GSR Ventures

GSR Ventures, established in 2004, is a venture capital firm headquartered in Menlo Park, California, with an additional presence in Beijing, China. The company invests in early-stage technology companies, with a focus on those developing AI-enabled enterprise software, consumer platforms, and healthcare technology. GSR Ventures seeks to back entrepreneurs building disruptive businesses that can dominate multi-billion dollar markets. As of now, the firm manages approximately $3 billion across its funds.

Jefferson Chen

Partner

Haichen Hu MD

Partner

Daisy Jiang

Partner

Sunny Kumar

Partner

Richard Lim

Managing Director

Justin Norden

Partner

Jiaojie Ren

Partner

Mandy Wen

Partner

Zhiwei Yang

Project Partner

Ryann Yap

Managing Director, CFO and COO

David Yin

Partner

Yutong Zhang

Partner

Yuechen Zhao

Partner

Michelle Zhou

Partner

Allen Zhu

Managing Director

Past deals in Beijing

LibLib AI

Seed Round in 2024
LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.

CastBox

Series C in 2021
CastBox is a Beijing-based company, founded in 2016, that operates a spoken audio platform, providing users with access to a diverse range of podcasts, on-demand radio, and audiobooks. The platform enables listeners to discover content through advanced audio search capabilities, which tailor recommendations based on individual preferences and habits. Users can access the service through a mobile application compatible with various devices, including desktops and smart home devices. CastBox incorporates proprietary technology that employs natural language processing and machine learning to enhance the listening experience, allowing for deep search capabilities and curated podcast suggestions in multiple languages. With a focus on making spoken audio content easily discoverable and enjoyable, CastBox aims to serve a global audience from its offices in Beijing, Hong Kong, and San Francisco.

Flexiv

Series B in 2020
Flexiv Ltd. is a robotics and artificial intelligence company that specializes in the development and manufacturing of adaptive robots, which integrate force control, computer vision, and AI technologies. Founded in 2016, the company is headquartered in Shanghai, China, with additional offices in Santa Clara, California, and various other cities in China. Flexiv's flagship product, RIZON, is designed for applications such as curved-surface processing, plugging, and assembly. The company serves a diverse range of industries, including automotive electronics, new energy, home appliances, consumer electronics, aerospace, and high-speed trains. Flexiv's robotic systems are engineered to operate in complex and unstructured environments, enabling businesses to automate industrial processes and enhance operational efficiency while safely collaborating with human workers.

Glue Up

Series B in 2020
Glue Up, established in 2013 and headquartered in Beijing, China, is a software as a service (SaaS) company that offers an all-in-one cloud-based engagement management platform. This platform facilitates event and membership management, customer relationship management (CRM), and email marketing, designed to help organizations streamline operations and enhance community engagement. Glue Up's solutions include the Event Marketing Cloud, Business Growth Cloud, and tools tailored for associations and Chambers of Commerce. With a presence in 12 countries and a client base spanning over 50 countries, Glue Up serves a diverse range of clients, including associations, event organizers, businesses, and non-government organizations, by providing innovative digital tools that address engagement challenges and modernize operational processes.

Glue Up

Series B in 2020
Glue Up, established in 2013 and headquartered in Beijing, China, is a software as a service (SaaS) company that offers an all-in-one cloud-based engagement management platform. This platform facilitates event and membership management, customer relationship management (CRM), and email marketing, designed to help organizations streamline operations and enhance community engagement. Glue Up's solutions include the Event Marketing Cloud, Business Growth Cloud, and tools tailored for associations and Chambers of Commerce. With a presence in 12 countries and a client base spanning over 50 countries, Glue Up serves a diverse range of clients, including associations, event organizers, businesses, and non-government organizations, by providing innovative digital tools that address engagement challenges and modernize operational processes.

Longmao Data

Series B in 2020
Longmao Data is a Beijing-based company established in 2014 that specializes in providing data services for artificial intelligence platforms. The company focuses on collecting diverse forms of data, including images, texts, voices, and videos, which are then annotated through crowdsourcing. This annotated data is subsequently delivered to clients in the artificial intelligence sector, facilitating the training of their AI models. By offering comprehensive data solutions, Longmao Data plays a crucial role in enhancing the capabilities of AI technologies.

