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.

285 past transactions

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 a technology-driven marketplace based in Gurugram, India, that specializes in buying and selling pre-owned cars. Founded in 2015, the company aims to streamline the used car transaction process, offering vehicle owners a reliable platform to sell their cars at competitive prices. CARS24 employs an AI-enabled pricing algorithm to accurately assess vehicle market values and provides car inspection and valuation services. The platform facilitates appointment bookings for vehicle inspections, enhancing the overall customer experience. Additionally, CARS24 operates a financial services division that offers various lending products related to vehicle purchases. The company is supported by prominent investors and operates as a subsidiary of Global Car Group, reflecting its growing influence in the automotive marketplace.

Vastai Technologies

Series B in 2021
Vastai Technologies is focused on developing AI chips for the optimization of computer vision and video processing.

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 specializing in virtual reality games that deliver a premium, immersive experience through advanced VR hardware and real-time motion capture technology. Founded in 2016, it aims to create a unique entertainment medium that closely resembles the fictional holodeck from Star Trek. The company is based in San Mateo, California, and focuses on providing users with a fully engaging virtual environment, setting itself apart in the burgeoning VR 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 virtual reality solution provider. It has wide applications in industries such as digital entertainment (Internet, video, film), real estate (home design, interior decoration, virtual house inspection), education (remote or online courses), medical (remote diagnose, operation surveillance, adjuvant therapy) and tourism.

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 Van is the growing startup in the logistics space, solving the last mile problem via a multitude of strategic tie-ups and a cutting edge technology stack via our reactive and distributed systems. We firmly believe that optimization of logistics in Asia revolves around a routing software layer controlling legacy assets while concurrently building our own hardware, infrastructure and assets if necessary to enable the new age of logistics. Imagine scalable capacity on demand. Imagine routing and sharing of corporate fleets. Imagine affordable multi-modal same-day courier.

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 is an international self-driving vehicle technology provider focused on developing Level 4 autonomous driving technologies. DeepRoute was founded by a highly experienced team with a track record of technological innovation in multiple companies, including Google, Microsoft, and Ford. The company operates out of research centers located in Shenzhen and Beijing.

Banma Zhixing

Corporate Round in 2021
Banma Zhixing is a global vehicle solution platform that focuses on the automotive and transportation industries. The company specializes in developing smart car operating systems and providing innovative smart car and digital transportation solutions. By opening up its AliOS in-car operating system to developers and carmakers, Banma Zhixing aims to enhance the capabilities of connected cars, thereby transforming the travel experience. Through its advances in technology, the company is dedicated to realizing the potential of connected vehicles and shaping the future of transportation.

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.com is the largest mobile commerce company in Turkey and the MENA region selling more than 70 million items per year. Company mission is to serve customers to buy what they want, when they want with the best experience driven by technology. Trendyol is a Tech company - Technology is the driver, Ecommerce is the outcome. Founded in 2010, Trendyol is the largest internet employer in Turkey with a team of ca. 2000 people. In 2018, company announced an investment and strategic partnership with Alibaba Group. Alibaba's investment into Trendyol is the largest internet sector investment in Turkey to date.

Leyan Technologies

Series C in 2021
Leyan Technology is an artificial intelligence company. The company was founded on April 2016 and is based in Shanghai, China.

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.

Dufry

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 Limited, an investment holding company, operates hypermarkets and e-commerce platforms in the People’s Republic of China. It operates its hypermarkets under the RT-Mart and Auchan brands. The company also provides consulting, investment, wholesaling, and retailing services. As of December 31, 2019, it had a total of 486 outlets in 232 cities across 29 provinces, autonomous regions, and municipalities. The company was founded in 1998 and is based in Wan Chai, Hong Kong. Sun Art Retail Group Limited is a subsidiary of Taobao China Holding Limited.

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

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.

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.

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.

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.

