Alibaba Group

Alibaba Group is a leading global e-commerce and technology company based in Hangzhou, China, founded in 1999. It operates a diverse range of online and mobile commerce platforms, including Taobao, Tmall, and AliExpress, catering to both consumers and businesses. The company is structured into four main segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives. In addition to its marketplaces, Alibaba provides logistics services through Cainiao, digital payment solutions via Alipay, and various cloud services encompassing data management and analytics. The company also engages in digital content through platforms like Youku and Alibaba Pictures, while offering tools for business efficiency, such as DingTalk and Amap. Alibaba's extensive ecosystem connects consumers, merchants, and service providers, facilitating seamless transactions and enhancing operational efficiencies across its platforms.

Jianhang Jin

Co-Founder and President

Tony Park

Senior Director, Head of International Business

Amy Young

US Investment Associate

290 past transactions

Cabana

Series A in 2022
Operator of a middle-to-high-end modern furniture store with multi-brand collections in China. The company is China's first channel brand dedicated to providing Chinese consumers with easy access of European-style furnitures, designer luminaire, and other lifestyle products, aiming to connect the general public with high-quality home products from emerging designers.

Bitmark

Series B in 2022
Bitmark Inc. develops property system for digital environment. It offers specialized blockchain technology to convert personal data into property that can be sold, licensed, and transferred peer-to-peer. The company’s property system for the digital environment enables individuals to establish ownership claims for personal data akin to how land registrars track land titles or patent offices track patents. The company was founded in 2014 and is based in Taipei, Taiwan with additional offices in Cupertino, California; Reykjavík, Iceland; and Đà Nẵng, Vietnam.

Xreal

Series C in 2022
Nreal Ltd., founded in 2017 and based in Beijing, China, specializes in the development of augmented reality (AR) and mixed reality (MR) technologies, primarily focusing on wearable devices. The company's flagship product, Nreal Light, is recognized as the first lightweight and comfortable mixed reality glasses, featuring a vivid display and advanced spatial computing algorithms that deliver an immersive user experience. Nreal aims to democratize mixed reality, making it accessible to a broader audience while encouraging developers to create innovative applications that enhance entertainment, productivity, and other sectors. The company's technology incorporates SLAM-based environment-understanding AI algorithms, further enriching the user experience through interactive and engaging applications.

Jida Transportation

Venture Round in 2022
Jida Traffic is a technology company in the field of traffic simulation. Its main product is the domestic TESS NG micro traffic simulation software. The company is committed to leading the technological development and engineering value application of the micro-traffic simulation industry.

KNOWIN Trend Lab

Venture Round in 2021
Knowin is a vertical community e-commerce platform for sports categories dedicated to creating a trendy fashion space for young people.

Cars24

Series G in 2021
CARS24 Services Pvt. Ltd. is an online automotive marketplace based in Gurugram, India, that specializes in buying and selling used cars. Founded in 2015, the company aims to transform the used car market by offering a tech-enabled platform that ensures a secure and efficient selling process for car owners. Utilizing an AI-driven pricing algorithm, CARS24 provides accurate market valuations and facilitates vehicle inspections through scheduled appointments. Additionally, the company operates a financial services division that offers vehicle lending products to customers. CARS24 is supported by notable investors, including Exor Seeds and Moore Strategic Ventures, and operates as a subsidiary of Global Car Group.

Vastai Technologies

Series B in 2021
Vastai Technologies specializes in the development of semiconductor chips tailored for computer vision, video processing, and various artificial intelligence applications. The company's innovative products are engineered to enhance the computing capabilities of AI visual applications, allowing manufacturers of computer devices to integrate advanced chip technology into their offerings. By focusing on optimizing performance in these specific areas, Vastai Technologies aims to support the growing demand for efficient and powerful AI solutions in the market.

T11 Food Market

Series B in 2021
T11 Food Market offers grocery stores.

Sandbox VR

Series B in 2021
Sandbox VR, Inc. is a company that specializes in providing immersive virtual reality gaming experiences. Founded in 2016, it is headquartered in San Mateo, California. The company utilizes advanced technology, combining real-time motion capture with virtual reality to deliver a fully engaging social multiplayer environment. This innovative approach allows customers to collaborate and immerse themselves in interactive storylines, offering a unique and entertaining virtual reality experience. Sandbox VR aims to create an experience akin to the fictional Star Trek holodeck, making it a leader in the rapidly evolving VR entertainment industry.

Hello TransTech

Venture Round in 2021
Hellobike develops and provides a bike sharing mobile application. Its application promotes the development of the shared bicycle segment market through the cooperation with the traditional car rental businesses and scenic spot supervision agencies of the tourist attractions. Han Mei founded Hellobike in 2016 as Shanghai Junzheng Network Technology. Its headquarters is in Shanghai in China.

Xiaohongshu

Series E in 2021
Xiaohongshu is a young lifestyle sharing platform to share positive energy and good life through the sharing of text, pictures and video. Xiaohongshu offers an overseas shopping tip app. Xiaohongshu started its business by helping overseas travelers to draft a shopping list before they hit the roads. But with the aggregation of more UGC contents, the service is transforming into a community for those who are passionate about fashion and shopping and want to know more about these fields even though they do not have overseas traveling plans on their schedules.