DeepMap

Series B in 2018
DeepMap, Inc. is a technology company that specializes in high-definition mapping and localization solutions for autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company focuses on enabling safe navigation in complex driving environments. DeepMap offers precise HD maps and ultra-accurate real-time localization, which are essential for self-driving cars to operate effectively across various road types and conditions. The company's solutions also include a robust infrastructure designed to support large-scale deployments of autonomous technology, thereby enhancing the safety and efficiency of self-driving vehicles.

Shuidinongchang (Water drop farm)

Angel Round in 2018
Shuidinongchang is a Gaming Start up based in Beijing.

CastBox

Series B in 2018
CastBox is a Beijing-based company, founded in 2016, that operates a spoken audio platform, providing users with access to a diverse range of podcasts, on-demand radio, and audiobooks. The platform enables listeners to discover content through advanced audio search capabilities, which tailor recommendations based on individual preferences and habits. Users can access the service through a mobile application compatible with various devices, including desktops and smart home devices. CastBox incorporates proprietary technology that employs natural language processing and machine learning to enhance the listening experience, allowing for deep search capabilities and curated podcast suggestions in multiple languages. With a focus on making spoken audio content easily discoverable and enjoyable, CastBox aims to serve a global audience from its offices in Beijing, Hong Kong, and San Francisco.

Moka

Series A in 2018
Smart recruitment system developer based in Beijing.

Paipaizhuan

Series B in 2017
Paipaizhuan is a Beijing-based image identification technology company. It provides shelf image recognition and retail business inspection services for retailers.

Longmao Data

Series A in 2017
Longmao Data is a Beijing-based company established in 2014 that specializes in providing data services for artificial intelligence platforms. The company focuses on collecting diverse forms of data, including images, texts, voices, and videos, which are then annotated through crowdsourcing. This annotated data is subsequently delivered to clients in the artificial intelligence sector, facilitating the training of their AI models. By offering comprehensive data solutions, Longmao Data plays a crucial role in enhancing the capabilities of AI technologies.

CastBox

Series A in 2017
CastBox is a Beijing-based company, founded in 2016, that operates a spoken audio platform, providing users with access to a diverse range of podcasts, on-demand radio, and audiobooks. The platform enables listeners to discover content through advanced audio search capabilities, which tailor recommendations based on individual preferences and habits. Users can access the service through a mobile application compatible with various devices, including desktops and smart home devices. CastBox incorporates proprietary technology that employs natural language processing and machine learning to enhance the listening experience, allowing for deep search capabilities and curated podcast suggestions in multiple languages. With a focus on making spoken audio content easily discoverable and enjoyable, CastBox aims to serve a global audience from its offices in Beijing, Hong Kong, and San Francisco.

YCloset

Series C in 2017
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

DeePhi

Series A in 2017
DeePhi Technology Co., Ltd., founded in 2016 and based in Beijing, China, specializes in developing deep learning artificial intelligence (AI) computing applications. The company focuses on creating automation flows for compression, compiling, and acceleration, achieving joint optimization between algorithms, software, and hardware. DeePhi Tech offers solutions for various terminals, from large servers to small mobile devices, utilizing a new processing unit called DPU for low-power, high-performance intelligent processing. Their technology is applied in neural network compression, compilation, processor design, and FPGA programming, serving industries such as drones, security surveillance, and cloud services. DeePhi Technology aims to provide efficient, convenient, and economical inference platforms for both embedded and server-side applications.

DeepMap

Series A in 2017
DeepMap, Inc. is a technology company that specializes in high-definition mapping and localization solutions for autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company focuses on enabling safe navigation in complex driving environments. DeepMap offers precise HD maps and ultra-accurate real-time localization, which are essential for self-driving cars to operate effectively across various road types and conditions. The company's solutions also include a robust infrastructure designed to support large-scale deployments of autonomous technology, thereby enhancing the safety and efficiency of self-driving vehicles.

