Alibaba Group is the largest online and mobile commerce company globally, primarily known for its extensive e-commerce platforms that connect buyers and sellers. It operates notable marketplaces in China, including Taobao, which focuses on consumer-to-consumer transactions, and Tmall, which caters to business-to-consumer interactions. The company's core business lies in its China commerce retail division, which is a significant source of cash flow. In addition to retail and wholesale transactions, Alibaba also generates revenue from various sectors, including international commerce, local consumer services, cloud computing, digital media and entertainment, and logistics through its Cainiao network. Alibaba's diverse portfolio positions it as a key player across multiple industries, including retail, logistics, and technology.
Cabana is a new home furnishings retail brand focusing on global design furniture. Cabana offers modern design furniture, lamps, and lifestyle brand products. Cabana provides a variety of products and exclusive services for new consumers.
Xreal is a developer of mixed reality technology based in Beijing, China, founded in 2017. The company specializes in creating lightweight mixed reality glasses, with its flagship product, Nreal Light, designed for comfort and vivid display quality. These glasses utilize advanced spatial computing algorithms and environment-understanding AI to deliver an immersive user experience. Xreal aims to make mixed reality technology accessible to a broader audience, while also empowering developers to create innovative applications that enhance entertainment and productivity. Through its products and initiatives, Xreal seeks to unlock the full potential of mixed reality in everyday life.
FAIR is a collaborative robot company that has research and development and manufacturing capabilities for robot core components and complete machine systems such as robot controllers, precision reducers, and servo systems.
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.
Vastai Technologies specializes in the development of semiconductor chips tailored for computer vision, video processing, and various artificial intelligence applications. The company's innovative products are designed to enhance computing power for AI visual tasks, allowing manufacturers of computer devices to integrate advanced chip technology into their offerings. By focusing on the optimization of AI capabilities, Vastai Technologies aims to support the growing demand for efficient and powerful processing solutions in the tech industry.
T11 Food Market operates a retail supermarket that focuses on providing fresh groceries through both an online platform and physical stores. The company utilizes smart retail technology to enhance its supply chain operations, ensuring that customers receive high-quality, fresh products. This approach not only emphasizes food safety but also promotes efficiency in the shopping experience, catering to the needs of consumers seeking reliable grocery options.
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, founded in 2013 and based in Shanghai, is a lifestyle sharing platform that facilitates the exchange of experiences through text, images, and videos. Initially created to assist overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle topics, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform allows users to post their favorite products, share shopping experiences, and discover global merchandise, particularly in the luxury and fashion sectors. It serves as both a social network and a social e-commerce platform, enabling users to review and purchase products from abroad.
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 is a biomedical technology company focused on developing and producing diagnostic products for tumor screening, particularly in the realm of colorectal cancer. The company specializes in fecal DNA detection technology, providing non-invasive screening kits that allow medical practitioners to accurately identify genetic abnormalities in fecal samples. These diagnostic tools are designed to aid in the early detection of intestinal cancer lesions, thereby supporting healthcare professionals and researchers in their efforts to improve cancer treatment outcomes. Through its innovative approach, Creative Biosciences aims to enhance cancer screening processes and contribute to better patient care.
Glenfly is a provider of GPU graphics and image solutions, specializing in integrated software and hardware for graphics processing units and AMOLED display technologies. The company focuses on delivering high-performance independent display chips and GPU design services for various display products, including smartphones, tablets, smartwatches, laptops, and desktop monitors. Glenfly aims to enhance user experiences through its advanced display technologies and innovative solutions in the graphics processing sector.
Matridx is a company based in Hangzhou, China, specializing in the development, production, and sales of molecular diagnostic products aimed at infectious diseases. The company offers PDC-Seq, a technology that enables high-throughput sequencing of nucleic acids from samples collected from infected patients. Matridx utilizes advanced molecular technologies, including gene editing techniques and high-throughput sequencing, to create reliable genetic testing solutions. The company's focus is on simplifying, accelerating, and enhancing the diagnostic process for infectious pathogens, ultimately supporting major medical companies in their diagnostic efforts.
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.ai focuses on creating autonomous driving solutions that enhance safety and reliability in transportation. The company offers products like Driver 3.0, which enables point-to-point navigation without high-definition maps, and has accumulated over 15 million kilometers of road testing with zero accidents.