DGene

Series A in 2021
DGene is a provider of virtual and augmented reality solutions, focusing on a diverse range of applications across various industries. Its technology is utilized in digital entertainment, real estate, education, healthcare, and tourism. DGene leverages artificial intelligence and emerging technologies to enhance content creation, offering innovative solutions such as AI actors, virtual production, visual effects, and digital influencers. The company also specializes in real-time holograms and 3D reconstruction, catering to the evolving needs of e-commerce, cinema, and broadcasting sectors. Through its advancements, DGene aims to transform how users interact with and experience digital environments.

Creative Biosciences

Series D in 2021
Kang Liming Bio is a biomedical technology company that specializes in the development, production and sales of tumor screening diagnostic products such as colorectal cancer fecal non-invasive screening kits.

Glenfly

Seed Round in 2021
Provider of the graphics processing unit (GPU) and active-matrix organic light-emitting diode (AMOLED) display solutions designed for display products. The company specializes in software and hardware-integrated GPU, and AMOLED display solutions in the fields of smartphones, tablets, smartwatches, laptops, and desktop monitors, providing users with high-performance independent display chips and GPU design services.

Ninja Van

Series E in 2021
Ninja Logistics Pte Ltd, founded in 2014 and based in Singapore, specializes in technology-enabled logistics solutions, focusing on courier and shipping services for social media sellers, small businesses, and enterprises. The company addresses the last mile delivery challenge in Southeast Asia by leveraging a cutting-edge technology stack and strategic partnerships. Its platform allows businesses of all sizes to create delivery orders effortlessly, with features like real-time tracking and active communication through email and SMS. Ninja Van aims to optimize logistics through innovative routing software and scalable capacity solutions, providing a reliable and efficient delivery experience across the region.

Matridx

Funding Round in 2021
Matridx engages in the development, production, and sales of molecular diagnostic products. The company offers PDC-Seq (Potential Diagnostic Clue) that allows a throughput sequencing of nucleic acids in samples from infected patients. It also focuses on genetic testing using molecular technology as a platform. The company is based in Hangzhou, China.

Carzone

Series D in 2021
Jiangsu Kangzhong Shiye Investment operates a retail chain, Carzone, that deals in and retails automotive post-market parts. The company was founded in 1995 and is based in Nanjing, China.

Deeproute

Series B in 2021
DeepRoute.ai LLC is a technology provider specializing in Level 4 autonomous driving systems, headquartered in Shenzhen, China, with additional research centers in Beijing. The company focuses on developing a comprehensive software platform that includes route planning, behavior planning, and trajectory planning for self-driving vehicles. DeepRoute aims to transform mobility by creating full-stack autonomous vehicles equipped with advanced sensors, controllers, and actuators, integrated with modern communication technologies. The founding team comprises experienced professionals with backgrounds in major tech companies, including Google, Microsoft, and Ford, contributing to the company's innovation in self-driving technology.

Banma Zhixing

Corporate Round in 2021
Banma Zhixing is a global platform focused on vehicle solutions, primarily for the automotive and transportation sectors. The company specializes in developing smart car operating systems and comprehensive digital transportation solutions. By offering its AliOS in-car operating system to developers and car manufacturers, Banma Zhixing aims to enhance the functionality and connectivity of vehicles. Through its innovative approaches, the company seeks to fulfill the potential of connected cars and improve the overall travel experience for consumers.

GoGoX

Venture Round in 2021
Established in 2013, GoGoX is the first app-based platform for delivering goods in Asia, which is dedicated to offering excellent delivery service through innovative technology. Since then, GoGoX has extended its service to various platforms. The company connects individuals and businesses directly to thousands of drivers for their real-time delivery needs and redefines the everyday delivery experience by providing a convenient and efficient service. Over the years, GoGoX has expanded its business from Hong Kong to Singapore, South Korea, Mainland China, Taiwan, and India and will continue to expand globally. In August 2017, GoGoX merged with 58 Suyun, the leader in Mainland China’s intra-city logistics market, and increased GOGOVAN’s presence to over 300 cities, with more than 8 million registered drivers under its network. GoGoVan has announced its rebranding as GoGoX in July 2020.

Sichuan Yunling Zhicheng Information Technology

Corporate Round in 2021
Sichuan Yunling Zhicheng Information Technology is an artificial intelligence public data platform.

The CrownX

Private Equity Round in 2021
The Crown X is an integrated consumer-retail platform.

Trendyol

Corporate Round in 2021
Trendyol is a leading e-commerce platform based in Istanbul, Turkey, specializing in retailing fashion products across the country and the MENA region. Founded in 2010, the company offers a wide range of products, including clothing for women, men, and children, as well as shoes, bags, accessories, cosmetics, and home decor. Trendyol stands out as the largest mobile commerce company in Turkey, selling over 70 million items annually. With a workforce of approximately 2,000 employees, it has become the largest internet employer in the country. In 2018, Trendyol formed a strategic partnership with Alibaba Group, marking a significant investment in Turkey's internet sector. The company aims to enhance customer experience through technology, allowing consumers to purchase products conveniently and efficiently.

Leyan Technologies

Series C in 2021
Leyan Technologies is an artificial intelligence company founded in April 2016 and based in Shanghai, China. The company specializes in cognitive intelligence and has developed an AI technology platform along with intelligent customer service robots. Its platform supports various applications, including e-commerce customer service, financial consulting, and medical consultation. Leyan Technologies aims to enhance human-computer interaction and improve customer experiences across multiple sectors.

