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.

Jack Ma

Chairman and Founder

Julie Huang Tsang

Director, International Corporate Affairs

Eddie Wu

Co-Founder, Interim Director, Board Member, and Chief Executive Officer & Head of E-commerce Business

Past deals in Beijing

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.

T11 Food Market

Series B in 2021
T11 Food Market offers grocery stores.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Shengong007

Series C in 2018
Shengong007 is a home decoration service platform.

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.

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.

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.

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.

Babytree

Corporate Round in 2018
Babytree is the largest parenting website in China, aimed at the fast-growing 60 million Chinese parents and 54-billion-dollar maternity and baby industry. Babytree aims to establish a platform where parents can share valuable experience, obtain positive and meaningful experiences about parenting and growth, and solve their multi-level and multi-sided parenting issues at the same time.

Seven Ages

Series B in 2018
Seven Ages Investment Co. Ltd., established in 2012, is a leading player in the production of Chinese language incarnations of top-notch musicals, touring throughout the Mainland. By dedicating itself to creating state-of-the-art production processes, as well as researching and initiating the most advanced marketing systems in China for productions, Seven Ages has truly set the standard for the Chinese musical theatre industry.

SenseTime

Series C in 2018
SenseTime develops face recognition technology that can be applied to payment and picture analysis, which could be used, for instance, on bank card verification and security systems. Ranked fifth in China Money Network's China AI Top 10 Ranking in 2017, SenseTime currently provides its face recognition technology to over 300 companies including China Mobile Communication Co, China UnionPay, Huawei Technologies Co., Xiaomi, and JD.com. Founded in 2014, SenseTime says its face recognition technology has an error rate below one in 100,000. It also provides text, vehicle, and image recognition to mobile Internet companies, financial services, and security companies.

Tingjiandan

Series C in 2018
Beijing Tingjiandan Information Technology Co., Ltd. operates a web based O2O parking platform to provide intelligent parking solutions to parking owners. The company is based in China.

Easyhome

Private Equity Round in 2018
Beijing Easyhome Home New Retail Chain Group Co., Ltd. is a prominent home improvement and furniture chain operator based in China. The company operates 223 physical stores across 29 provinces, making it the second largest in its sector within the country. Easyhome is involved in various aspects of retail, including commercial property development, shopping mall decoration, and e-commerce. In addition to its home furnishing stores, it manages a portfolio that includes department stores, shopping malls, supermarkets, and hypermarkets. The company also engages in shop leasing and project development, demonstrating its broad scope within the retail and commercial property markets.

Easyhome

Private Equity Round in 2018
Beijing Easyhome Home New Retail Chain Group Co., Ltd. is a prominent home improvement and furniture chain operator based in China. The company operates 223 physical stores across 29 provinces, making it the second largest in its sector within the country. Easyhome is involved in various aspects of retail, including commercial property development, shopping mall decoration, and e-commerce. In addition to its home furnishing stores, it manages a portfolio that includes department stores, shopping malls, supermarkets, and hypermarkets. The company also engages in shop leasing and project development, demonstrating its broad scope within the retail and commercial property markets.

Shiji Group

Post in 2018
Shiji Group provides software solutions and services for the hospitality, food service, retail and entertainment industries, ranging from hotel management solutions, to food and beverage and retail systems, payment gateways, data management, online distribution and more. Founded in 1998 as a network solutions provider for hotels, and later changed to a software provider for the whole consumer market, Shiji Group today comprises 5,000 employees in 80+ subsidiaries and brands, serving over 91,000 hotels, 200,000 restaurants and 600,000 retail outlets. With the benefit of investment partners such as Alibaba, Shiji develops a network of cloud technology platforms that facilitate data exchange by connecting businesses vertically and horizontally across related industries. The importance of cross-industry integration to connect all levels of the supply chain, from guests, to distributors and suppliers of all types is a critical part of our mission. Our goal is to facilitate the transition to fully integrated systems for our clients through a network of platforms that communicate securely and easily so our clients can focus on their core competencies of serving their guests.