Banma Network Technologies is a global platform focused on providing innovative solutions for the automotive and transportation sectors. The company specializes in developing smart car operating systems and digital transportation services, aiming to enhance the connectivity between vehicles and cloud technology. By opening its AliOS in-car operating system to developers and car manufacturers, Banma seeks to facilitate the integration of connected car features, ultimately improving the overall user experience in smart mobility. Through its efforts, Banma Network is positioned to play a significant role in transforming the future of transportation.
GoGoX, established in 2013, is a pioneering app-based platform for intra-city logistics in Asia, focused on providing efficient delivery services through innovative technology. The company connects individuals and businesses with thousands of drivers for real-time delivery needs, enhancing the everyday delivery experience. Originally launched in Hong Kong, GoGoX has expanded its operations to Singapore, South Korea, Mainland China, Taiwan, and India, with plans for further global growth. The company operates under two main brands: Kuaigou Dache in Mainland China and GoGoX in other Asian regions. Following a merger with 58 Suyun in 2017, GoGoX significantly increased its footprint in the logistics market, now serving over 300 cities and boasting a network of more than 8 million registered drivers. The platform offers features like instant matching and real-time tracking, facilitating a seamless connection between cargo van drivers and users, thus providing a convenient delivery experience while creating business opportunities for drivers.
Sichuan Yunling Zhicheng Information Technology
Corporate Round in 2021
Sichuan Yunling Zhicheng Information Technology is an artificial intelligence public data platform.
Leyan Technologies is an artificial intelligence company based in Shanghai, China, founded in April 2016. It specializes in developing digital solutions for the robotics industry, focusing on an AI technology platform that enhances human-computer interaction. The company offers intelligent customer service robots and applies its AI technologies across various sectors, including e-commerce, financial consulting, and medical consultation. Leyan Technologies aims to improve customer experiences and streamline service delivery through its innovative solutions.
Zuoyebang is an online education startup based in Beijing, China, founded in 2014 by Hou Jianbin. The company focuses on providing educational products and services for primary and high school students, utilizing artificial intelligence to enhance learning experiences. Its platform allows students to upload homework questions and seek answers, making it easier for them to tackle study-related challenges. In addition to homework assistance, Zuoyebang offers online courses, live lessons, and evaluations for students from kindergarten through 12th grade. The company has gained significant backing from prominent investors, including Baidu, Alibaba Group, Tiger Global Management, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners.
Nice Tuan is an e-commerce platform that specializes in providing fresh produce, beverages, leisure food, and daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. This approach allows Nice Tuan to offer a wide range of daily groceries and household items to residents, aiming to create an efficient and convenient shopping experience. By emphasizing local sourcing and community engagement, Nice Tuan seeks to establish a robust e-commerce ecosystem tailored to the needs of its customers.
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 is an online platform established in 2008 that connects buyers and sellers of personal luxury goods. It unites various independent fashion boutiques and offers a diverse range of products, including bags, dresses, shoes, and accessories. The company partners with over 1,000 luxury goods sellers to provide their inventory to nearly one million active customers, charging a commission for each sale. Farfetch operates a modular technology platform designed to enhance the luxury fashion ecosystem, utilizing a proprietary technology stack to support its applications, services, and data. In addition to its digital marketplace, Farfetch also includes Browns stores and the New Guard Group, and it offers solutions that facilitate the e-commerce operations of luxury brands. The company's focus on connecting luxury brands closely with the fashion industry underlines its commitment to the sector.
Farfetch is an online platform established in 2008 that connects buyers and sellers of personal luxury goods. It unites various independent fashion boutiques and offers a diverse range of products, including bags, dresses, shoes, and accessories. The company partners with over 1,000 luxury goods sellers to provide their inventory to nearly one million active customers, charging a commission for each sale. Farfetch operates a modular technology platform designed to enhance the luxury fashion ecosystem, utilizing a proprietary technology stack to support its applications, services, and data. In addition to its digital marketplace, Farfetch also includes Browns stores and the New Guard Group, and it offers solutions that facilitate the e-commerce operations of luxury brands. The company's focus on connecting luxury brands closely with the fashion industry underlines its commitment to the sector.
