancing their operational capabilities. Additionally, Bitauto's digital marketing solutions encompass website creation and maintenance, online public relations, marketing campaigns, and big data applications, catering to various stakeholders in the automotive sector.

Nio

Series C in 2017
NIO Inc. is a pioneer in China’s premium smart electric vehicle market. NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater high-performance premium electric SUV in China in June 2018, and its variant, the six-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries in June 2019. NIO officially launched the EC6, a 5-seater smart premium electric Coupe SUV, in December 2019 and plans to commence deliveries in 2020.

RiceQuant

Series A in 2016
RiceQuant is a developer of a quantitative asset management system based in China, aimed at transforming the asset management industry. The company creates advanced solutions that integrate financial data, investment research, portfolio optimization, and performance and risk attribution. By leveraging the latest technology and quantitative methodologies, RiceQuant promotes a deep integration of financial business scenarios. Its platform connects quantitative traders and financial experts with financial institutions, facilitating collaboration to optimize trading strategies and enhance investment outcomes.

oTMS

Series B in 2016
oTMS Inc. is a developer of a cloud-based logistics planning software designed to enhance transportation management. The company's offerings include FreightPartner, a logistics bidding service that connects shippers with carriers, and oneTMS, a transport management system that integrates manufacturers, carriers, drivers, distributors, and retailers for streamlined shipment management. Additional services include Orange, a transport outsourcing platform, oneInsurance for transport insurance solutions, Dock Appointment for scheduling pick-ups and deliveries, and Handshake, a digitalized pickup solution. oTMS also provides a truck tracker application for real-time tracking of shipments and delivery confirmation. Targeting various industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains and improve customer service through a fully digitalized and real-time workflow. Founded in 2011 and based in Shanghai, China, oTMS leverages cloud computing and mobile technology to create a comprehensive platform for transport management and e-sourcing.

Yintai Group

Funding Round in 2016
Yintai Group is an industrial investment group established in Beijing in 1997 by Mr. Shen Guojun. The company operates across various sectors, including commercial retail, commercial real estate, mineral resource exploration and development, as well as equity investing. Yintai Group encompasses several subsidiaries, such as Intime Retail Group and Yintai Land Group, and has developed into a significant enterprise with over 100 holding or joint-stock companies domestically and internationally. The group has created more than 100,000 job opportunities, positioning itself as one of the leading private enterprises in China. Yintai Group also emphasizes social responsibility through its Yintai Foundation, which promotes the concepts of Platform Thinking and Shared Value, demonstrating a commitment to philanthropy and community development. By integrating industrial growth with investment and social responsibility, Yintai Group aims to contribute to economic and societal advancement while fostering innovation within various sectors.

Exands

Series B in 2016
Exands is a business-to-business wireless service provider focused on enhancing interactions between brands and consumers in the rapidly evolving information technology sector in China. The company offers a range of services, including high-speed wireless connections, security authentication, and edge computing, all designed to ensure secure and reliable internet access. By leveraging advanced wireless technology, Exands aims to deliver simple and dependable intranet and internet solutions to both chain enterprises and individual consumers. Its commitment to providing 24/7 unmanned services enhances operational efficiency for businesses while facilitating seamless connectivity.

Mia.com

Series D in 2015
Mia.com is an e-commerce platform that offers maternity dresses, milk powders, diapers, shoes and blankets. It provides an online retail platform for baby products such as toys, diaper and formula products. Liu Nan founded Mia.com in 2011. Its headquarters is in Beijing in China.

oTMS

Series C in 2015
oTMS Inc. is a developer of a cloud-based logistics planning software designed to enhance transportation management. The company's offerings include FreightPartner, a logistics bidding service that connects shippers with carriers, and oneTMS, a transport management system that integrates manufacturers, carriers, drivers, distributors, and retailers for streamlined shipment management. Additional services include Orange, a transport outsourcing platform, oneInsurance for transport insurance solutions, Dock Appointment for scheduling pick-ups and deliveries, and Handshake, a digitalized pickup solution. oTMS also provides a truck tracker application for real-time tracking of shipments and delivery confirmation. Targeting various industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains and improve customer service through a fully digitalized and real-time workflow. Founded in 2011 and based in Shanghai, China, oTMS leverages cloud computing and mobile technology to create a comprehensive platform for transport management and e-sourcing.