WANDA Group

Venture Round in 2018
Wanda Group, founded in 1988 and based in Beijing, China, operates in multiple sectors including commercial properties, luxury hotels, tourism, and the cultural industry. Wanda Film Holding Co., Ltd., a subsidiary of Beijing Wanda Investment Co., Ltd., specializes in the investment, construction, and operation of movie theaters, managing 490 theaters with a total of 4,340 screens across China, Australia, and New Zealand. The company is also involved in film distribution, movie screenings, and related businesses such as merchandise sales and advertising. Additionally, Wanda E-Commerce provides online-to-offline services, enhancing the integration of digital commerce with physical retail. With significant assets and revenue, Wanda Group has established itself as a key player in both the entertainment and commercial sectors.

Cambricon Technologies

Series A in 2017
Cambricon Technologies Corporation Limited creates core processor chips for various types of intelligent cloud servers, intelligent edge devices, and intelligent terminals. It offers terminal intelligent processor IPs, smart accelerator cards, and edge artificial intelligence acceleration cards; and Cambricon NeuWare, a software development platform for its cloud, edge, and end intelligent processor products. The company was founded in 2016 and is based in Beijing, China.

China Unicom

Post in 2017
China Unicom is a leading integrated telecommunications operator based in Hong Kong, providing a wide range of telecommunications services and products globally. The company offers mobile voice services, including local and long-distance calls, as well as mobile data services, such as SMS, mobile music, and app services. Additionally, China Unicom provides fixed-line services, including broadband access and value-added services, and bundles these offerings into comprehensive service packages. The company is also involved in advanced technological services, including cloud computing, big data, and Internet-of-Things solutions. Furthermore, it offers network construction, consulting, and project management services, alongside various other services such as e-payment, advertising, and customer support. Established in 2009 through the merger of China Unicom and China Netcom, China Unicom has a significant presence across China and internationally, with multiple subsidiaries operating in 31 provinces and various regions worldwide.

Yiguo.com

Series D in 2017
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.

Dt Dream

Series A in 2017
Dt Dream is a cloud computing and big data solutions provider with an integrated big data terminal called "DThink."​ Dt Dream, founded in March 2015 in Hangzhou, has established technology centers and innovation labs in Beijing, Hangzhou, and Nanjing, and set up branch offices in more than 20 cities across China. Dt Dream is a strategic partner of Alibaba Group's cloud computing arm Alibaba Cloud and has extensive experience in government, urban, and industrial internet applications.

Quixey

Debt Financing in 2016
Quixey, Inc. is a mobile technology company based in Mountain View, California, with additional offices in Beijing, Bengaluru, and Tel Aviv. Founded in 2009, Quixey operates a platform designed to enhance user access and engagement with mobile applications. The company's primary offering, Deep View Cards, enables users to connect seamlessly with app functionalities through a combination of content acquisition techniques and application mining technology. This solution facilitates the display of search results, native ads, and visually engaging links across various platforms, including social and messaging services. By allowing users to search for mobile apps based on specific actions they wish to perform, Quixey streamlines processes such as booking hotels or ordering rides, ultimately delivering a more efficient and relevant app experience.

SnapPea

Acquisition in 2016
Wandoujia is China’s search engine for mobile entertainment, creating innovations with widespread influence over China’s mobile internet industry. Wandoujia has been installed more than 350 million times, with new installations each day exceeding 800,000. Its search index provides over one million choices in multiple content verticals: apps, videos, and ebooks, as well as supplying wallpapers, music, and themes from more than 130 content providers. It was one of the first startups incubated by [Innovation Works](www.crunchbase.com/financial-organization/innovation-works-china). Wandoujia launched its first product in 2010: a desktop phone manager for Android and has since pioneered mobile search products to help users discover and consume content. Wandoujia has a track record of successful international partnerships with those that share its commitment to mobile user experience. It has helped foreign developers like Flipboard, Evernote, Pocket, and LINE release their apps in China. Wandoujia has a [developer center here](http://developer.wandoujia.com/intl/). And Wandoujia's international version, [SnapPea](www.snappea.com), was launched in June 2012. Wandoujia also publishes [The Mobile Search Index](http://appindex.wandoujia.com/), a monthly report on Chinese trends in mobile search. The team is based in Beijing, with more than 250 employees and four cats.

