Joy Capital

Founded in 2011, Joy Capital is a venture capital firm primarily focused on the technology and innovative consumption sectors. With over a decade of experience investing in startups across Europe, North America, and Asia, they have invested in over 80 companies, with many achieving unicorn status.

Kevin Li

Founding Partner

Erhai Liu

Managing Partner

Graham O'Keeffe

Managing Partner

Past deals in Asia

Ehomepoct

Series C in 2022
Ehomepoct is a healthcare management company based in Changsha, China, specializing in the manufacture of diagnostic test kits. The company produces a range of products, including pregnancy tests, inflammation tests, menstrual period tests, and early embryo testing kits. In addition to its diagnostic offerings, Ehomepoct integrates artificial intelligence into its healthcare solutions, enhancing rapid diagnosis and health management services. Through its innovative approach, Ehomepoct aims to improve medical treatment and facilitate better health outcomes.

Uxin

Post in 2022
Uxin Limited is a Beijing-based investment holding company that operates a used car e-commerce platform in China. Founded in 2011, Uxin provides a comprehensive suite of services through its Uxin Used Car and Uxin Auction applications. The Uxin Used Car platform offers consumers personalized car recommendations, financing options, title transfer, delivery, insurance referrals, and warranties. Meanwhile, Uxin Auction caters to business buyers by facilitating vehicle sourcing through online auctions. Additionally, Uxin supports used car transactions and connects buyers with third-party financing partners for their purchases. The company aims to streamline the used car buying process and enhance the overall customer experience in the automotive market.

Starfield Food Science Technology

Series B in 2022
Founded in Shenzhen, China in 2019, Starfield Food Science Technology produces and sells plant-based meat products through various outlets and online platforms. The company focuses on developing safe, healthy, and environmentally friendly food options under scientific guidance.

Blueglass Yogurt

Series B in 2021
Blueglass Yogurt is a food and beverage brand based in China that specializes in a diverse range of yogurt-based products. The company offers an extensive selection, including signature fancy yogurt, fruit yogurt, yogurt salads, cakes, pastries, drinks, and ice cream. By owning and operating its stores, Blueglass Yogurt ensures that customers have access to freshly made yogurt, enhancing the overall consumer experience. The brand aims to cater to the growing demand for fresh and innovative yogurt products among domestic consumers.

Megarobo

Corporate Round in 2021
Megarobo is an AI and robotics company established in 2016 and headquartered in Beijing, China. It specializes in developing collaborative robots and advanced automation solutions tailored for life sciences, clinical diagnosis, and applied chemistry. By focusing on integrating robotics and artificial intelligence into industry applications, Megarobo aims to enhance research efficiency for life science companies and scientific research institutions. The company is dedicated to providing flexible and practical automation products that streamline laboratory services, ultimately driving innovation in the field of scientific research.

Luckin Coffee

Post in 2021
Luckin Coffee Inc. is a prominent coffee retailer based in Xiamen, China, specializing in the sale of freshly brewed drinks and pre-made food items. Founded in 2017, the company aims to establish itself as a leading high-quality coffee brand and professional coffee service provider in the country. It offers a diverse range of products, including coffee and non-coffee beverages, alongside light meals. The company operates through various store formats, including pick-up stores, relax stores, and delivery kitchens, and utilizes a mobile app and third-party platforms to facilitate customer purchases. By sourcing premium Arabica coffee beans and collaborating with World Barista Champion teams for recipe development, Luckin Coffee strives to enhance the coffee consumer experience and promote coffee culture in China. As of March 2019, it operated 2,370 stores across 28 cities in the country.

Megarobo

Series B in 2021
Megarobo is an AI and robotics company established in 2016 and headquartered in Beijing, China. It specializes in developing collaborative robots and advanced automation solutions tailored for life sciences, clinical diagnosis, and applied chemistry. By focusing on integrating robotics and artificial intelligence into industry applications, Megarobo aims to enhance research efficiency for life science companies and scientific research institutions. The company is dedicated to providing flexible and practical automation products that streamline laboratory services, ultimately driving innovation in the field of scientific research.