Zuoyebang

Series E in 2020
Zuoyebang currently cooperates with 113 educational organizations and 370,000 primary schools and high schools in China. Zuoyebang, which started as a phase of Q&A website Baidu Zhidao, is a platform where scholars can seek answers to study-related problems, and also supply method to peers who are trying to find assistance.

Nice Tuan

Series C in 2020
Nice Tuan is an e-commerce platform that specializes in providing daily groceries and a variety of household products. The company collaborates with local residential communities to source items from nearby warehouses and producers, ensuring a wide selection of fresh produce and essential goods for residents. By focusing on creating a convenient and efficient community e-commerce ecosystem, Nice Tuan aims to enhance the shopping experience for local consumers while supporting local suppliers.

Guance Cloud

Series C in 2020
Guance Cloud offers a full-stack observability platform for cloud-based workflows. We bring together end-to-end traces, metrics, and logs to make your applications, infrastructure, and third-party services entirely observable. These capabilities help businesses secure their systems, avoid downtime, and ensure customers are getting the best user experience.

Farfetch

Corporate Round in 2020
Farfetch operates an online luxury fashion retail platform that connects various independent boutiques worldwide. Founded in 2008 by Jose Neves and headquartered in London, the company offers a wide range of products, including bags, coats, dresses, jackets, jewelry, swimwear, trousers, shoes, knitwear, suits, shorts, and accessories for women, men, and children. Farfetch's modular technology platform is designed to meet the complex needs of consumers and luxury sellers, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. Additionally, Farfetch has a dedicated division, Farfetch China, which focuses on enhancing connections within the luxury fashion industry in that market.

Farfetch

Convertible Note in 2020
Farfetch operates an online luxury fashion retail platform that connects various independent boutiques worldwide. Founded in 2008 by Jose Neves and headquartered in London, the company offers a wide range of products, including bags, coats, dresses, jackets, jewelry, swimwear, trousers, shoes, knitwear, suits, shorts, and accessories for women, men, and children. Farfetch's modular technology platform is designed to meet the complex needs of consumers and luxury sellers, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. Additionally, Farfetch has a dedicated division, Farfetch China, which focuses on enhancing connections within the luxury fashion industry in that market.

Avolta

Post in 2020
Dufry AG is a global travel retailer headquartered in Basel, Switzerland, operating approximately 2,400 duty-free and duty-paid shops in 65 countries. The company offers a variety of store concepts, including general travel retail shops and specialized boutiques under brands such as Dufry, World Duty Free, and Hudson. Its product range encompasses perfumes, cosmetics, food, wines, spirits, jewelry, fashion, tobacco, souvenirs, electronics, and travel accessories, catering to the diverse needs of travelers. Dufry strategically positions its stores at airports, cruise liners, seaports, railway stations, and downtown tourist areas, capitalizing on locations with captive audiences. Founded in 1865, Dufry combines extensive industry experience with a focus on enhancing the travel retail experience for consumers.

Sun Art Retail Group

Acquisition in 2020
Sun Art Retail Group is a prominent retail company based in Hong Kong, specializing in hypermarkets and e-commerce in China. It operates under two well-known brands, Auchan and RT-Mart. As of December 2019, the company managed 486 outlets across 232 cities, encompassing a gross floor area of approximately 13 million square meters in 29 provinces, autonomous regions, and municipalities. Founded in 1998, Sun Art focuses on enhancing its hypermarket complexes, exploring various retail formats, and advancing its digital transformation efforts. Additionally, it provides consulting, investment, wholesaling, and retailing services, positioning itself as a key player in the evolving retail landscape of China.

STO Express

Post in 2020
STO Express is a committed to the construction and development of national brands, and constantly perfects the three-dimensional operation system of terminal network, transit transportation network and information network. It is based on the traditional express delivery business and fully enters the field of e-commerce. The service and strict quality management drive the development of China's express delivery industry.

YTO Express

Post in 2020
Shanghai YTO Express (Logistics) Co., Ltd. is a large famous private express enterprise in China, which is committed to becoming an advancer of China's Express service. It takes making YTO an icon of China's express our responsibility, realizing its goal "YTO Express --- Choice of the Chinese". It is now serving as a Vice-president Unit of both China Express Association and Shanghai Express Trade Association.

XiaoMan Technology

Series D in 2020
Xiaoman Technology is a foreign trade solutions provider that employs the power of big data and artificial intelligence. Its customer-relationship management technology helps enterprises to expand their international business. Xiaoman's products, solutions, and services are highly flexible and compatible, meeting the standardization needs of small and micro enterprises, as well as the customization needs of large and medium-sized enterprises. It has ensured satisfactory service and products to customers through a comprehensive customer-focused R&D, customer service, sales, marketing, and channel organization system. Xiaoman Technology was established in 2013 and is based in Shenzhen, China.

XiaoMan Technology

Acquisition in 2020
Xiaoman Technology is a foreign trade solutions provider that employs the power of big data and artificial intelligence. Its customer-relationship management technology helps enterprises to expand their international business. Xiaoman's products, solutions, and services are highly flexible and compatible, meeting the standardization needs of small and micro enterprises, as well as the customization needs of large and medium-sized enterprises. It has ensured satisfactory service and products to customers through a comprehensive customer-focused R&D, customer service, sales, marketing, and channel organization system. Xiaoman Technology was established in 2013 and is based in Shenzhen, China.