DBSec

Series B in 2016
DBSec is an Enterprise services company.

Didi

Funding Round in 2016
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation. Bo Zhang and Wei Cheng established the company in 2012 in Beijing, Beijing.

GuideRank

Angel Round in 2016
Guangzhou Guiderank Co., Ltd. is a Beijing-based company that specializes in providing online rankings, guiding articles, and reviews for consumer goods. By focusing on consumer upgrades, the company aims to assist customers in making informed purchasing decisions through comprehensive evaluations and comparisons of various products.

Yiguo.com

Series C in 2016
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.

Youku

Acquisition in 2015
Youku is a Chinese video-sharing website that enables users to search, view, and share high-quality video content across multiple devices. Employing the tri-networks integration model, Youku’s online video content ranges from user-generated content and self-produced serials to licensed professional content. Its platform offers a space for individuals and institutions to upload and share their treasured moments, independent films, viral videos, and other creations. Youku was first listed on the New York Stock Exchange on December 18, 2010. As of 2007, the company had raised over $40 million in funds, which came from existing investors, including Maverick Capital, Brookside Capital (an affiliate of Bain Capital, LLC), Sutter Hill Ventures, Farallon Capital, and China-based Chengwei Ventures, LLC. In the same year, AC Nelson Co. announced that Youku's overall video viewing (VV) rate had exceeded 100 million, and the daily UV rate exceeded 12 million. On March 12, 2012, Youku reached an agreement to acquire Tudou in a stock-for-stock transaction, the new entity being named Youku Tudou, Inc. Youku's major competitors include Tencent Video, 163 Video, and Sohu Video.

Youku

Acquisition in 2015
Youku is a Chinese video-sharing website that enables users to search, view, and share high-quality video content across multiple devices. Employing the tri-networks integration model, Youku’s online video content ranges from user-generated content and self-produced serials to licensed professional content. Its platform offers a space for individuals and institutions to upload and share their treasured moments, independent films, viral videos, and other creations. Youku was first listed on the New York Stock Exchange on December 18, 2010. As of 2007, the company had raised over $40 million in funds, which came from existing investors, including Maverick Capital, Brookside Capital (an affiliate of Bain Capital, LLC), Sutter Hill Ventures, Farallon Capital, and China-based Chengwei Ventures, LLC. In the same year, AC Nelson Co. announced that Youku's overall video viewing (VV) rate had exceeded 100 million, and the daily UV rate exceeded 12 million. On March 12, 2012, Youku reached an agreement to acquire Tudou in a stock-for-stock transaction, the new entity being named Youku Tudou, Inc. Youku's major competitors include Tencent Video, 163 Video, and Sohu Video.

58 Daojia

Series A in 2015
The company provides information on and access to high-quality offline services such as cleaning, moving, babysitting, beauty care, and many other categories in approximately 30 cities in China. With its location-based order processing system, 58 Home's platform directly connects customers to the nearest independent service providers. Founded in September 2014, 58 Home is a multi-category local services platform in China.

Yi+

Series A in 2015
"Yi +" (Beijing Mo Shanghua Technology Co., Ltd.) is a leading computer vision engine service provider, providing enterprises with visual content intelligent and commercial solutions. We are committed to "continue to deepen the potential of digging artificial intelligence to help customers and users to explore the extraordinary world, innovative marketing scenarios, to get more value" in the image and video in the scene, general objects, goods, face detection, identification , Search and recommendation to achieve the leading level. At present, Yi + cooperation with dozens of top institutions and products, through the provision of side to see the edge of the engine, video and video content analysis engine, face recognition engine and other visualization technology based on data technology products, massive users to help the content side to achieve Scene marketing, intelligent analysis and content interaction.