Megarobo

Series B in 2020
Megarobo is an AI and robotics company established in 2016 and headquartered in Beijing, China. It specializes in developing collaborative robots and advanced automation solutions tailored for life sciences, clinical diagnosis, and applied chemistry. By focusing on integrating robotics and artificial intelligence into industry applications, Megarobo aims to enhance research efficiency for life science companies and scientific research institutions. The company is dedicated to providing flexible and practical automation products that streamline laboratory services, ultimately driving innovation in the field of scientific research.

Starfield Food Science Technology

Series A in 2020
Founded in Shenzhen, China in 2019, Starfield Food Science Technology produces and sells plant-based meat products through various outlets and online platforms. The company focuses on developing safe, healthy, and environmentally friendly food options under scientific guidance.

Starfield Food Science Technology

Series A in 2020
Founded in Shenzhen, China in 2019, Starfield Food Science Technology produces and sells plant-based meat products through various outlets and online platforms. The company focuses on developing safe, healthy, and environmentally friendly food options under scientific guidance.

Starfield Food Science Technology

Angel Round in 2020
Founded in Shenzhen, China in 2019, Starfield Food Science Technology produces and sells plant-based meat products through various outlets and online platforms. The company focuses on developing safe, healthy, and environmentally friendly food options under scientific guidance.

Healthy.io

Series C in 2019
Healthy.io Ltd is a Tel Aviv-Yafo-based company founded in 2013 that specializes in home urinalysis kits for diagnosing diseases, urinary tract infections, and pregnancy complications. The company has developed an innovative product, Dip.io, which transforms a smartphone camera into a clinical-grade medical device for urine analysis. This product enables users to conduct urine tests by guiding them through the testing process, capturing images of test strips, and analyzing the results. The findings are automatically sent to the patient's electronic medical record for clinical follow-up. Healthy.io has expanded its offerings with an additional urinalysis test, ACR, designed for individuals with diabetes or high blood pressure to monitor kidney health. Furthermore, the company has ventured into chronic wound monitoring, providing tools to assess and manage chronic wounds effectively. Healthy.io aims to enhance patient care and facilitate remote health monitoring through its digital health technologies.

Megarobo

Series A in 2019
Megarobo is an AI and robotics company established in 2016 and headquartered in Beijing, China. It specializes in developing collaborative robots and advanced automation solutions tailored for life sciences, clinical diagnosis, and applied chemistry. By focusing on integrating robotics and artificial intelligence into industry applications, Megarobo aims to enhance research efficiency for life science companies and scientific research institutions. The company is dedicated to providing flexible and practical automation products that streamline laboratory services, ultimately driving innovation in the field of scientific research.

MissZero

Series A in 2019
MissZero is a Beijing-based company founded in 2017 that specializes in the development and production of sugar-free food products. The brand focuses on natural sugar substitutes, notably stevia leaf sugar and mogroside, to replace traditional sucrose in its offerings. MissZero provides two main product lines: meal replacements and snacks. The meal replacement line includes items such as anti-balloon coffee, anti-ball tea, and ballistic meal replacement cakes, aimed at delivering nutritional meals without the concern of weight gain. Additionally, the snack line features a variety of options, including cookies, chocolates, and forthcoming ice cream products, all designed to cater to health-conscious consumers seeking flavorful alternatives.

Luckin Coffee

Series B in 2019
Luckin Coffee Inc. is a prominent coffee retailer based in Xiamen, China, specializing in the sale of freshly brewed drinks and pre-made food items. Founded in 2017, the company aims to establish itself as a leading high-quality coffee brand and professional coffee service provider in the country. It offers a diverse range of products, including coffee and non-coffee beverages, alongside light meals. The company operates through various store formats, including pick-up stores, relax stores, and delivery kitchens, and utilizes a mobile app and third-party platforms to facilitate customer purchases. By sourcing premium Arabica coffee beans and collaborating with World Barista Champion teams for recipe development, Luckin Coffee strives to enhance the coffee consumer experience and promote coffee culture in China. As of March 2019, it operated 2,370 stores across 28 cities in the country.