Sun Art Retail Group is a retail company with hypermarket and fast-growing e-commerce businesses. Sun Art Retail operates its hypermarket business under two recognized banners – “Auchan” and “RT-Mart”. As of December 2019, Sun Art Retail had a total of 486 outlets in China with a total gross floor area (“GFA”) of approximately 13 million square meters, covering 232 cities across 29 provinces, autonomous regions, and municipalities. The priorities of Sun Art Retail Group is to restructure hypermarket complexes, to explore multi-formats and omni-channels, and to become a leader in digital transformation for physical stores and a benchmarking enterprise for New Retail.
STO Express is a prominent player in China's express delivery sector, recognized as one of the "Tongdas," a group of the country's leading express delivery companies. Founded in 1993, the company specializes in a network partner model, which allows it to provide line-haul transportation, sorting, and waybill services to its partners, while local partners handle first-mile pickup and last-mile delivery. This structure enhances efficiency and service quality across its operations. In addition to traditional express delivery, STO Express has expanded into the e-commerce sector, continuously refining its three-dimensional operational system that encompasses terminal networks, transit transportation, and information networks. The company's commitment to service excellence and rigorous quality management has been instrumental in driving growth within the express delivery industry in China. The leadership of the company is held by Chen Dejun, who oversees its strategic direction, supported by Cainiao Smart Logistics Network as a key shareholder.
Shanghai YTO Express (Logistics) Co., Ltd. is a prominent private express delivery company in China, dedicated to enhancing the country's express service standards. Established in 2020 by Yu Huijiao, who serves as chair and president, the company operates within the Tongda network model, which involves collaboration with local partners for first-mile and last-mile delivery services. YTO Express plays a significant role in the logistics sector and is recognized as a Vice-president Unit of both the China Express Association and the Shanghai Express Trade Association. The company's mission is to become an iconic symbol of express delivery in China, striving to be the preferred choice for customers nationwide.
Xiaoman Technology, established in 2013 and based in Shenzhen, China, specializes in providing foreign trade solutions that leverage big data and artificial intelligence. The company develops SaaS-based business management services that encompass customer relationship management, marketing, sales management, and other core business functions. Its offerings are designed to be flexible and compatible, catering to the standardization needs of small and micro enterprises while also addressing the customization requirements of larger organizations. By focusing on comprehensive customer-oriented research and development, as well as effective sales, marketing, and service strategies, Xiaoman Technology aims to enhance customer service, improve sales productivity, and help businesses expand their international operations.
Xiaoman Technology, established in 2013 and based in Shenzhen, China, specializes in providing foreign trade solutions that leverage big data and artificial intelligence. The company develops SaaS-based business management services that encompass customer relationship management, marketing, sales management, and other core business functions. Its offerings are designed to be flexible and compatible, catering to the standardization needs of small and micro enterprises while also addressing the customization requirements of larger organizations. By focusing on comprehensive customer-oriented research and development, as well as effective sales, marketing, and service strategies, Xiaoman Technology aims to enhance customer service, improve sales productivity, and help businesses expand their international operations.
Beijing Helijia Information Technology Co., Ltd. is a Chinese company that specializes in beauty, hair, and nail services, operating through a mobile application for convenient customer bookings. Founded in 2014 and based in Beijing, Helijia offers a diverse range of services, including hairdressing, eyelashes, hand and foot care, make-up styling, and body shaping. The platform also features on-demand manicure services, allowing users to select manicurists or combinations based on their location. By eliminating the overhead costs associated with physical stores, Helijia provides competitive pricing. The company employs a merit-based rating system for its service providers, encouraging high-quality performance and customer satisfaction. Additionally, Helijia offers various skincare products, including a range of hyaluronic acid items aimed at moisturizing and anti-aging benefits.
Zhejiang Xinyi Supply Chain Management is a third party e-commerce warehouse and logistics service. Xinyi has a total of88 RDC (Regional Distribution) centers, with warehouse distribution network covering more than350 cities; 388 global supply chain networks with more than2 million square meters of storage area under management, daily peak order processing capacityWith 40 million pieces, Xinyi Technology leverages the hundreds of billions of consumer market every day, and has become an industry leader in the field of intelligent warehouse distribution in the era of big data.
Xpeng Motors is an electric vehicle and technology company based in China that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and consumer experience, integrating autonomous driving capabilities and internet-based technologies into its vehicles. This holistic approach aims to enhance the functionality and appeal of its cars. Additionally, Xpeng Motors has an affiliate, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem. Together, these efforts position Xpeng Motors as a significant player in the evolving landscape of smart transportation.
