IDG Capital

work with private equity and venture capital fund managers, investment advisors and business entities from around the world.

Xiaohui Cao

Partner

Cui Guangfu

Partner

Jun Fang

Partner

Mei Gao

Partner

Simon Ho

CFO

Bingjun Huangfu

Partner

Ning Kang

Managing Director

Jianguang Li

Partner

Xiaojun Li

Partner

Meng Lian

Partner

Yikun Liu

Partner

Jun Lou

Partner

Michelle Ma

Partner

Kuiguang Niu

Partner

Hugo Shong

Founding Chairman

Yuhan Sun

Vice President

Chen Tong

Partner

Xiao Wang

Partner

Shu Wang

General Partner

Jeacy Yan

Partner

Jin Yu Ph.D

Partner

Xinhua Yu

Partner

Antony Yung

Partner

Jianbin Zhang

Vice President

Suyang Zhang

Managing Partner

Maria Zhang

Venture Partner

Haitao Zhang

Managing Director

Zhiyong Zhen

Principal

Jian Zhu

Venture Partner

Peter Zhang Ph.D

Vice President

Past deals in Durables and Apparel

Miracle Miles tech

Series A in 2022
Miracle Miles tech is a footwear and clothing enterprise that owns five independent brands.

Yicangyoupin

Angel Round in 2019
Yicang Youpin is engaged in the operation of domestic famous clothing brands, sports brands, business and leisure brands, shoes and leather goods brands, and children's wear brands. It has been involved in the new retail format of “multi-brand operation and cross-industry development”. Radiating the whole country with Xinxiang headquarters as the center, and franchise brand collection discount stores and brand collection stores in the domestic third- and fourth-tier cities and urban and rural layout lines, with the same business logo “Kamakura Excellent Products” for centralized sales, and entities The store drives the surrounding consumers to become online customers and brand promoters, and strives to create a new retail model of “stores + e-commerce + consumer ecosystem”.

XY Mens

Series A in 2016
XY Mens is an e-commerce platform specializing in men's fashion products, headquartered in Beijing, China. Founded in 2014, the company offers a diverse range of categories including clothing, skincare, footwear, and accessories. Its platform features a discount zone, a gift area, and a duty-free import section, catering to various customer needs. Additionally, XY Mens publishes original content related to men's fashion and lifestyle, providing customers with the latest trends, clothing tips, and product guides. This approach aims to enhance the quality of life for male consumers by combining retail offerings with informative resources.

Iwode

Series B in 2015
Operator of a tailored menswear, womenswear, and kidswear chain in China providing customized apparel. Operator of a suits tailor chain in China providing customized apparel. The company partners with sustainable suppliers and renowned designers and is committed to providing world-class, individualized tailor services for a wide range of occasions including business, wedding and leisure.

VANCL

Series G in 2014
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.

Yinman

Venture Round in 2014
Chinese fashion

INMAN

Series A in 2014
INMAN is a Chinese online retail brand specializing in cotton and linen apparel for everyday use. Founded in 2008 by chairman Fangjianhua, the company is recognized as a leading network retail brand in China. INMAN promotes a design philosophy characterized by simplicity and elegance, aligning its products with a natural aesthetic. The brand operates under the umbrella of Guangzhou Hui Mei Cloth Co., Ltd., and its offerings are available through its dedicated internet portal.

VANCL

Series G in 2013
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.

HSTYLE

Series A in 2011
HanDuYiShe (HSTYLE) is a Chinese brand specializing in Korean fast fashion styles. In 2010, HSTYLE launched Tao Brand, and received the ""Top 10 China’s Online Brand"" and ""The Best Globalization E-commerce Corporation"" awards. The company also won the ""Top 10 Online Brand"" award from the Chinese Annual Elite List of Textile & Clothing Industry. In 2012, HSTYLE’s sales ranked first in both Tmall.com and JD.com. As of October 2011, HSTYLE owned 23 operating departments and had more than 1,100 employees. The brand has developed six sub-brands including HSTYLE, AMH, MiniZaru, Soneed, niBBuns, and SOULINE. HSTYLE was established in 2008. In 2011, IDG and HSTYLE reached an agreement on a $10 million investment.

VANCL

Series F in 2011
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.

Moncler

Private Equity Round in 2011
Moncler S.p.A., headquartered in Milan, Italy, designs, produces, and distributes luxury clothing and accessories for men, women, and children under the Moncler brand. Established in 1952, the company has evolved to merge style with technological innovation, catering to both extreme outdoor needs and urban lifestyles. Moncler operates a global presence, generating 35% of its sales in Europe, the Middle East, and Africa, 15% in the Americas, and 50% in Asia and other regions. The majority of its revenue comes from direct-to-consumer sales, primarily through its own retail channels, which account for about 84% of total sales. The brand's core offerings include outerwear, which constitutes 75%-80% of revenue, alongside accessories, knitwear, and footwear. In addition to the Moncler brand, the company acquired Stone Island in 2021, which contributed 14% of its revenue in 2023. Moncler operates numerous retail locations and an online store, reinforcing its position as a leader in luxury outerwear.