Danke Apartment

Series C in 2019
Danke Apartment is a prominent internet-enabled apartment management startup based in China, founded in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering innovative solutions for both property owners and renters. The company centrally manages apartments sourced from property owners, standardizing design, renovation, and furnishing to ensure high-quality living spaces. With a focus on providing reliable, one-stop services, Danke Apartment operates entirely online, eliminating the need for physical storefronts and facilitating a seamless experience for its users.

Luckin Coffee

Series B in 2018
Luckin Coffee Inc. is a prominent coffee retailer based in Xiamen, China, specializing in the sale of freshly brewed drinks and pre-made food items. Founded in 2017, the company aims to establish itself as a leading high-quality coffee brand and professional coffee service provider in the country. It offers a diverse range of products, including coffee and non-coffee beverages, alongside light meals. The company operates through various store formats, including pick-up stores, relax stores, and delivery kitchens, and utilizes a mobile app and third-party platforms to facilitate customer purchases. By sourcing premium Arabica coffee beans and collaborating with World Barista Champion teams for recipe development, Luckin Coffee strives to enhance the coffee consumer experience and promote coffee culture in China. As of March 2019, it operated 2,370 stores across 28 cities in the country.

Xiaozhu.com

Series F in 2018
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Tuhu

Series E in 2018
Tuhu operates an integrated online and offline platform for automotive services in China, delivering same-day or next-day delivery of after-sales products and installation services to customers across mainland China in over 260 cities. It serves online channels through its website, mobile app, call center, and third-party e-commerce platforms, and offline via self-operated workshops, franchised workshops, and third-party partner stores. The platform aggregates diverse car service needs for passenger vehicles, including tires, chassis parts replacement, maintenance, repair, and detailing, through its TUHU Automotive Service app and related interfaces, providing a centralized, on-demand service experience.

MyDreamPlus

Series C in 2018
MyDreamPlus is a co-working space startup that focuses on providing a technologically advanced working environment. Established in May 2015, the company integrates space design, smart office management, and community operations to create high-quality workspaces. MyDreamPlus designs innovative furniture and develops management systems that allow customers to address office-related tasks through their smartphones, such as accessing doors, booking meeting rooms, and sharing Wi-Fi passwords. With a presence in over 20 locations primarily in major cities like Beijing and Chengdu, the company has attracted more than 300 enterprises, with a significant majority being established firms. This diverse clientele includes notable companies such as COFCO, Chinese TAL Education Group, Airbnb, and VIPKID, reflecting MyDreamPlus's commitment to catering to various business needs, from startups to larger corporate teams.

The Good Stuff

Series B in 2018
Founded in 2016, The Good Stuff is a community-based e-commerce startup focused on making premium products accessible to middle-class consumers in China. The company capitalizes on the growing trend of consumption in the country by emphasizing quality, wellness, and enjoyment. The Good Stuff employs a network of Curators who source high-quality products from farmers and artisanal producers worldwide. These products are then presented to Stylists, primarily young parents who serve as opinion leaders within their communities. Stylists select their preferred items and share recommendations with their networks, earning commissions for their contributions. Through this model, The Good Stuff fosters a community-driven approach to e-commerce while enhancing access to premium offerings.

Luckin Coffee

Series A in 2018
Luckin Coffee Inc. is a prominent coffee retailer based in Xiamen, China, specializing in the sale of freshly brewed drinks and pre-made food items. Founded in 2017, the company aims to establish itself as a leading high-quality coffee brand and professional coffee service provider in the country. It offers a diverse range of products, including coffee and non-coffee beverages, alongside light meals. The company operates through various store formats, including pick-up stores, relax stores, and delivery kitchens, and utilizes a mobile app and third-party platforms to facilitate customer purchases. By sourcing premium Arabica coffee beans and collaborating with World Barista Champion teams for recipe development, Luckin Coffee strives to enhance the coffee consumer experience and promote coffee culture in China. As of March 2019, it operated 2,370 stores across 28 cities in the country.