Visionchina Media

Post in 2015
VisionChina Media Inc. operates a digital mobile television advertising network in China, focusing on mass transportation systems such as buses and subways. The company delivers real-time content and advertisements through digital displays, providing viewers with news, stock market updates, weather forecasts, traffic information, sports highlights, and entertainment shows. As of December 31, 2012, VisionChina Media's network encompassed over 108,000 digital television displays across 19 cities, reaching approximately 221 million residents. The company has established partnerships with local television stations and their mobile broadcast subsidiaries, enabling it to offer advertisers a unique platform to engage with vast audiences. Founded in April 2005 and publicly listed in December 2007, VisionChina Media has become a significant player in the out-of-home advertising sector in China.

16WiFi

Series A in 2015
16WiFi is a China based public transit systems

Keruyun

Series B in 2015
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.

Tiantian Yongche

Series C in 2015
Tiantian Yongche is a carpool and ridesharing app. Tiantian Yongche currently operates in Beijing, Shanghai, Guangzhou, Hangzhou, Tianjin, Chengdu, and a handful of smaller cities.

Uxin

Series C in 2015
Uxin operates a used car e-commerce platform in China through its subsidiaries. It operates Uxin Used Car, an application that provides consumers with customized car recommendation, financing, title transfer, delivery, insurance referral, warranty and other related services, and Uxin Auction, an application that helps business buyers to source vehicles through online auctions. Uxin facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases. Dai Kun founded it in September 2011, with its headquarters in Beijing in China.

oTMS

Series A in 2014
oTMS Inc. is a developer of a cloud-based logistics planning software designed to enhance transportation management. The company's offerings include FreightPartner, a logistics bidding service that connects shippers with carriers, and oneTMS, a transport management system that integrates manufacturers, carriers, drivers, distributors, and retailers for streamlined shipment management. Additional services include Orange, a transport outsourcing platform, oneInsurance for transport insurance solutions, Dock Appointment for scheduling pick-ups and deliveries, and Handshake, a digitalized pickup solution. oTMS also provides a truck tracker application for real-time tracking of shipments and delivery confirmation. Targeting various industries such as retail, automotive, and pharmaceuticals, oTMS aims to optimize supply chains and improve customer service through a fully digitalized and real-time workflow. Founded in 2011 and based in Shanghai, China, oTMS leverages cloud computing and mobile technology to create a comprehensive platform for transport management and e-sourcing.

iQIYI

Series F in 2014
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

iQIYI

Series E in 2014
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

Quhuo Tech

Series B in 2014
Quhuo Tech is a gig economy platform based in China that offers tech-enabled, comprehensive operational solutions to consumer service businesses heavily involved in e-commerce. The company operates across several sectors, including food delivery, ride-hailing, housekeeping, and bike-sharing. By leveraging its platform, Quhuo assists its clients in mobilizing a large workforce, employing training, performance monitoring, and incentives to develop skilled workers capable of adhering to standardized service procedures. The company primarily generates revenue from service fees charged to its industry clients, with additional income from rental fees related to car leasing agreements with ride-hailing drivers. Quhuo's revenue streams are categorized into on-demand delivery solutions, mobility service solutions, housekeeping solutions, and other services, all derived from the Chinese market.

SmartStudy.com

Series A in 2014
Chi lesson Network (SmartStudy), China's most authoritative online learning platform exam abroad, under the Beijing Innovation Technology Co., Ltd. 's website partner education. Chi lesson Network (SmartStudy) is "capable of gathering experts from the industry's top teaching, research and development of high-quality content and depth system knowledge slices as the core, the integration of advanced user behavior analysis for online education in the field of data mining algorithms few, while experience design expertise in online learning products and learning experience design "B2C online learning platform. New Oriental is the former executive Wei Xiaoliang, Dishao Cheng Xu Guozhang English Foundation and co-founder, assembled Chinese TOEFL, IELTS, SAT, GRE, GMAT exam abroad five most authoritative teaching experts and chief subjects from Harvard, Yale, Columbia and other world Full-time teachers teaching content prestigious R & D, to provide users with "top expert systems course" and popular textbook exam "questions succinctly by learning video library" of online courses.

Wanda E-Commerce

Venture Round in 2014
Wanda E-Commerce offers online-to-offline e-commerce platform services. It operates an online-to-offline business model in order to deliver e-commerce services on of bricks and mortar businesses. Wanda E-Commerce began operation on August 28, 2014, with its headquarters in Beijing in China. It operates as a subsidiary of Dalian Wanda Group Corporation.

Keruyun

Series A in 2014
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.