YCloset

Series B in 2017
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

DeepMap

Seed Round in 2016
DeepMap, Inc. is a technology company that specializes in high-definition mapping and localization solutions for autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company focuses on enabling safe navigation in complex driving environments. DeepMap offers precise HD maps and ultra-accurate real-time localization, which are essential for self-driving cars to operate effectively across various road types and conditions. The company's solutions also include a robust infrastructure designed to support large-scale deployments of autonomous technology, thereby enhancing the safety and efficiency of self-driving vehicles.

Zero Zero Robotics

Series A in 2016
Zero Zero Robotics Inc. is a pioneering company in the field of smart flying robotics, specializing in the manufacture of hover cameras. Founded in 2014 by Stanford Ph.D.s MQ Wang and Tony Zhang, the company is headquartered in Shenzhen, China, and has additional offices in Beijing, San Francisco, Hangzhou, and Taiwan. Its flagship product, the Hover Camera Passport, is a consumer-friendly autonomous flying camera designed to capture unique perspectives and memorable moments. The device utilizes Qualcomm Snapdragon Flight drone software and embedded artificial intelligence for navigation, enhancing its performance in aerial photography. Since its launch, the Hover Camera Passport has garnered significant acclaim, winning multiple awards such as Best of the Best from Red Dot Design and IF Design. Zero Zero Robotics has established a worldwide partnership with Apple retail and employs over 120 individuals, positioning itself as a leader in innovative consumer technology.

YCloset

Series A in 2016
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

Inke

Series A in 2015
Inke Limited is an investment holding company based in Beijing, China, that operates mobile live streaming platforms and social networking products. Established in 2015, it primarily offers the Inke App, enabling users to watch live video broadcasts on their smartphones, and the Jimu App for social networking. The company generates revenue from a variety of services, including online advertising, value-added telecommunications, internet cultural services, online audio and video programming, and talent agency services. Additionally, Inke provides supporting services for mobile live streaming operations and offers technology and consulting services. The company is also involved in the development of online games and investments in internet-related ventures, focusing primarily on the Chinese market.

GeoTMT

Series B in 2013
GeoTMT operates as an advertising data technology company. It offers an advertising platform that helps clients in the management and release of Internet advertisements. GeoTMT provides Internet advertisement dispatch services to advertisers and advertising agencies. It offers big data marketing solutions, including big data access and mining solutions. GeoTMT began operation in 2011, with its headquarters in Beijing in China. It has additional offices in Shanghai and Guangzhou.

GeoTMT

Series A in 2012
GeoTMT operates as an advertising data technology company. It offers an advertising platform that helps clients in the management and release of Internet advertisements. GeoTMT provides Internet advertisement dispatch services to advertisers and advertising agencies. It offers big data marketing solutions, including big data access and mining solutions. GeoTMT began operation in 2011, with its headquarters in Beijing in China. It has additional offices in Shanghai and Guangzhou.

IZP Technologies

Venture Round in 2011
IZP Technologies Co., Ltd. is a high-technology company based in Beijing, China, specializing in digital marketing solutions tailored for the telecom media technology industry. The company offers a wide range of services, including market research, data analysis, advertising optimization, and user experience enhancement. Its solutions encompass various products such as AdWib, a mobile advertising solution; Adwin, an Internet keyword advertising scheme; and AdEngine, an advertising marketing engine. Additionally, IZP provides an integrated media platform called Internet TV Show for TV commercial clients and ZBoss, an advertising operating system that streamlines ad customization and management. With a focus on big data marketing strategies, IZP serves both large brand advertisers and small to medium enterprises, offering comprehensive internet services and F2C solutions. The company has established operational centers in Europe, Latin America, and Southeast Asia, connecting with numerous multinational telecoms and reaching a vast audience of 800 million internet users across 89 countries.

Beijing Infinite World

Series B in 2011
Beijing Infinite World Co., Ltd., established in 2010 by industry veteran Zengge, is a leading Chinese cultural and creative enterprise specializing in the research, development, and operation of online games across various platforms. Its flagship product, Infinite World, is a featured 3D online game. The company boasts substantial capital, experienced teams, and successful financing rounds, having previously led the production and operation of popular online games like Perfect World and Jade Dynasty.