Danke Apartment

Series B in 2018
Danke Apartment is a prominent internet-enabled apartment management startup based in China, founded in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering innovative solutions for both property owners and renters. The company centrally manages apartments sourced from property owners, standardizing design, renovation, and furnishing to ensure high-quality living spaces. With a focus on providing reliable, one-stop services, Danke Apartment operates entirely online, eliminating the need for physical storefronts and facilitating a seamless experience for its users.

Megarobo

Series A in 2018
Megarobo is an AI and robotics company established in 2016 and headquartered in Beijing, China. It specializes in developing collaborative robots and advanced automation solutions tailored for life sciences, clinical diagnosis, and applied chemistry. By focusing on integrating robotics and artificial intelligence into industry applications, Megarobo aims to enhance research efficiency for life science companies and scientific research institutions. The company is dedicated to providing flexible and practical automation products that streamline laboratory services, ultimately driving innovation in the field of scientific research.

Haozu.com

Series C in 2018
Haozu.com is a prominent Chinese platform dedicated to providing house renting information and services. Launched in 2009, it is part of a larger group that includes Anjuke.com, which focuses on house-buying information, and other commercial real estate services. Haozu.com has established a significant presence in 58 major cities, including Shanghai, Beijing, and Guangzhou, offering nearly 700,000 rental housing resources. The platform attracts an average of 500,000 users daily seeking rental information. Additionally, Haozu's mobile application has gained popularity among renters, amassing over 4.5 million users, which accounts for 74% of the rental app market in China. The company utilizes cloud computing and big data to enhance its services, providing a comprehensive solution for tenants and property owners alike.

Weimai

Series A in 2018
Marketing management system developer based in Beijing.

Luckin Coffee

Seed Round in 2018
Luckin Coffee Inc. is a prominent coffee retailer based in Xiamen, China, specializing in the sale of freshly brewed drinks and pre-made food items. Founded in 2017, the company aims to establish itself as a leading high-quality coffee brand and professional coffee service provider in the country. It offers a diverse range of products, including coffee and non-coffee beverages, alongside light meals. The company operates through various store formats, including pick-up stores, relax stores, and delivery kitchens, and utilizes a mobile app and third-party platforms to facilitate customer purchases. By sourcing premium Arabica coffee beans and collaborating with World Barista Champion teams for recipe development, Luckin Coffee strives to enhance the coffee consumer experience and promote coffee culture in China. As of March 2019, it operated 2,370 stores across 28 cities in the country.

MyDreamPlus

Series B in 2018
MyDreamPlus is a co-working space startup that focuses on providing a technologically advanced working environment. Established in May 2015, the company integrates space design, smart office management, and community operations to create high-quality workspaces. MyDreamPlus designs innovative furniture and develops management systems that allow customers to address office-related tasks through their smartphones, such as accessing doors, booking meeting rooms, and sharing Wi-Fi passwords. With a presence in over 20 locations primarily in major cities like Beijing and Chengdu, the company has attracted more than 300 enterprises, with a significant majority being established firms. This diverse clientele includes notable companies such as COFCO, Chinese TAL Education Group, Airbnb, and VIPKID, reflecting MyDreamPlus's commitment to catering to various business needs, from startups to larger corporate teams.

HaoHaoZhu

Series B in 2018
HaoHaoZhu is an online platform based in Beijing, China, specializing in home improvement and interior design. Founded in 2015, the company provides a mobile application and website where users can explore decoration solutions tailored to their homes. The platform facilitates connections between users and sellers, allowing for the sharing of images and ideas. By curating a range of interior design solutions from professional designers, HaoHaoZhu offers innovative and comprehensive home design plans, catering especially to new homeowners. Through its community-oriented approach, the platform serves as a resource for information sharing and inspiration in the realm of home improvement.