E-House is a real estate services company in China offering a comprehensive online-to-offline (O2O) service platform. It offers primary sales agency services, online real estate services, real estate information and consulting services, real estate advertising services, real estate promotional event services, secondary real estate brokerage services, and real estate investment fund management services. E-House has served more than 80% of domestic real estate developers, including Vanke, Evergrande, Wanda, Longfor, Poly Real Estate, and many other real estate industry giants, and worked on more than 200,000 real estate projects. E-House was founded in 2004 and was first listed on the New York Stock Exchange in August 2007.
E-House is a real estate services company in China offering a comprehensive online-to-offline (O2O) service platform. It offers primary sales agency services, online real estate services, real estate information and consulting services, real estate advertising services, real estate promotional event services, secondary real estate brokerage services, and real estate investment fund management services. E-House has served more than 80% of domestic real estate developers, including Vanke, Evergrande, Wanda, Longfor, Poly Real Estate, and many other real estate industry giants, and worked on more than 200,000 real estate projects. E-House was founded in 2004 and was first listed on the New York Stock Exchange in August 2007.
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.
Keruyun Inc. is a leading provider of cloud-based software as a service (SaaS) solutions tailored for the food and beverage industry, focusing on reservations, queuing, take-outs, ordering, cashier systems, membership cards, coupons, and supply chain services. Founded in 2012 and headquartered in Beijing, China, Keruyun integrates advanced software and hardware to enhance management efficiency for merchants in catering and retail sectors. The company has expanded significantly, establishing 34 branches across major cities and employing over 2,000 staff. With a strong commitment to innovation, Keruyun has developed a suite of products that includes solutions like OnPOS mini and Wallet Payment, and it aims to streamline operations for more than 40,000 clients nationwide. As a subsidiary of Alibaba Local Services Company, Keruyun continues to drive growth and transformation within the service industry through intelligent management systems.
Nice Tuan is an e-commerce platform that specializes in providing fresh produce, beverages, leisure food, and daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. This approach allows Nice Tuan to offer a wide range of daily groceries and household items to residents, aiming to create an efficient and convenient shopping experience. By emphasizing local sourcing and community engagement, Nice Tuan seeks to establish a robust e-commerce ecosystem tailored to the needs of its customers.
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!
Cainiao Logistics provides logistics services to Alibaba Group. It operates warehouses and express delivery stations. Cainiao Logistics also operates a logistics information platform which provides real-time access to information for both buyers and sellers. Shen Guojun founded China Smart Logistics Network on May 28, 2013 that later became Cainiao Logistics, with its headquarters in Shenzhen in China.
3vjia.com specializes in transforming the home improvement industry through a centralized platform focused on 3D interior design. The company offers a comprehensive suite of services that integrates design, marketing, management, and manufacturing processes. Its advanced 3D design platform enables interior designers and companies to access a robust library of materials, utilize smart design software, and leverage virtual reality modeling. By facilitating seamless material order processing, production supervision, and order delivery, 3vjia.com aims to enhance transparency and efficiency within the home improvement sector, driving technological innovation and industry transformation.
NetEase Cloud Music operates an online music platform and offers streaming services. It also develops music applications for smartphones. William Lei Ding founded NetEase Cloud in 2013, with its headquarters in Beijing in China. NetEase Cloud Music operates as a subsidiary of NetEase.
Kaola is a cross-border e-commerce shopping platform that provides a diverse selection of consumer products, featuring over 9,000 brands from 80 countries. The platform specializes in categories such as apparel, maternity and infant care, household appliances, and personal care items. To ensure product quality and competitive pricing, Kaola maintains direct supply channels and engages in bulk purchasing. The company emphasizes customer satisfaction with a robust after-sales service, offering a 30-day worry-free return policy. It also facilitates efficient order fulfillment through partnerships with customs and bonded areas, enabling delivery within 3 to 15 business days. Kaola supports various payment methods, including online banking and credit cards, simplifying the transaction process for its customers.
KnowBox, established in 2014, is focused on the K12 education sector, providing two mobile apps designed to enhance homework management for both students and teachers. The apps deliver personalized exercises that cater to individual learning needs, helping students maximize their homework effectiveness. For teachers, the platform alleviates repetitive tasks, allowing them to dedicate more time to address each student's specific challenges. With nearly one million daily active users, KnowBox is committed to further developing its services, including plans to create its own comprehensive homework database to better support educational outcomes.