Helijia

Venture Round in 2020
Beijing Helijia Information Technology Co., Ltd. is a Chinese company that specializes in providing a wide range of beauty services, including hairdressing, eyelashes, hand and foot care, make-up styling, and body shaping. Founded in 2014 and based in Beijing, Helijia offers an innovative mobile application that allows customers to conveniently book services. The app facilitates appointments for various treatments, including on-demand manicure services, enabling users to select manicurists or manicure combinations based on their location. By eliminating traditional salon overheads, Helijia can offer lower prices while its manicurists manage their own transportation costs. The company employs a merit-based rating system where manicurists are incentivized to deliver high-quality service, thereby enhancing their customer ratings and appointment opportunities. Additionally, Helijia offers a selection of skincare products, particularly those containing hyaluronic acid, aimed at moisturizing and anti-aging benefits.

Alog

Acquisition in 2020
Alog Technology Logistics Co., Ltd., based in Hangzhou, China, is a prominent third-party logistics service provider specializing in e-commerce. Founded in 2004, the company offers outsourced warehouse management and comprehensive supply chain solutions tailored for major e-commerce businesses. With a robust network of 88 regional distribution centers, Alog's services span over 350 cities, supported by a global supply chain network that encompasses more than 2 million square meters of storage area. The firm boasts a peak order processing capacity of 40 million items daily, positioning itself as a leader in intelligent warehouse distribution within the big data landscape. Through its innovative logistics solutions, Alog effectively caters to the demands of the vast consumer market.

Xpeng Motors

Series C in 2020
XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People’s Republic of China and the United States. It offers SUVs under the G3 name; and four-door sports sedan under the P7 name. The company also provides vehicle leasing, bank loans, and auto insurance services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People’s Republic of China.

E-House

Post in 2020
E-House (China) Enterprise Holdings Limited, an investment holding company, provides real estate transaction services in China. It primarily offers real estate agency, real estate data and consulting, and real estate brokerage network services to real estate developers, brokerage firms, banks, investors, and government and non-profit organizations. The company also provides technology and information development and consulting services, and real estate marketing services. E-House (China) Enterprise Holdings Limited was founded in 2000 and is headquartered in Shanghai, China.

E-House

Post in 2020
E-House (China) Enterprise Holdings Limited, an investment holding company, provides real estate transaction services in China. It primarily offers real estate agency, real estate data and consulting, and real estate brokerage network services to real estate developers, brokerage firms, banks, investors, and government and non-profit organizations. The company also provides technology and information development and consulting services, and real estate marketing services. E-House (China) Enterprise Holdings Limited was founded in 2000 and is headquartered in Shanghai, China.

SQream

Series B in 2020
SQream Technologies USA, Inc. specializes in big data analytics, offering a GPU-based SQL database known as SQream DB. This database enables organizations to efficiently analyze large datasets, utilizing aggressive compression techniques to optimize storage and enhance query execution speed. The company also provides the xDR Repository, designed for telecoms to store and analyze multi-source data, and GenomeStack, a bioinformatics platform that facilitates real-time analytics. SQream's technology leverages parallel computing through GPU utilization, which significantly boosts analytics performance. The firm serves a diverse range of sectors, including genome research, finance, cybersecurity, telecom, and the Internet of Things. Established in 2010, SQream operates from New York with an additional office in London and a research and development center in Tel Aviv. The company has formed strategic partnerships to enhance its offerings and accessibility in the market.

Best

Post in 2020
Best Logistics (百世物流) is a Chinese comprehensive logistics supply chain service provider. The company provides comprehensive supply chain design and logistics services for domestic and foreign enterprises through its complete and systematic partner authentication management system, professional supply chain design solution, advanced information technologies, and comprehensive self-developed operation platform GeniMax system. Founded in 2007, Best Logistics combines internet, information technology, and traditional logisctics services to create a new subversive commercial model to integrate the large logistics industry in China. The company has established multilevel operation centers nationwide, with a distribution network that covers the whole country.

BigBasket

Debt Financing in 2020
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

BigBasket

Venture Round in 2020
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

Quibi

Private Equity Round in 2020
Quibi Holdings, LLC is a media company that specializes in content and movie streaming services tailored for smartphones. Founded in 2018 and headquartered in Los Angeles, California, Quibi focuses on delivering media content designed for a mobile-first audience. The platform offers shows that can be viewed in both horizontal and vertical formats, allowing users to switch between orientations seamlessly. Quibi aims to create an engaging and inclusive environment for viewers, emphasizing the importance of inspiring storytelling and accessibility. As of January 2021, Quibi operates as a subsidiary of Roku, Inc.

Keruyun

Acquisition in 2020
keruyun Inc. develops and provides software as a service (SaaS) solutions and mobile applications for reservations, queuing, take-outs, ordering, cashier, membership cards, coupons, and supply chains services in food and beverage industry. The company was formerly known as Beijing Shishike Technology Co., Ltd. The company was founded in 2012 and is headquartered in Beijing, China. As of February 24, 2020, keruyun Inc. operates as a subsidiary of Alibaba Local Services Company.