VIPstore.com

Series D in 2011
VIPStore (佳品网), a subsidiary of Beijing Xinghe Fengshang Technology Co., Ltd., is a Chienese high-end internet marketing platform of world famous brands. Offering clients with a satisfying high-end shopping experience to meet the pursuit of extravagant life styles, VIPStore has the direct authorization to sell more than 500 international luxury brands. VIPStore was officially launched in 2009 and its company is headquartered in Bejing, with branches in Los Angeles and Paris. The global commodity supply chain of VIPStore is widely spread all over Europe, North America, Australia, Japan and South Korea up-to-date.

Link Motion

Venture Round in 2011
Link Motion is a global provider of consumer and enterprise mobile Internet services, specializing in smart car and smart ride solutions. Founded in 2005, the company offers a range of technology solutions, including secure connected carputers designed for the automotive industry and consumer ride-sharing services. In addition to its focus on the evolving smart car sector, Link Motion maintains legacy offerings in mobile security and productivity applications. With a presence in major cities such as Beijing, Hong Kong, Taipei, Dallas, and Finland, the company has positioned itself to meet the demands of the burgeoning mobile and automotive markets.

ShineOn

Series C in 2011
Shineon (Beijing) Technology Co., Ltd. is a high-tech enterprise based in China that specializes in the development and manufacturing of high-brightness LED packaging products. The company focuses on creating innovative optoelectronic technologies and light-emitting diode devices for various applications, including high-power and smart lighting systems, as well as miniLED displays for virtual production and extended reality. Shineon is committed to research and development, producing LED products characterized by low thermal resistance, high brightness, and consistent color temperature. Its SMD-LED products are designed to meet the needs of LCD backlighting across different sizes. Additionally, Shineon's high-brightness LED chips and integrated packaging solutions contribute to advancements in solid-state lighting, enabling efficient and effective lighting and display solutions without the need for additional electronic components.

Lashou.com

Series C in 2011
Lashou.com is a location-based social commerce platform that facilitates online-to-offline transactions for users in China. Founded in March 2010, the company has become the largest group-purchasing website in the country, serving over 500 cities, including Beijing, Shanghai, Hong Kong, and Taipei. Lashou provides merchants with effective marketing solutions while allowing users to access discounts and coupons through group buying. The platform has experienced significant growth, boasting approximately 3 million registered users and over 30 million monthly visits. Lashou aims to expand its services into Southeast Asian markets, including Malaysia, Thailand, and Singapore, in the near future. The company has successfully raised $55 million from various investors, contributing to its estimated market value of $1.1 billion.

VIPstore.com

Series C in 2011
VIPStore (佳品网), a subsidiary of Beijing Xinghe Fengshang Technology Co., Ltd., is a Chienese high-end internet marketing platform of world famous brands. Offering clients with a satisfying high-end shopping experience to meet the pursuit of extravagant life styles, VIPStore has the direct authorization to sell more than 500 international luxury brands. VIPStore was officially launched in 2009 and its company is headquartered in Bejing, with branches in Los Angeles and Paris. The global commodity supply chain of VIPStore is widely spread all over Europe, North America, Australia, Japan and South Korea up-to-date.

Dianxin

Series A in 2011
Dianxin (点心移动) is a Chinese company providing intelligent terminal integrated solutions based on mobile internet. Established in 2010, (Beijing Wind Spirit Science and Technology Co., Ltd) is the first incubator company of Innovation Works that was under the leadership of Dr. Li Kaifu. It is committed to the professional development of Android applications, enhancing system functions such as integration capability, availability, and security of clouds in the operating system level. The company’s main products include baidu mobile guards (the original android optimized master), DX Home, DX-Power Manager, and more. The baidu mobile guards have accumulated more than 200 million loyal users. It also received ten million US dollars as Round A investment from Kanchenjunga Venture Capital in March 2011 and the accumulative total number of its users exceeded 100 million in February 2013.