Hujiang Education Technologies

Series C in 2014
Hujiang Education Technologies Co. Ltd. is a Shanghai-based company that specializes in developing and operating a web-based digital education platform primarily focused on online language learning. Founded in 2001, the company offers a diverse array of educational products and services, including digital education services, B2C e-commerce, and a social networking study community. Additionally, Hujiang provides various tools for foreign language study, facilitating communication and information exchange among users. The company was previously known as Shanghai Hujia Cultural Transmission Co., Ltd. and has established itself as a significant player in the online education sector in China.

Transfer Course Computer System (Beijing)

Series B in 2013
Transfer Course Computer System (Beijing) Co., Ltd. is an emerging online education platform in China's education field. Established in 2011, Tranfer Course Website contributes to improve the regional distribution imbalance of China's education resources and provides one-stop and comprehensive professional education service of online interaction through online course issuing website and live interaction class. Its main products and services include preach lesson, lesson KK, and class live online classroom. Transfer Course Website is Transfer Course Company’s main site, aiming to be the C2C electronic business platform in education field. People who own knowledge and experience can open class freely on the Transfer Class Website to teach and gain income, while people who need to learn knowledge and experience can easily find the content they want.

Digione

Series B in 2013
DIGIONE Company (百分之百数码) is a Chinese service provider that promotes the terminal channel reform with an internet perspective. DIGIONE Company is devoted to creating a win-win situation with the upstream and downstream mobile terminal industry chains. It has formed a deep partnership with China Telecom, internet operators, terminal brands, and retailers. DIGIONE Company has successfully set up 15 branches in China. It has established a close working relationship with provincial branches of China Telecom and major local retailers, and built a nationwide marketing network. With the direct supply platform of China Telecom in every province, the company has established a channel marketing system.

iQIYI

Series D in 2013
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

iQIYI

Series C in 2013
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

Qunar.com

Venture Round in 2013
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

iQIYI

Secondary Market in 2013
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

Qunar.com

Funding Round in 2011
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

Qunar.com

Acquisition in 2011
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

Anjuke

Series D in 2011
Anjuke is an online real estate platform based in Shanghai, China, offering comprehensive information and services for property buyers, renters, and developers. Founded in January 2007, Anjuke operates several websites, including its main site for home buyers, Haozu for rentals, and Jinpu for commercial real estate. The platform facilitates the buying, selling, and renting of second-hand houses, providing users with efficient and user-friendly listing services. Anjuke has established a significant presence with subsidiaries in 31 cities and employs over 1,500 people. The company's websites attract more than 66 million unique visitors each month, reflecting its popularity in the real estate market. Anjuke has also secured substantial investments, including $72 million from notable backers, which reinforces its commitment to delivering safe and reliable property search services.

iQIYI

Series A in 2010
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

UiTV

Venture Round in 2008
Beijing UiTV (联合网视) is an online video operation service provider with China’s largest online TV platform under its operation. It includes a vast number of videos suitable for PC, MP4 and mobiles. UiTV connects content and service providers to supply abundant video resources to internet users. It is also an integrated communication platform for advertising agencies and advertisers. Through technology, operation management and business models, UiTV currently holds a notable position in its field, and has comprehensive collaboration with many high-end content providers, internet companies and advertisement companies.

AdsIt

Series A in 2007
AdsIt is an online video advertisement provider based in Beijing, China.

Adsit Media

Series A in 2007
Beijing Adsit Media Technology Co., Ltd. is a Chinese company specializing in the distribution of internet-based video advertisements. It serves as both the operating entity and technology service provider for Baidu's TV business model, distinguishing itself as Baidu's sole strategic brand management partner. Adsit Media offers a range of innovative online video advertising services, including floating, embedded, and streaming video advertisements. These services are designed to help businesses attract customers and increase their revenue, making Adsit Media a key player in the advertising sector in China.

Ku6

Post in 2007
Ku6 Media Co., Ltd. is an Internet video company based in Beijing, China, specializing in a diverse range of video content. Established in 2006, it operates ku6.com, a platform that allows users to upload and share videos, access entertainment, news, and educational materials. The content offered includes user-generated videos, professional content, and licensed material across various genres such as comedy, music, sports, and technology. Ku6 also provides online marketing services, utilizing formats such as in-video advertising and sponsorships to cater to advertisers. As of late 2015, the platform boasted approximately 292 million video clips, with a significant daily upload rate. The company is a subsidiary of Shanda Interactive Entertainment Limited and has established itself as a notable player in the online video market, competing with other major platforms like Youku and Tudou.

Hao123.com

Acquisition in 2004
Hao123.com operates an online chinese web directory navigation Website. The company was founded in 1999 and is based in Beijing, China. As of September 16, 2004, Hao123.com is a subsidiary of Baidu, Inc.
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