Nice Tuan

Series B in 2020
Nice Tuan is an e-commerce platform that specializes in providing daily groceries and a variety of household products. The company collaborates with local residential communities to source items from nearby warehouses and producers, ensuring a wide selection of fresh produce and essential goods for residents. By focusing on creating a convenient and efficient community e-commerce ecosystem, Nice Tuan aims to enhance the shopping experience for local consumers while supporting local suppliers.

Xpressbees

Series D in 2020
Xpressbees is an e-commerce logistics company founded in 2015 and headquartered in Pune, India. It specializes in providing a range of logistics solutions designed to meet the needs of its partners. The company offers last-mile delivery, reverse logistics, payment collection, drop shipping, vendor management, and cross-border services. In addition, Xpressbees provides fulfillment services and tailored software solutions to enhance operational efficiency. Its platform enables same-day and next-day delivery, along with an online shipment tracking system, which helps clients ensure timely deliveries and improve customer satisfaction.

COIND

Seed Round in 2020
COIND is a company that manages crypto assets. The company invests in both liquid and illiquid tokens that are emerging repositories of value and based on revolutionary technologies. COIND was founded by successful investors, engineers, and technology entrepreneurs. Prior to COIND, they founded six companies (five of which were purchased), invested in over 100 technology startups with a combined market worth in the tens of billions, and worked as executives at Facebook, Google, and Twitter. COIND's founders have been personally investing in cryptocurrencies since 2013, and were among the first to believe in Bitcoin, Ethereum, and Monero.

Tianxianpei

Series A in 2019
TianXianPei is a community fresh food retailer, based on data-driven product selection capability, with fresh food as its core and aquatic products as its feature to establish differentiated commodity advantages. It create a new retail model for consumers to order milk through online platform and offline intelligent freezer to bring new O2O to consumers. Fresh milk delivery experience! Tianxian match, the heavy-duty traditional milk tank is the intelligent freezer downstairs for consumers, and through the whole process of cold chain transportation mode, to maximize the fresh taste and fresh nutrition of milk, iteratively upgrade milk consumption!

PandaCredit

Series A in 2019
PandaCredit is a provider of credit data services aimed at individuals who lack access to traditional banking. By leveraging unconventional and unstructured data alongside big data and machine learning technologies, the company generates credit scores for under-banked populations in Southeast and South Asia. This innovative approach allows consumers to be better served by traditional financial institutions, helping to bridge the gap for those who have previously been excluded from the financial system.

Cainiao

Corporate Round in 2019
Cainiao Logistics, founded by Shen Guojun in 2013 and headquartered in Shenzhen, China, provides comprehensive logistics services primarily for Alibaba Group. The company operates a network of warehouses and express delivery stations, facilitating efficient parcel tracking and delivery. It features a logistics information platform that offers real-time access to shipment data for both buyers and sellers, thereby enhancing service quality and capabilities. Cainiao Logistics aims to streamline logistics for the online and mobile commerce sectors, enabling same-day delivery to any city in China while reducing overall logistics costs and addressing common bottlenecks in the industry.

3vjia.com

Series C in 2019
3vjia.com is committed to the centralized and transparent informationization of the home improvement industry and realizes the “technology-driven industry transformation”. At present, the 3D home has created a material model and home improvement material library covering the market, launched a smart design software service, and led the transformation of the Internet home improvement industry with true online 3D panorama technology.

Perfect

Series B in 2019
Perfect Corp. develops an online platform for beauty lovers using augmented reality (AR) and artificial intelligence (AI) technologies. The company offers YouCam for Web makeup try on plugins for e-commerce businesses. It also provides YouCam for Enterprise, a suite of beauty solutions, including virtual makeup, live hair color, AR skin diagnostic, AI smart shade finder, AI facial recognition, AI product recommendation, beauty advisor, live AR for corporate training, live streaming for brands, in-store barcode try on, and virtual accessories for store, e-commerce, social channels, and mobile applications. The company was founded in 2014 and is based in New Taipei, Taiwan with additional office in San Jose, California.

NetEase Cloud Music

Series B in 2019
NetEase Cloud Music, established in 2013 and based in Hangzhou, China, specializes in online music streaming services through its mobile application. The platform enables users to access a wide variety of music and offers additional features, such as music discovery and social networking capabilities. As a subsidiary of NetEase, Inc., NetEase Cloud Music has grown to become a significant player in the Chinese music streaming market, catering to the evolving preferences of its audience while developing applications for smartphones to enhance user experience.

Kaola

Acquisition in 2019
Kaola is a cross-border e-commerce platform that provides consumers with access to over 9,000 brands from 80 countries, offering a diverse range of products including apparel, maternity and infant care, household appliances, and personal care items. The company focuses on ensuring the quality of its goods through direct supply chains and has implemented a robust system for competitive pricing, including heavy bulk purchases. Kaola operates under a self-stocked model that includes government supervision and guarantees a 30-day worry-free after-sales service. Additionally, it collaborates with customs and bonded areas to facilitate efficient electronic customs clearance, ensuring timely delivery of orders within 3 to 15 business days. The platform supports various payment methods, including Netease, Alipay, online banking, and credit cards, simplifying the purchasing process for customers.