Dt Dream

Seed Round in 2015
Dt Dream is a cloud computing and big data solutions provider with an integrated big data terminal called "DThink."​ Dt Dream, founded in March 2015 in Hangzhou, has established technology centers and innovation labs in Beijing, Hangzhou, and Nanjing, and set up branch offices in more than 20 cities across China. Dt Dream is a strategic partner of Alibaba Group's cloud computing arm Alibaba Cloud and has extensive experience in government, urban, and industrial internet applications.

Didi

Private Equity Round in 2015
Didi Chuxing is a mobile transportation platform that offers app-based transportation services. The company offers a mobile tech-based mobility option for users across, including taxi hailing, private car-hailing, Hitch (social ride-sharing), DiDi Chauffeur, DiDi Bus, DiDi Test Drive, DiDi Car Rental, and DiDi Enterprise Solutions. As a practitioner in the sharing economy initiative, DiDi is committed to working with communities and partners to solve transportation, environmental challenges, and employment problems using big data-driven deep-learning algorithms that optimize resource allocation. Bo Zhang and Wei Cheng established the company in 2012 in Beijing, Beijing.

Chelaile

Series B in 2015
Yuan Micron Technology, Inc. was founded in 2012, has a number of independent intellectual property products, is now 863 projects Peking "human-centered wisdom of urban travel service platform" cooperative units, Wuhan Donghu Development Zone in 3551 Talents enterprises, Shanghai " Pegasus trip "Service Innovation Alliance. Few years, Yuan Micron Technology has developed a variety of influential products, is currently one of the most influential development team in real-time bus fields. Currently, the company and Digital China, China Media, Newcom,德璐media, the FTSE Huang and Lee, White Horse Media, LongFan media and other industry well-known enterprises to achieve cooperation and access to top angel investors invest. Due to the influence of the national product, has been used as the representative of the real-time aspects of the bus companies to accept CCTV, Changjiang Daily, Wuhan Evening News, Daily, Wuhan, Chengdu Business Daily, Chongqing Daily, Xinhua News Agency and other media reported.

365 Translation

Acquisition in 2015
365 Fanyi is a crowdsourcing translation platform.

Quixey

Series C in 2015
Quixey, Inc. is a mobile technology company based in Mountain View, California, with additional offices in Beijing, Bengaluru, and Tel Aviv. Founded in 2009, Quixey operates a platform designed to enhance user access and engagement with mobile applications. The company's primary offering, Deep View Cards, enables users to connect seamlessly with app functionalities through a combination of content acquisition techniques and application mining technology. This solution facilitates the display of search results, native ads, and visually engaging links across various platforms, including social and messaging services. By allowing users to search for mobile apps based on specific actions they wish to perform, Quixey streamlines processes such as booking hotels or ordering rides, ultimately delivering a more efficient and relevant app experience.

Fuyou Kache

Series A in 2015
Fuyoukache provides long distance truck logistics services to enterprises, individuals and large third-party logistics companies, connecting truck drivers with those in need of logistic services via its online platform.
Ktplay develops and markets a social game platform that is free for use by all mobile game developers. It also helps aggregate all passionate users of their clients into their own, manageable, in-app community that looks and feels like a part of their application. The platform’s robust back end empowers its users to curate, manage, and create contents in real-time. Their easy-to-use in-app messaging and reward system turns its users in-app communities into a fully equipped live ops platforms, enabling their live ops teams to run events, influence user behaviors, and ultimately increase their app's retention and revenue. Ktplay is headquartered in China and the company was founded in 2014.

Momo

Venture Round in 2014
Momo is a free location-based services instant messaging application that enables smartphone users to chat with people nearby. It allows users to connect with others in the same location and share free texts, audio notes, and photographs over the internet. The app helps users find like-minded people around them anywhere and anytime. Since its launch in August, 2011, Momo has since registered 80 million users after two years and three months. The number of daily active users is 13 million and the number of monthly active users is 39 million. An average of 500 million messages are generated daily during one-on-one conversations or group chatting.