Xpeng Motors

Series C in 2020
Xiaopeng Motors is an electric vehicle and technology company that designs and manufactures smart cars. Xiaopeng Motors focuses on local needs and the consumer experience, while also integrating autonomous driving and internet electronic technologies, their vehicles are greater than the sum of their parts. Xpeng Motors is not only dedicated to serving every family with technology but also to become a companion that truly understands you. Xpeng is equipped with experts from top companies in the field such as Tesla, Mercedes-Benz, Porsche, Ford, Mazda, GAC Motor, Alibaba Group, Tencent, Huawei, P&G and Mi, and more. Electric cars, the Internet, and cross-border brand-retail and internet integration have made Xpeng the main pioneer of this industry.

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 Technologies

Series B in 2020
SQream Technologies is a provider of a data analytics acceleration platform that enables enterprises to gain insights from their data stores. It delivers a flexible database for huge dataset analytics. Enterprises use SQream DB, a GPU database created by SQream Technologies to analyze data-sets. SQream DB delivers business intelligence acceleration for smart, informed, near real-time time decision making based on large data sets. With minimum cost, hardware, and infrastructure changes required, anyone can ingest, compress, store, and analyze large data-sets in near real-time. The company works using broadly adopted production standards like SQL, Java, and Python. The Tel Aviv, Tel Aviv-located company was established by Razi Shoshani, Kostya Varakin, and Ami Gal in 2010.

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 that provides reliable logistics solutions to its partners. The company offers comprehensive last-mile delivery, reverse logistics, payment collection, drop shipping, vendor management, cross border services, fulfillment services, and tailored software solutions to clients. Xpressbees was founded in 2015 and is headquartered in Pune, India.

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 works closely with ecosystem partners to provide consumers with credit scores using unconventional and unstructured data, allowing under-banked population to be service by traditional financial institutions.

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
Hangzhou Netease Cloud Music Technology Co., Ltd. offers online music streaming services. The company provides its services through a mobile application. Hangzhou Netease Cloud Music Technology Co., Ltd. was founded in 2013 and is based in Hangzhou, China. Hangzhou Netease Cloud Music Technology Co., Ltd. operates as a subsidiary of NetEase, Inc.

Kaola

Acquisition in 2019
In-depth source of direct supply to ensure the quality of goods; heavy gold bulk purchase, to ensure that the price is competitive; self-operated stocking government supervision, 30 days worry-free after-sales; and customs, bonded areas in-depth cooperation, electronic customs clearance, 3-15 after the order Delivered on business days. Support Netease, Alipay, online banking, credit card and other payment methods, bid farewell to multi-currency payment troubles.

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
Beijing Transinfo Technology Group is a Chinese independent entrepreneurial company that provides transportation products and solutions. Founded in 2000, Transinfo Group has nearly 20 branches and subsidiaries across the country and more than 1000 employees. It has a business and service network all over the country and three business modules: the smart transportation products and solutions for cities; the smart transportation products and solution for highways; and dynamic transportation information service for the public.

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.

Face++

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.

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.

Qutoutiao

Post in 2019
Qutoutiao Inc. operates mobile platforms dedicated to the distribution, consumption, and sharing of light entertainment content in China. Founded in 2016 and headquartered in Shanghai, the company is best known for its flagship application, Qutoutiao, which aggregates articles and short videos, delivering real-time customized feeds tailored to individual users through an AI-powered recommendation engine. This technology enhances user engagement by providing relevant information and entertainment, ultimately fostering knowledge exchange within society. Additionally, Qutoutiao offers Midu Novels, a mobile literature application that provides free literature supported by advertising, alongside the Midu Lite app. The company employs a unique user account system and a gamified loyalty program, allowing users to earn points through various interactions, such as referring new users or consuming content. This approach not only increases user engagement but also enables Qutoutiao to track user behavior for improved content recommendations.

T3 Mobile Travel Services

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.

Baiwang Cloud

Series A in 2019
Baiwang Co., Ltd. provides smart solutions and invoice cloud ecological services in tax control equipment, invoice management system, electronic invoice service platform, invoice supply chain coordination, and invoice financial services. The firm is based in China.