Bitmark

Series A in 2019
Bitmark Inc. develops property system for digital environment. It offers specialized blockchain technology to convert personal data into property that can be sold, licensed, and transferred peer-to-peer. The company’s property system for the digital environment enables individuals to establish ownership claims for personal data akin to how land registrars track land titles or patent offices track patents. The company was founded in 2014 and is based in Taipei, Taiwan with additional offices in Cupertino, California; Reykjavík, Iceland; and Đà Nẵng, Vietnam.

KnowBox

Series D in 2019
Established in 2014, Knowbox targets the K12 education field with two mobile apps currently helping students get the most from doing homework by providing personalized exercises. Teachers can use the mobile apps to better manage student homework by avoiding repetitive labor and securing more time to help each student's unique challenges. The company claims the two mobile apps currently have nearly one million daily active users, and plans to use the proceeds on building its own homework database.

China Transinfo

Post in 2019
China Transinfo Technology Co Ltd is a prominent Chinese company specializing in intelligent transportation solutions and traffic data services. Established in 2000, the company has developed a comprehensive business network with nearly 20 subsidiaries and over 1,000 employees across the country. Transinfo provides a range of products and solutions aimed at enhancing smart transportation systems for urban environments, highways, rail transport, civil aviation, and water transportation. The company focuses on three main business modules: smart transportation products for cities, solutions for highways, and dynamic transportation information services for the public, thereby contributing significantly to the modernization and efficiency of transportation infrastructure in China.

VMate

Corporate Round in 2019
VMate is the leading short video platform in India.With Video your life and express yourself.
Alibaba Health Information Technology Limited is a prominent e-commerce platform in China specializing in healthcare-related products, including prescription drugs, over-the-counter medications, traditional Chinese medicine, and health foods. The company operates both a third-party business-to-consumer (B2C) service and its own direct-to-consumer business, facilitating access through Alibaba's Tmall app and Alipay. Alibaba Health also provides a range of services, such as online health consultations through its app "Dr. Deer," and product tracking and logistics information for manufacturers. Its business model encompasses advertising, centralized procurement distribution, and telemedicine services, catering to both B2B and B2C customers. With a strong focus on e-commerce, which accounted for a significant portion of its revenue in recent fiscal years, Alibaba Health continues to enhance its digital healthcare ecosystem, connecting consumers with pharmacies and healthcare providers. The company is based in Causeway Bay, Hong Kong, and it was previously known as CITIC 21CN Company Limited until its rebranding in September 2014.

Red Star Macalline

Post in 2019
Red Star Macalline is a furniture retailer in China.

MEGVII

Series D in 2019
Incorporated in 2011, Megvii is committed to make greatest value for customers and the whole society with extraordinary technology. Megvii is an Artificial Intelligence company specialized in providing enterprises and developers with intelligent solutions and data services, and is dedicated to the mission of “Create machines that can see and think”. Based on its original deep learning system Brain++, Megvii seeks to build AI Engine, a core fundamental technology powering various AI application. It is leveraging on recognition, control, optimization and other algorithms to connect individuals, objects and scenarios, building a product platform of IoT OS. It is connecting standardized hardware like sensors, robots and personal devices with AI+IoT (AIoT), thus commercializing three application-oriented IoT brains on a large scale, namely, city brain, supply chain brain, and personal life brain. Megvii is building an operation system for the era of AIoT. Megvii is an AIoT solutions expert.

BigBasket

Series F in 2019
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

BIZVANE

Series B in 2019
BIZVANE Co. Ltd. is a data technology company based in Shanghai, China, established in 2015. The company specializes in developing software-as-a-service solutions aimed at enhancing operational efficiency and business performance for chain retail enterprises. Among its key offerings are Ishop, a sales assist tool, and Usee, a mobile retail data analysis tool, both designed to support retailers in optimizing their operations and making informed decisions based on data insights.

T3 Go

Series A in 2019
T3 Mobile Travel Services offers car-sharing services powered by renewable energy. T3 is purely market-driven, with a mission to build what it calls a “smart mobility ecosystem” by combining the data capability of its technology partners with the manufacturing know-how of its automakers.

Qutoutiao

Post in 2019
Qutoutiao Inc. operates a mobile platform focused on the distribution and consumption of light entertainment content in China. Founded in 2016 and headquartered in Shanghai, the company is known for its flagship application, Qutoutiao, which aggregates articles and short videos, delivering customized feeds to users through an AI-driven recommendation engine. This platform enhances user engagement by optimizing content based on individual profiles and social interactions. Additionally, Qutoutiao offers Midu Novels and Midu Lite, mobile literature applications that provide users with free access to literature supported by advertising revenue. The company employs a gamified loyalty system that encourages user participation by allowing registered users to earn points for engaging with content and referring new users, ultimately aiming to increase user retention and satisfaction. As the second-largest mobile content aggregator in China, Qutoutiao plays a significant role in the evolving landscape of digital content consumption.

Teambition

Acquisition in 2019
Teambition is a leading collaboration platform in China, which takes the experience of team collaboration to a higher level by making sharing and communications upon tasks, files, posts and meetings easier and more efficient. Teambition comes with a web application, desktop applications and mobile apps to facilitate your collaboration with your team anywhere and anytime. Its iPhone app has been named as one of the best apps of 2015 by Apple Store. Teambition now has over 3,000,000 users, including leading companies from various industries. Teambition has raised several rounds of funds from Gobi, IDG, Pangu and North Light venture capital. It has also got strategic funds from Tencent on 2016.In 2014, Teambition was selected as the top 50 investment value enterprises in China.