Evisu

Corporate Round in 2011
Designer and manufacturer of designer apparel intended to provide denim apparel. The company operates as an internationally acclaimed lifestyle brand that started gaining the attention of the fashion world with Japanese selvage contemporary apparel with a product portfolio that includes full collections of men's and womenswear, with around 150 stores globally.

My 1%

Series A in 2011
My 1% is a 4-gold store for women's wear. It has also launched global outdoor photography services for real-person models. My 1%’s sales and credit rank first in the category of women's dress and follows the planning guideline of Baida all over the world. It has covered more than 20 countries and areas since it started the first global outdoor scene in Bali Island in June 2008. The sales amount of My 1% has been increasing exponentially since the online shop gained crown credit in 2008. The shop obtained the first gold crown in 2009, the second gold crown in 2010, and then the third gold crown within 8 months by December 2010. The shop has gained about 2 million good appraisals and became the first clothing online store with three gold crowns on the Taobao platform.

Iwode

Series A in 2011
Operator of a tailored menswear, womenswear, and kidswear chain in China providing customized apparel. Operator of a suits tailor chain in China providing customized apparel. The company partners with sustainable suppliers and renowned designers and is committed to providing world-class, individualized tailor services for a wide range of occasions including business, wedding and leisure.

uya100

Series A in 2011
uya100 engages in the sale of its own Toscaso brand of home textiles, and bed and bath textile products from other brands. The company was founded in 2010 and is based in Beijing, China.

China Garment

Venture Round in 2010
China Garment Co., Ltd. is a Chinese company engaged in the design, production, marketing, and sale of clothing products for men. The company introduces well-known brands and provides a range of casual wear for men such as gentleman’s and outdoor casual wear, as well as ornaments and accessories. The company operates with popular brands such as Jeep, Santa Barbara Polo, Racquet Club, Sideout, Hallmark, and others. It also runs its own apparel brand, Doright, and has obtained the right to use the brand "London Fog" to sell apparel.

VANCL

Series E in 2010
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.

Bosideng

Post in 2009
Bosideng International Holdings Limited is a prominent Chinese company specializing in the research, design, manufacturing, marketing, and distribution of down apparel products, as well as non-down apparel. It operates through four main segments: Down Apparels, OEM Management, Ladieswear Apparels, and Diversified Apparels. The company offers a variety of branded down jackets under names such as Bosideng, Snow Flying, and Bengen, while its ladieswear products are marketed under brands like JESSIE and KLOVA. In addition to its core apparel business, Bosideng provides logistics, e-business solutions, and brand design services. With a robust retail presence of over 8,000 outlets in China, Bosideng solidifies its leadership in the down jacket market, catering to diverse consumer segments. Established in 1976, the company is headquartered in Central, Hong Kong.

VANCL

Series D in 2008
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.

VANCL

Series B in 2008
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.

VANCL

Series A in 2007
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.

DangDang

Series C in 2006
DangDang Inc. is a prominent business-to-consumer e-commerce company based in Beijing, China, established in 1999. Initially focusing on online book sales, it became a leading book retailer in the country, offering a wide selection of approximately 930,000 books and media products. Over the years, DangDang expanded its offerings to include a diverse range of general merchandise, such as beauty and personal care items, home and lifestyle products, apparel, and consumer electronics. The company operates a marketplace program that allows third-party merchants to sell their products on its platform, presenting customers with a total of over 113,000 stock keeping units of merchandise. With a robust logistics network comprising 19 fulfillment centers, DangDang ensures efficient delivery services across the nation, catering to a large and growing customer base.

DangDang

Series A in 2000
DangDang Inc. is a prominent business-to-consumer e-commerce company based in Beijing, China, established in 1999. Initially focusing on online book sales, it became a leading book retailer in the country, offering a wide selection of approximately 930,000 books and media products. Over the years, DangDang expanded its offerings to include a diverse range of general merchandise, such as beauty and personal care items, home and lifestyle products, apparel, and consumer electronics. The company operates a marketplace program that allows third-party merchants to sell their products on its platform, presenting customers with a total of over 113,000 stock keeping units of merchandise. With a robust logistics network comprising 19 fulfillment centers, DangDang ensures efficient delivery services across the nation, catering to a large and growing customer base.
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