Shiji Group

Post in 2014
Shiji Group provides software solutions and services for the hospitality, food service, retail and entertainment industries, ranging from hotel management solutions, to food and beverage and retail systems, payment gateways, data management, online distribution and more. Founded in 1998 as a network solutions provider for hotels, and later changed to a software provider for the whole consumer market, Shiji Group today comprises 5,000 employees in 80+ subsidiaries and brands, serving over 91,000 hotels, 200,000 restaurants and 600,000 retail outlets. With the benefit of investment partners such as Alibaba, Shiji develops a network of cloud technology platforms that facilitate data exchange by connecting businesses vertically and horizontally across related industries. The importance of cross-industry integration to connect all levels of the supply chain, from guests, to distributors and suppliers of all types is a critical part of our mission. Our goal is to facilitate the transition to fully integrated systems for our clients through a network of platforms that communicate securely and easily so our clients can focus on their core competencies of serving their guests.

MomentCam

Series A in 2014
MomentCam is a Chinese fun photo app company. MomentCam already has in-app purchases for extra special effects, but the Chinese team is also weighing up other things, such as in-app gifting and even offline gifts. It is the world's first personalized cartoon-creating tool in the form of a smartphone app - MomentCam. Since its release, the app has gathered over 200 million downloads, and reached a record 3.25 million new users in a single day as well as 10 million new users in 4 days.

Huxiu.com

Series A in 2014
Beijing Huxiu Information Technology Co., Ltd. operates an online information and communication platform which provides industry trends and investment related information to users. It was formerly known as Beijing Yunmi Information Technology Co., Ltd. and changed its name to Beijing Huxiu Information Technology Co., Ltd. in August, 2015. The company was founded on February 24, 2012 and is based in Beijing, China.

Meituan

Series C in 2014
Meituan is a leading e-commerce platform in China, primarily focused on providing a wide array of services through its various mobile applications, including Meituan and Dianping. The company operates in over 2,800 cities and counties, offering more than 200 service categories such as food delivery, car-hailing, hotel booking, and entertainment ticketing. As the largest food delivery service in China, Meituan held a 70.7% market share in 2020. In 2023, the company generated 58% of its revenue from on-demand services, with additional revenue from hotel bookings, advertising, and emerging initiatives. Meituan's transition towards community group buying and logistics indicates a strategic shift that may eventually redefine its core business beyond food delivery. Established in 2010, Meituan has grown significantly, leveraging technology to enhance everyday services while aiming to foster smart cities and promote social responsibility through collaborations with various organizations.

Youku

Post in 2014
Youku is a Chinese video-sharing website that enables users to search, view, and share high-quality video content across multiple devices. Employing the tri-networks integration model, Youku’s online video content ranges from user-generated content and self-produced serials to licensed professional content. Its platform offers a space for individuals and institutions to upload and share their treasured moments, independent films, viral videos, and other creations. Youku was first listed on the New York Stock Exchange on December 18, 2010. As of 2007, the company had raised over $40 million in funds, which came from existing investors, including Maverick Capital, Brookside Capital (an affiliate of Bain Capital, LLC), Sutter Hill Ventures, Farallon Capital, and China-based Chengwei Ventures, LLC. In the same year, AC Nelson Co. announced that Youku's overall video viewing (VV) rate had exceeded 100 million, and the daily UV rate exceeded 12 million. On March 12, 2012, Youku reached an agreement to acquire Tudou in a stock-for-stock transaction, the new entity being named Youku Tudou, Inc. Youku's major competitors include Tencent Video, 163 Video, and Sohu Video.