Baiwang Cloud

Series A in 2019
Baiwang Co., Ltd. is a Chinese company that specializes in providing intelligent solutions and cloud-based services related to invoicing. Its offerings include tax control equipment, an invoice management system, and an electronic invoice service platform. Additionally, Baiwang focuses on coordinating invoice supply chains and delivering financial services related to invoicing. Through these services, the company aims to streamline invoice processes and enhance efficiency for its clients.

Infinity Augmented Reality

Acquisition in 2019
Infinity Augmented Reality Ltd. is a software company that specializes in developing an augmented reality platform, enabling users to experience interactive three-dimensional (3D) content integrated into their physical surroundings. Founded in 2006 and headquartered in Ramat Gan, Israel, with an additional office in Shanghai, China, the company offers a unique technology that maps the 3D environment around users, allowing them to project and interact with augmented reality scenes as if they were part of the real world. The platform features three software development kits designed for augmented reality developers and wearable device manufacturers, facilitating the creation of applications that respond to natural hand gestures. Previously known as Absolute Life Solutions, Inc., the company rebranded in March 2013 to reflect its focus on augmented reality solutions.

Bit Starlight

Series A in 2019
Bit Starlight is a fashion short video sharing application developer. The company specializes in the short video field. It has a short fashion video sharing community “sugar suit”. Users can watch short fashion videos in the community to understand beauty, life, clothing, matching, etc. In terms of content, at the same time, you can also share short videos, dry goods, and single items.
The brand of baby sitter is a comprehensive brand of lighting installation, cleaning and maintenance. It provides services such as installation, cleaning, maintenance and repair of various hotels, apartments and home lamps. At present, oTHEIR ur service network has spread all over 304 cities in China. The area covers the cities and regions of the domestic third-tier and above.

STO Express

Post in 2019
STO Express is a committed to the construction and development of national brands, and constantly perfects the three-dimensional operation system of terminal network, transit transportation network and information network. It is based on the traditional express delivery business and fully enters the field of e-commerce. The service and strict quality management drive the development of China's express delivery industry.

Bilibili

Post in 2019
Bilibili Inc. is an online entertainment platform based in Shanghai, China, catering primarily to the younger generation. Founded in 2009, the company has evolved from a niche content community focused on anime, comics, and games (ACG) into a comprehensive entertainment hub that offers a diverse range of media formats, including videos, live broadcasts, and mobile games. Bilibili emphasizes high-quality content and aims to create immersive experiences that foster strong emotional connections among its users. The platform features a unique interactive playback system that allows for real-time subtitle overlays, enhancing user engagement. Additionally, Bilibili has established a strategic collaboration with Tencent for the sharing and operation of anime and games, further expanding its content offerings and reach within the Chinese market.

KONUX

Series B in 2019
KONUX GmbH, founded in 2014 and based in Munich, Germany, develops Industrial Internet of Things (IIoT) solutions that integrate smart sensor systems with artificial intelligence analytics. The company specializes in enhancing railway operations, offering a range of services including switch monitoring, asset monitoring, rolling stock monitoring, anomaly detection, and predictive maintenance. KONUX's solutions enable real-time monitoring of infrastructure conditions and improve operational efficiency, capacity, and reliability in railway and industrial applications. The company has attracted significant investment, raising over $50 million and expanding its presence across Europe and Asia. Recognized by the World Economic Forum as one of the world's most innovative start-ups, KONUX is committed to transforming railway mobility for a sustainable future.

Vidooly

Series B in 2019
Vidooly Media Tech Pvt. Ltd. is a provider of YouTube marketing and analytics services, aimed at content creators, brands, and multi-channel networks. Founded in 2013 and based in Noida, India, the company offers a comprehensive dashboard that helps users grow their channels, connect with influencers, and maximize organic views on YouTube. Vidooly's platform enables users to analyze video engagement, track subscriber activity, and categorize their audience for targeted outreach across social media. Additionally, the company provides tools for competitor tracking and content suggestions, empowering users to refine their video strategies. With a big data engine that analyzes engagement from over 500 million viewers and tracks 250 million videos across various platforms, Vidooly serves a diverse clientele, including notable names in the media industry. The company's innovative solutions have attracted over 30,000 video content creators globally, enhancing their ability to optimize video distribution and engagement.

Ververica

Acquisition in 2019
Ververica, formerly known as Data Artisans, is a Berlin-based company founded in 2014 by the creators of Apache Flink. The company focuses on providing advanced data processing solutions, specifically through the Ververica Platform, which incorporates open source Apache Flink alongside an Application Manager. This platform is designed to meet the needs of enterprises by enabling high-throughput and low-latency processing for event-driven applications. Ververica's commitment to open source technology is reflected in its development of Apache Flink, which has garnered significant community support and industry adoption. The company operates as a subsidiary of Alibaba Group and aims to deliver robust data processing capabilities rooted in established principles of database and distributed systems.

1KM

Series B in 2019
1KM is a Shanghai-based self-service car wash solution provider.

1KMXC

Corporate Round in 2018
1KMXC is a high-tech research and development company for artificial intelligence robot solutions. The company provides robotic car wash service that covers many provinces and cities across China. It has obtained Alibaba investment with a financing amount of over 100 million.