Danke Apartment

Series B in 2018
Danke Apartment is a prominent internet-enabled apartment management startup based in China, founded in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering innovative solutions for both property owners and renters. The company centrally manages apartments sourced from property owners, standardizing design, renovation, and furnishing to ensure high-quality living spaces. With a focus on providing reliable, one-stop services, Danke Apartment operates entirely online, eliminating the need for physical storefronts and facilitating a seamless experience for its users.

Akoko

Series A in 2018
Akoko is a bakery based in Hangzhou, China, specializing in the production of healthy and visually appealing baked goods. The company offers a range of products, including cookies, pastries, and ice cream, focusing on delivering high-quality snacks that are free from additives. By prioritizing both taste and health, Akoko aims to cater to consumers looking for delicious treats that align with their wellness goals.

The Good Stuff

Series B in 2018
Founded in 2016, The Good Stuff is a community-based e-commerce startup focused on making premium products accessible to middle-class consumers in China. The company capitalizes on the growing trend of consumption in the country by emphasizing quality, wellness, and enjoyment. The Good Stuff employs a network of Curators who source high-quality products from farmers and artisanal producers worldwide. These products are then presented to Stylists, primarily young parents who serve as opinion leaders within their communities. Stylists select their preferred items and share recommendations with their networks, earning commissions for their contributions. Through this model, The Good Stuff fosters a community-driven approach to e-commerce while enhancing access to premium offerings.

Xinshang

Series C in 2018
Xinshang is a Chinese e-commerce platform that operates a customer-to-customer marketplace specializing in secondhand luxury goods, such as bags, shoes, watches, clothing, and jewelry. The platform allows users to sell their used luxury items or purchase both secondhand and new luxury products at competitive prices. Xinshang has experienced significant growth, with its monthly transaction value increasing by 30% consistently. The company claims to hold over 50% of the secondhand luxury goods market in China, positioning itself as a leading player in this sector.

Xiaozhu.com

Series E in 2017
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Vingoo Juice

Series B in 2017
Vingoo Juice is a company that specializes in creating innovative, autonomous machines for producing fresh orange juice, primarily targeting the community market in China. These machines employ a whole fruit extraction method, which maximizes juice yield from each orange, ensuring customers receive enhanced value for their purchases. By integrating advanced technologies such as cloud computing, artificial intelligence, and mobile payment systems, Vingoo Juice significantly enhances the consumer experience, making the process of obtaining fresh juice more convenient and efficient.

ShopEx

Series D in 2017
ShopEx is a Chinese e-commerce software developer and service provider, specializing in research and development of e-commerce solutions. It offers independent core technology and intellectual property rights-based software services for retail merchants.

Danke Apartment

Series A in 2017
Danke Apartment is a prominent internet-enabled apartment management startup based in China, founded in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering innovative solutions for both property owners and renters. The company centrally manages apartments sourced from property owners, standardizing design, renovation, and furnishing to ensure high-quality living spaces. With a focus on providing reliable, one-stop services, Danke Apartment operates entirely online, eliminating the need for physical storefronts and facilitating a seamless experience for its users.

MyDreamPlus

Series B in 2017
MyDreamPlus is a co-working space startup that focuses on providing a technologically advanced working environment. Established in May 2015, the company integrates space design, smart office management, and community operations to create high-quality workspaces. MyDreamPlus designs innovative furniture and develops management systems that allow customers to address office-related tasks through their smartphones, such as accessing doors, booking meeting rooms, and sharing Wi-Fi passwords. With a presence in over 20 locations primarily in major cities like Beijing and Chengdu, the company has attracted more than 300 enterprises, with a significant majority being established firms. This diverse clientele includes notable companies such as COFCO, Chinese TAL Education Group, Airbnb, and VIPKID, reflecting MyDreamPlus's commitment to catering to various business needs, from startups to larger corporate teams.