Lashou.com

Series B in 2010
Lashou.com is a location-based social commerce platform that facilitates online-to-offline transactions for users in China. Founded in March 2010, the company has become the largest group-purchasing website in the country, serving over 500 cities, including Beijing, Shanghai, Hong Kong, and Taipei. Lashou provides merchants with effective marketing solutions while allowing users to access discounts and coupons through group buying. The platform has experienced significant growth, boasting approximately 3 million registered users and over 30 million monthly visits. Lashou aims to expand its services into Southeast Asian markets, including Malaysia, Thailand, and Singapore, in the near future. The company has successfully raised $55 million from various investors, contributing to its estimated market value of $1.1 billion.

IZP Technologies

Venture Round in 2010
IZP Technologies Co., Ltd. is a high-technology company based in Beijing, China, specializing in digital marketing solutions tailored for the telecom media technology industry. The company offers a wide range of services, including market research, data analysis, advertising optimization, and user experience enhancement. Its solutions encompass various products such as AdWib, a mobile advertising solution; Adwin, an Internet keyword advertising scheme; and AdEngine, an advertising marketing engine. Additionally, IZP provides an integrated media platform called Internet TV Show for TV commercial clients and ZBoss, an advertising operating system that streamlines ad customization and management. With a focus on big data marketing strategies, IZP serves both large brand advertisers and small to medium enterprises, offering comprehensive internet services and F2C solutions. The company has established operational centers in Europe, Latin America, and Southeast Asia, connecting with numerous multinational telecoms and reaching a vast audience of 800 million internet users across 89 countries.

ShineOn

Series B in 2010
Shineon (Beijing) Technology Co., Ltd. is a high-tech enterprise based in China that specializes in the development and manufacturing of high-brightness LED packaging products. The company focuses on creating innovative optoelectronic technologies and light-emitting diode devices for various applications, including high-power and smart lighting systems, as well as miniLED displays for virtual production and extended reality. Shineon is committed to research and development, producing LED products characterized by low thermal resistance, high brightness, and consistent color temperature. Its SMD-LED products are designed to meet the needs of LCD backlighting across different sizes. Additionally, Shineon's high-brightness LED chips and integrated packaging solutions contribute to advancements in solid-state lighting, enabling efficient and effective lighting and display solutions without the need for additional electronic components.

Link Motion

Venture Round in 2010
Link Motion is a global provider of consumer and enterprise mobile Internet services, specializing in smart car and smart ride solutions. Founded in 2005, the company offers a range of technology solutions, including secure connected carputers designed for the automotive industry and consumer ride-sharing services. In addition to its focus on the evolving smart car sector, Link Motion maintains legacy offerings in mobile security and productivity applications. With a presence in major cities such as Beijing, Hong Kong, Taipei, Dallas, and Finland, the company has positioned itself to meet the demands of the burgeoning mobile and automotive markets.

Link Motion

Venture Round in 2010
Link Motion is a global provider of consumer and enterprise mobile Internet services, specializing in smart car and smart ride solutions. Founded in 2005, the company offers a range of technology solutions, including secure connected carputers designed for the automotive industry and consumer ride-sharing services. In addition to its focus on the evolving smart car sector, Link Motion maintains legacy offerings in mobile security and productivity applications. With a presence in major cities such as Beijing, Hong Kong, Taipei, Dallas, and Finland, the company has positioned itself to meet the demands of the burgeoning mobile and automotive markets.

Lashou.com

Series A in 2010
Lashou.com is a location-based social commerce platform that facilitates online-to-offline transactions for users in China. Founded in March 2010, the company has become the largest group-purchasing website in the country, serving over 500 cities, including Beijing, Shanghai, Hong Kong, and Taipei. Lashou provides merchants with effective marketing solutions while allowing users to access discounts and coupons through group buying. The platform has experienced significant growth, boasting approximately 3 million registered users and over 30 million monthly visits. Lashou aims to expand its services into Southeast Asian markets, including Malaysia, Thailand, and Singapore, in the near future. The company has successfully raised $55 million from various investors, contributing to its estimated market value of $1.1 billion.