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.
Alibaba Health Information Technology Limited, an investment holding company, provides product tracking, recalling, and enforcing information services in the People's Republic of China. It offers product tracking and logistics information services to manufacturers; and product information and authentication services to consumers, as well as product identification, authentication, and tracking systems (PIATS) principally for the drug industry. The companys PIATS is also used for food and beverage, cosmetics, and agricultural resources products. It also operates cloud hospital platform to connect doctors, patients, pharmacies, and third-party medical service providers; and online and offline pharmacy platform to connect consumers with offline retail pharmacies by allowing parties to exchange relevant information online. The company was formerly known as CITIC 21CN Company Limited and changed its name to Alibaba Health Information Technology Limited in September 2014. Alibaba Health Information Technology Limited is based in Causeway Bay, Hong Kong.
Red Star Macalline is a prominent furniture retailer in China, specializing in home improvement and furnishings. The company operates a portfolio of shopping malls, which serve as its primary revenue source by leasing space to tenants and offering management support. Additionally, it provides management services for shopping malls developed in collaboration with partners and construction contractors. The company also engages in building installation and decoration services within these malls. Furthermore, Red Star Macalline is involved in the retail sales of home furnishings and related merchandise, catering to a diverse range of customer needs within the home decor market.
Megvii, founded in 2011, is an artificial intelligence company that specializes in intelligent solutions and data services for enterprises and developers. The company is focused on its mission to create machines capable of seeing and thinking, leveraging its deep learning system, Brain++. Megvii aims to build a comprehensive AI engine that serves as the foundational technology for various applications. It connects standardized hardware, such as sensors and personal devices, with artificial intelligence and the Internet of Things (AIoT), commercializing three main application areas: Consumer IoT, City IoT, and Supply Chain IoT. By integrating hardware and software solutions, Megvii enables clients to efficiently establish AI infrastructure tailored to their needs, positioning itself as an expert in AIoT solutions.
Bizvane Co., Ltd is a Shanghai-based data technology company that specializes in software-as-a-service solutions for chain retail enterprises, aiming to enhance operational efficiency and business performance. The company develops a retailer-oriented Customer Relationship Management (CRM) platform that integrates market, sales, and customer data into a unified system. This integration allows for real-time data analysis, enabling businesses to personalize customer engagement and improve their marketing capabilities. Bizvane's product offerings include the sales assist tool Ishop and the mobile retail data analysis tool Usee, which collectively support retailers in driving growth and optimizing their operations.
Qutoutiao Inc. is the No. 2 mobile content aggregator in China in terms of monthly average users (MAUs) and daily average users (DAUs). Their flagship mobile application, launched in June 2016, Qutoutiao, meaning “fun headlines” in Chinese, aggregates articles and short videos and presents customized feeds to users. These feeds are optimized in real time based on each user’s profile, behavior and social relationships through their proprietary AI-empowered content recommendation engine. They represent a new generation of technology-driven content platforms and their technology brings relevant information and entertainment to users, stimulates users’ desire to read, and ultimately improves the knowledge exchange in society. Their innovative user account system and gamified user loyalty program allows registered users to earn loyalty points by referring new users to register on Qutoutiao, by consuming content or by engaging on Qutoutiao. The gamified loyalty point system not only helps them keep users more engaged and enhance user stickiness, but also enables them to track users’ long-term behavior and optimize content recommendation.
T3 Mobile Travel Services is a provider of car-sharing and travel solutions that emphasizes renewable energy and innovative technology. The company operates an online car-hailing platform designed for both individual and corporate clients. T3's services include autonomous driving capabilities and a self-operated system that integrates a connected car security framework, AI facial recognition, and high-precision mapping. This technology enables users to experience professional, efficient, and safe ride-hailing services. T3 aims to create a "smart mobility ecosystem," leveraging data from technology partners and manufacturing expertise from automotive firms to enhance its offerings in the travel services market.