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 company specializing in YouTube marketing and analytics, providing services designed to help content creators, brands, and multi-channel networks enhance their video presence and revenue generation. Its platform offers a comprehensive dashboard that enables users to grow their channels, connect with influencers, and maximize organic views on YouTube. With tools for analyzing subscriber activity and engagement, Vidooly also facilitates social media analysis and categorizes subscribers for targeted outreach. Additionally, the platform provides services such as influencer connections, competitor tracking, and content suggestions. Founded in 2013 and based in Noida, India, Vidooly has attracted over 30,000 video content creators worldwide and utilizes big data to assess engagement from over 500 million viewers across multiple social video platforms. Notable clients include industry leaders like Fine Brothers and GroupM. The company was originally named Vidoofy before rebranding in January 2014.

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.

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 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 advanced holographic navigation systems and augmented reality (AR) solutions aimed at enhancing connected car technologies. Founded in 2012 by Vitaly Ponomarev, the company is headquartered in Zürich, Switzerland, with additional offices in Moscow, San Francisco, and Shanghai. Its flagship products include Navion, an AR navigation system that integrates aeronautical principles for effective land navigation, and ELEMENT, a holographic car navigator that utilizes AR to improve driving experiences. By applying aerospace technology to automotive navigation, WayRay aims to transform how drivers interact with their vehicles and the surrounding environment.

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
At YCloset, users were able to enroll for a monthly fee and rent clothes and accessories free of charge. Founded in 2015, the Beijing-based online platform operated in about 40 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen. They had partnered with over a hundred fashion brands providing the rental service. The firm announced that it would close down its operations by August 15, 2021.

OpenSky

Acquisition in 2018
OpenSky OpenSky is a social platform that makes commerce more instant, open and connected. Founded by [John Caplan](http://www.crunchbase.com/person/john-caplan) and [Kevin Ambrosini](http://www.crunchbase.com/person/kevin-ambrosini-2), OpenSky has been named one of The World’s 50 Most Innovative Companies (alongside Apple, Facebook, Google, Amazon, Twitter, Square, Airbnb, Dropbox and Kickstarter) by Fast Company and one of America's Most Promising Companies by Forbes.

Huishoubao

Series C in 2018
Shenzhen Huishoubao Tech Co., Ltd. operates a used mobile phone recycling platform in China. The company offers huishoubao.com, a platform that sells superior mobile phones to second-hand mobile phone dealers and cannibalizes inferior ones for their salvageable parts. Its recycling process is to initially evaluate an online offer, retrieve the mobile phone by courier for inspection, then negotiate the final price with the owner. The company was founded in 2014 and is headquartered in Shenzhen, China.

TUNGEE

Series A in 2018
Guangzhou Tungee Technology Co.,Ltd., a software as a service (SaaS) company, develops intelligent sales cloud platform. It provides leads mining, business opportunity engagement, customer relationship management, and order analysis for enterprises. The company offers Tungee intelligent sales cloud platform , outbound leads, inbound leads, engage, cloud-based call center, intelligent call, and CRM products. It also offers Tungee galaxy, prophecy, and discernment solutions. Guangzhou Tungee Technology Co.,Ltd. was founded in 2016 and is based in Panyu, China.

Shengwei Times

Series B in 2018
Shengwei Times operates a comprehensive travel service platform known as Bus365, which focuses on the road passenger service industry in China. The platform facilitates online booking for various modes of transportation, including bus, train, and ride-hailing services. It connects public transportation resources like railways and civil aviation, covering 16 provinces and municipalities across the country. By offering an integrated ticketing solution, Shengwei Times enhances the travel experience for passengers, making it more efficient, intelligent, and convenient. This approach allows travelers to access diverse transportation options, streamlining their journey across different regions in China.

Shanghai Canxing Cultural and Broadcast Company

Series B in 2018
Shanghai Canxing Cultural and Broadcast Company, which does business as Starry Production, produces television programs in China. Shanghai Canxing Cultural and Broadcast Company is headquartered in China. The company operates as a subsidiary of Star (China) Ltd.

Face++

Series D in 2018
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.