Optibus

Series B in 2018
Optibus leverages the power of machine-learning and optimization algorithms to redefine the way mass-transportation is planned and operated. Optibus’ disruptive technology drive some of the most complex transportation operations worldwide, helping to improve the quality of service, increase efficiencies, save money, and streamline operations.

ZStack

Series B in 2018
ZStack Cloud Platform has served more than 1,000 enterprise users and established ecological and channel partnerships with more than 200 cloud vendors, covering government, finance, education, internet, energy, manufacturing and many other industries.

Tokopedia

Series G in 2018
PT. Tokopedia owns and operates an online platform that allows individuals and small-to-mid-sized business owners in Indonesia to open and manage their online stores. The company was founded in 2009 and is based in Jakarta Selatan, Indonesia.

ShenGong007

Series C in 2018
Shengong007 is a home decoration service platform that specializes in providing home improvement products and services to consumers. The company offers a range of solutions, including home repair, renovation, and furnishing services, delivered by trained professionals. This approach enables consumers to conveniently enhance and transform their living spaces, making home improvements more accessible and efficient.

Shengong Zhongzhi Science & Technology Company

Series C in 2018
Shengong Zhongzhi Science & Technology Company is home furnishing service provider

Alibaba Bendi Shenghuo Fuwu Gongsi

Funding Round in 2018
Alibaba Bendi Shenghuo Fuwu Gonsi focuses on on-demand online services. It was established by Alibaba Group as the holding company for [Ele.me](https://www.crunchbase.com/organization/ele-me#section-overview) (food delivery service) and [Koubei](https://www.crunchbase.com/organization/koubei) (online restaurant guide business), which merged in August 2018.

JMGO

Series D in 2018
JMGO specializes in R&D and production of smart projectors and laser TV. Located in Shenzhen City, the Silicon Valley of China, JMGO is expanding the overseas market and strive to provide cutting-edge and revolutionary technology projectors to the customers.

1919

Post in 2018
1919 Wines & Spirits Platform Technology Co., Ltd. engages in the online-to-offline retail of alcohol. It also offers wine and beverage e-commerce platform in China and offers booking and ordering services. The company was founded in 2010 and is based in Chengdu, China.

WayRay

Series C in 2018
WayRay SA specializes in developing holographic navigation systems and augmented reality (AR) technologies for the automotive industry. Founded in 2012, the company is headquartered in Lausanne, Switzerland, with additional offices in Moscow, San Francisco, and Shanghai. WayRay's flagship products include Navion, an augmented reality car navigation system that incorporates aeronautical principles for intuitive land navigation, and ELEMENT, a holographic navigator that enhances the driving experience by displaying essential information directly on the windshield. These innovations aim to improve safety and convenience for drivers by allowing them to access navigation and trip details without diverting their attention from the road. By leveraging advanced AR technology, WayRay is paving the way for connected car solutions that enhance mobility and driving experiences.

VK (ex. Mail.Ru Group)

Corporate Round in 2018
Mail.ru Group was founded by Yuri Milner and is the largest Internet company in the Russian-speaking world. It is one of the largest Internet companies in Russia, and the world's seventh largest Internet business in terms of page views. Mail.ru Group operates two of the three largest Russian language social networking sites (Odnoklassniki.ru and Moi Mir@Mail.Ru), the two largest instant messaging networks in Russia (ICQ and Agent), Russia's leading email service, Russia's second largest Internet portal and Russia's largest online games company. Mail also holds strategic equity stakes of 32.49% in vKontakte, Russia's largest social networking site, and 25.09% in QIWI, formerly OE Investments, one of Russia's leading payment-processing companies. It also holds small minority stakes in Facebook, Zynga and Groupon.

YCloset

Corporate Round in 2018
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.

OpenSky

Acquisition in 2018
OpenSky Project, Inc. operates an online marketplace that connects merchants and shoppers, enabling users to shop and share a wide range of branded products across categories such as jewelry, home goods, beauty, apparel, electronics, and more. Founded in 2009 and headquartered in New York, the company has additional offices in various U.S. cities and in Romania. OpenSky aims to empower entrepreneurs by providing simple technology that enhances global trade, allowing small businesses to thrive. The platform also emphasizes social commerce, making transactions more immediate and interconnected. As a subsidiary of Alibaba Group, OpenSky plays a significant role in facilitating trade for hundreds of thousands of businesses, contributing to substantial annual sales. The company has been recognized for its innovative approach, appearing on notable lists such as Fast Company's World's 50 Most Innovative Companies and Forbes' America's Most Promising Companies.

Huishoubao

Series C in 2018
Shenzhen Huishoubao Tech Co., Ltd. operates a mobile phone recycling platform in China, focusing on the refurbishment and resale of used devices. The company offers a comprehensive service through its platform, where customers can evaluate their used mobile phones online, arrange for courier pickup, and negotiate final prices after inspection. Founded in 2014 and headquartered in Shenzhen, Huishoubao caters to both individual consumers and second-hand mobile phone dealers by providing a streamlined method for recycling and trading devices. The company's team brings expertise from various sectors, including the internet, supply chain, and the mobile phone industry, enhancing its ability to manage the entire recycling process effectively while leveraging resources throughout the digital product supply chain.
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