Haozu.com

Series B in 2016
Haozu.com is a prominent Chinese platform dedicated to providing house renting information and services. Launched in 2009, it is part of a larger group that includes Anjuke.com, which focuses on house-buying information, and other commercial real estate services. Haozu.com has established a significant presence in 58 major cities, including Shanghai, Beijing, and Guangzhou, offering nearly 700,000 rental housing resources. The platform attracts an average of 500,000 users daily seeking rental information. Additionally, Haozu's mobile application has gained popularity among renters, amassing over 4.5 million users, which accounts for 74% of the rental app market in China. The company utilizes cloud computing and big data to enhance its services, providing a comprehensive solution for tenants and property owners alike.

Xiaozhu.com

Series D in 2016
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Meituan Bike

Series C in 2016
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.

Meituan Bike

Series B in 2016
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.

NIO

Series B in 2016
NIO is a pioneering Chinese company specializing in premium smart electric vehicles. Established in 2014, NIO designs, manufactures, and sells high-performance EVs, focusing on the premium segment. The company offers a range of models including SUVs and sedans, and is known for its innovative charging solutions such as battery swapping services. NIO also invests in next-generation technologies like autonomous driving and artificial intelligence to enhance user experience.

Haozu.com

Series A in 2016
Haozu.com is a prominent Chinese platform dedicated to providing house renting information and services. Launched in 2009, it is part of a larger group that includes Anjuke.com, which focuses on house-buying information, and other commercial real estate services. Haozu.com has established a significant presence in 58 major cities, including Shanghai, Beijing, and Guangzhou, offering nearly 700,000 rental housing resources. The platform attracts an average of 500,000 users daily seeking rental information. Additionally, Haozu's mobile application has gained popularity among renters, amassing over 4.5 million users, which accounts for 74% of the rental app market in China. The company utilizes cloud computing and big data to enhance its services, providing a comprehensive solution for tenants and property owners alike.

Meituan Bike

Series A in 2015
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.

Tuhu

Series C in 2015
Tuhu operates an integrated online and offline platform for automotive services in China, delivering same-day or next-day delivery of after-sales products and installation services to customers across mainland China in over 260 cities. It serves online channels through its website, mobile app, call center, and third-party e-commerce platforms, and offline via self-operated workshops, franchised workshops, and third-party partner stores. The platform aggregates diverse car service needs for passenger vehicles, including tires, chassis parts replacement, maintenance, repair, and detailing, through its TUHU Automotive Service app and related interfaces, providing a centralized, on-demand service experience.

Xinshang

Series A in 2015
Xinshang is a Chinese e-commerce platform that operates a customer-to-customer marketplace specializing in secondhand luxury goods, such as bags, shoes, watches, clothing, and jewelry. The platform allows users to sell their used luxury items or purchase both secondhand and new luxury products at competitive prices. Xinshang has experienced significant growth, with its monthly transaction value increasing by 30% consistently. The company claims to hold over 50% of the secondhand luxury goods market in China, positioning itself as a leading player in this sector.

NIO

Series A in 2015
NIO is a pioneering Chinese company specializing in premium smart electric vehicles. Established in 2014, NIO designs, manufactures, and sells high-performance EVs, focusing on the premium segment. The company offers a range of models including SUVs and sedans, and is known for its innovative charging solutions such as battery swapping services. NIO also invests in next-generation technologies like autonomous driving and artificial intelligence to enhance user experience.

MyDreamPlus

Series A in 2015
MyDreamPlus is a co-working space startup that focuses on providing a technologically advanced working environment. Established in May 2015, the company integrates space design, smart office management, and community operations to create high-quality workspaces. MyDreamPlus designs innovative furniture and develops management systems that allow customers to address office-related tasks through their smartphones, such as accessing doors, booking meeting rooms, and sharing Wi-Fi passwords. With a presence in over 20 locations primarily in major cities like Beijing and Chengdu, the company has attracted more than 300 enterprises, with a significant majority being established firms. This diverse clientele includes notable companies such as COFCO, Chinese TAL Education Group, Airbnb, and VIPKID, reflecting MyDreamPlus's commitment to catering to various business needs, from startups to larger corporate teams.
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