Link Motion

Venture Round in 2010
Link Motion is a global provider of consumer and enterprise mobile Internet services, specializing in smart car and smart ride solutions. Founded in 2005, the company offers a range of technology solutions, including secure connected carputers designed for the automotive industry and consumer ride-sharing services. In addition to its focus on the evolving smart car sector, Link Motion maintains legacy offerings in mobile security and productivity applications. With a presence in major cities such as Beijing, Hong Kong, Taipei, Dallas, and Finland, the company has positioned itself to meet the demands of the burgeoning mobile and automotive markets.

ShineOn

Series A in 2010
Shineon (Beijing) Technology Co., Ltd. is a high-tech enterprise based in China that specializes in the development and manufacturing of high-brightness LED packaging products. The company focuses on creating innovative optoelectronic technologies and light-emitting diode devices for various applications, including high-power and smart lighting systems, as well as miniLED displays for virtual production and extended reality. Shineon is committed to research and development, producing LED products characterized by low thermal resistance, high brightness, and consistent color temperature. Its SMD-LED products are designed to meet the needs of LCD backlighting across different sizes. Additionally, Shineon's high-brightness LED chips and integrated packaging solutions contribute to advancements in solid-state lighting, enabling efficient and effective lighting and display solutions without the need for additional electronic components.

Qunar.com

Series C in 2009
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.

Link Motion

Venture Round in 2007
Link Motion is a global provider of consumer and enterprise mobile Internet services, specializing in smart car and smart ride solutions. Founded in 2005, the company offers a range of technology solutions, including secure connected carputers designed for the automotive industry and consumer ride-sharing services. In addition to its focus on the evolving smart car sector, Link Motion maintains legacy offerings in mobile security and productivity applications. With a presence in major cities such as Beijing, Hong Kong, Taipei, Dallas, and Finland, the company has positioned itself to meet the demands of the burgeoning mobile and automotive markets.

Qunar.com

Series B in 2007
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.

Network Game Interaction

Series A in 2007
Network Game Interaction (NGI), is an in-game advertising service provider founded in 2005 in Beijing, China. In 2007 it announced that it completed its series A funding of $10 million from [GSR Ventures](http://www.crunchbase.com/financial-organization/gsr-ventures-management). NGI cooperates with over 50 top Chinese online games, including MMORPG and leisure games, to provide online ads inside games.

Beijing PingCo Technology

Series B in 2007
Beijing PingCo Technology Co., Ltd. (明致无限) is a professional Chinese high-tech company focused on the development of wireless internet applications for mobiles. The company’s major product, PingCo, is a mobile phone client software based on GPRS and includes features such as free text messages, calls, circles of friends, casual dating community, and new friends. PingCo supports more than 2000 types of mobile phones that include Nokia, MoTo, and Sony Ericsson, and is a terminal domestic software that is compatible with most mobile types.

UiTV

Series A in 2006
Beijing UiTV is a prominent online video operation service provider, managing China's largest online TV platform. This platform offers a wide array of videos compatible with various devices, including PCs, MP4 players, and mobile phones. UiTV effectively connects content and service providers, ensuring users have access to a rich selection of video resources. Additionally, it serves as an integrated communication platform for advertising agencies and advertisers, leveraging technology and operational management to enhance user experience. Through its extensive collaborations with high-end content providers and internet companies, UiTV maintains a significant presence in the digital media landscape, enabling clients to enjoy instant, multi-screen access to diverse content.

Qunar.com

Series A in 2006
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.

Beijing PingCo Technology

Series A in 2005
Beijing PingCo Technology Co., Ltd. (明致无限) is a professional Chinese high-tech company focused on the development of wireless internet applications for mobiles. The company’s major product, PingCo, is a mobile phone client software based on GPRS and includes features such as free text messages, calls, circles of friends, casual dating community, and new friends. PingCo supports more than 2000 types of mobile phones that include Nokia, MoTo, and Sony Ericsson, and is a terminal domestic software that is compatible with most mobile types.
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