AutoNavi

Acquisition in 2014
AutoNavi Holdings Limited is a Chinese provider of digital map content and navigation solutions. The company has built a mobile and internet location-based service platform that offers its customers and business partners a broad range of solutions serving various aspects of customer needs. This service platform also enables the company to move from a pure B2B model to a combined B2B or B2C model. Through its digital map database and proprietary technology platform, AutoNavi Holdings provides integrated navigation and location-based solutions optimized for the Chinese market and users, including automotive navigation solutions, mobile location-based solutions, internet location-based solutions, and public sector and enterprise applications. AutoNavi Holdings has strategic alliance and cooperation agreements with TomTom Global Content, SINA, and Alibaba Group. The company is headquartered in Beijing, China.

Vmovier

Series A in 2014
Vmovier is an online platform specializing in microfilm sharing, providing users access to a diverse collection of short films from both China and international sources. Founded in 2012 and headquartered in Beijing, the company also features behind-the-scenes videos and industry news, catering to audiences in the Chinese Mainland and overseas markets. Vmovier aims to promote microfilm as a unique storytelling medium, creating a space for filmmakers and viewers to connect through innovative visual narratives.

Tango

Series D in 2014
TangoMe, Inc., operating as Tango, is a mobile messaging service provider founded in 2009 and headquartered in Mountain View, California. The company offers a free application that facilitates communication through video and voice calls, texting, and content sharing, with over 350 million registered users across various platforms, including iOS, Android, Blackberry, and PC. Tango is recognized as a popular application, consistently ranking among the top free apps on Android and iTunes. The service supports cross-platform functionality over 3G, 4G, and Wi-Fi, and is available in 15 languages in more than 224 countries. In addition to its messaging capabilities, Tango collaborates with third-party game developers, brands, and content publishers to create integration and advertising opportunities. TangoMe has secured $367 million in venture capital financing and maintains additional offices in Austin, Texas; St. Petersburg, Russia; and Beijing.

ByeCity

Series B in 2014
Byecity.com (佰程旅行网) is a Chinese service agency providing O2O (Online-to-Offline) services for the outbound tourism industry. Byecity.com was awarded the ""5A Grade Travel Agency"" by Beijing Tourism Development Committee for its performance on both ""technology innovation and service experience"". The company is devoted to the combination of internet and traditional outbound tourism, and is the first e-commercial website of outbound tourism in China. Byecity’s business covers eight modules: visa application, exclusive custom, free travel, topic group, overseas hotels, international tickets, international single businesses, and international business trips for enterprises. The company provides customers with the ""one-stop"" outbound tourism solutions in five aspects, which are demand release, resources distribution, budget management, risk control, and solutions.

Yiguo.com

Series B in 2014
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.

Intime Retail

Post in 2014
Intime Retail (Group) Company Limited is a prominent investment holding company that operates department stores and shopping malls across Mainland China. Established in 1998 and headquartered in Beijing, the company has diversified its operations into four primary segments: Department Store, Shopping Mall, Property Development, and Others. Intime manages a significant portfolio, including 29 department stores and 20 shopping malls, covering a total gross floor area of over 3.3 million square meters. Its properties are strategically located in various provinces such as Zhejiang, Hubei, Beijing, Anhui, Hebei, Guangxi, and Shaanxi. The company has evolved from traditional retail formats to incorporate e-commerce, aligning with modern shopping trends and consumer preferences. Additionally, Intime is involved in property development, leasing, and trademark management, positioning itself as a key player in China's retail landscape. In 2013, it rebranded from Intime Department Store (Group) to its current name and has since operated as a subsidiary of Alibaba Investment Limited.

Quixey

Series C in 2013
Quixey, Inc. is a mobile technology company based in Mountain View, California, with additional offices in Beijing, Bengaluru, and Tel Aviv. Founded in 2009, Quixey operates a platform designed to enhance user access and engagement with mobile applications. The company's primary offering, Deep View Cards, enables users to connect seamlessly with app functionalities through a combination of content acquisition techniques and application mining technology. This solution facilitates the display of search results, native ads, and visually engaging links across various platforms, including social and messaging services. By allowing users to search for mobile apps based on specific actions they wish to perform, Quixey streamlines processes such as booking hotels or ordering rides, ultimately delivering a more efficient and relevant app experience.

Momo

Series C in 2013
Momo is a free location-based services instant messaging application that enables smartphone users to chat with people nearby. It allows users to connect with others in the same location and share free texts, audio notes, and photographs over the internet. The app helps users find like-minded people around them anywhere and anytime. Since its launch in August, 2011, Momo has since registered 80 million users after two years and three months. The number of daily active users is 13 million and the number of monthly active users is 39 million. An average of 500 million messages are generated daily during one-on-one conversations or group chatting.

Kanbox

Acquisition in 2013
Kanbox (酷盘) is a network disk and synchronization tool that is used for file management and backup. It is able to instantly and automatically sync documents to PCs, mobile phones, and the web. Kanbox has no limitations of time, place, and equipment. As long as internet is accessible, users are able to manage and backup their files on their personal computers or smartphones at anytime and anywhere. The files saved to the Kanbox will be stored in its cloud-based server. Kanbox enables users to share files with friends at any time. It also helps users manage their personal data.

Yiguo.com

Series A in 2013
Yiguo is a fresh produce e-commerce platform. The company was founded in 2005 and is based in Shanghai, China. Yiguo guarantees one-day delivery in the cities of Beijing, Shanghai, Guangzhou and Chengdu, and two-day delivery in over 200 cities.

Weibo

Funding Round in 2013
Weibo Corporation operates as a prominent social media platform in China, enabling users to create, distribute, and discover content in Chinese. The company functions through two main segments: Advertising and Marketing Services, and Value-Added Services. Weibo provides various tools for user engagement, including discovery features, self-expression products, and social interaction tools. Its advertising solutions encompass social display ads and promoted feeds, allowing businesses to enhance their brand visibility and conduct marketing activities effectively. Additionally, Weibo collaborates with content creators, offering copyright content and services through traffic resource exchanges, while also supporting partnerships with multi-channel networks and other media entities. Founded in 2009 and headquartered in Beijing, Weibo has significantly influenced social communication in China by facilitating real-time interaction and connectivity among users.

Umeng

Acquisition in 2013
Umeng+ is a Beijing-based startup providing mobile application analytics solutions. Umeng+ is focused on providing professional mobile-applied statistics analysis tools, utility components, and promotion services for developers in China. The company has helped many mobile development teams better understand users' needs and individual developers promote their products. Umeng+ currently owns a professional team of more than 90 people who are from IT companies such as Google, Baidu, Sohu, Samsung, etc. In 2016 Umeng, CNZZ, and Diyuanxin (缔元信) was merged to form Umeng+ (友盟+).

Momo

Series B in 2012
Momo is a free location-based services instant messaging application that enables smartphone users to chat with people nearby. It allows users to connect with others in the same location and share free texts, audio notes, and photographs over the internet. The app helps users find like-minded people around them anywhere and anytime. Since its launch in August, 2011, Momo has since registered 80 million users after two years and three months. The number of daily active users is 13 million and the number of monthly active users is 39 million. An average of 500 million messages are generated daily during one-on-one conversations or group chatting.

Meituan

Series B in 2011
Meituan is a leading e-commerce platform in China, primarily focused on providing a wide array of services through its various mobile applications, including Meituan and Dianping. The company operates in over 2,800 cities and counties, offering more than 200 service categories such as food delivery, car-hailing, hotel booking, and entertainment ticketing. As the largest food delivery service in China, Meituan held a 70.7% market share in 2020. In 2023, the company generated 58% of its revenue from on-demand services, with additional revenue from hotel bookings, advertising, and emerging initiatives. Meituan's transition towards community group buying and logistics indicates a strategic shift that may eventually redefine its core business beyond food delivery. Established in 2010, Meituan has grown significantly, leveraging technology to enhance everyday services while aiming to foster smart cities and promote social responsibility through collaborations with various organizations.