Teambition is a prominent collaboration platform in China that enhances team collaboration by streamlining the sharing and communication of tasks, files, posts, and meetings. The platform offers a web application, desktop applications, and mobile apps, allowing users to collaborate with their teams from anywhere at any time. Teambition's iPhone app was recognized as one of the best apps of 2015 by the Apple Store. The platform has garnered over 3 million users, including major companies across various industries. Teambition has successfully raised funding from several venture capital firms and received strategic investment from Tencent in 2016. In 2014, it was recognized as one of the top 50 investment value enterprises in China. The platform serves as an all-in-one solution for task management and collaboration, integrating tasks, meetings, files, notes, and team chat into a single accessible interface, thus improving work efficiency for its users.
Infinity Augmented Reality Ltd. is a software company specializing in the development of an augmented reality platform that enhances user interaction with digital content in real-world environments. Founded in 2006 and headquartered in Ramat Gan, Israel, with an additional office in Shanghai, China, the company offers a software platform that enables users to experience fully interactive three-dimensional augmented reality through natural hand gestures. Its technology maps the surrounding environment, allowing for the seamless integration of virtual elements with physical spaces. Infinity Augmented Reality also provides three software development kits that serve as foundational tools for augmented reality developers and manufacturers of wearable devices. This innovative approach aims to create a new digital landscape where users can engage with augmented content naturally and intuitively.
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 is a prominent player in China's express delivery sector, recognized as one of the "Tongdas," a group of the country's leading express delivery companies. Founded in 1993, the company specializes in a network partner model, which allows it to provide line-haul transportation, sorting, and waybill services to its partners, while local partners handle first-mile pickup and last-mile delivery. This structure enhances efficiency and service quality across its operations. In addition to traditional express delivery, STO Express has expanded into the e-commerce sector, continuously refining its three-dimensional operational system that encompasses terminal networks, transit transportation, and information networks. The company's commitment to service excellence and rigorous quality management has been instrumental in driving growth within the express delivery industry in China. The leadership of the company is held by Chen Dejun, who oversees its strategic direction, supported by Cainiao Smart Logistics Network as a key shareholder.
Bilibili Inc. is an online entertainment platform based in Shanghai, China, that caters primarily to the youth demographic. Founded in 2009, it originally focused on anime, comics, and gaming (ACG) content, but has since diversified to include a wide range of genres and media formats, such as videos, live broadcasting, and mobile games. The platform is designed to foster strong emotional connections among users, providing an immersive entertainment experience. Bilibili generates revenue through various channels, including advertising, gaming, live streaming, value-added services, and e-commerce. The company has also formed a strategic collaboration with Tencent Holdings to enhance its offerings in anime and gaming within the Chinese market.
1KM
Series B in 2019
1KM is a Shanghai-based self-service car wash solution provider.
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.
ZStack is a provider of cloud computing services focused on making cloud technology more accessible for enterprises across various industries, including government, finance, education, and manufacturing. The company offers a range of solutions, including private and hybrid cloud systems, mini hyper-converged machines, and a cloud management platform. Additionally, ZStack provides enterprise-class distributed storage and other cloud-related products, enabling businesses to manage their data center resources—covering computing, networking, and storage—under a unified framework. With a client base of over 2,500 enterprise users, ZStack has also formed partnerships with more than 250 cloud vendors to enhance its ecosystem and channel offerings.
ShenGong007 is a platform that specializes in interior decoration services, offering a range of home improvement products and services to consumers. The company facilitates access to home repair, renovation, and furnishing services provided by trained professionals. By streamlining the process of making home improvements, ShenGong007 enables consumers to conveniently enhance their living spaces.
Shengong Zhongzhi Science & Technology Company
Series C in 2018
Shengong Zhongzhi Science & Technology Company is home furnishing service provider
C-Store offers a range of food products, including mapo tofu fish chop rice, spicy crawfish noodles, curry crayfish rice, black lips dirty squid ink udon, red lips flaming lobster flavored udon, korean cold noodle soup, korean chicken rice, hot and sour shredded chicken cold noodles, and more.
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.
Haima Qingfan is a content creation service covering novel IP, film and television scripts, short video scripts, etc. They promote the industrialization of film and television. The team uses machine learning to predict the quality of novels and scripts and screen them. They use AI data combined with the creation method of senior film and television industry content experts with content creation experience to carry out IP development and script creation.
JMGO, based in Shenzhen, China, focuses on the research and development of smart projectors and laser televisions. The company aims to enhance the quality of life by offering innovative products that allow users to enjoy large-screen viewing experiences at home. JMGO's range of portable projectors utilizes advanced optical projection technology, enabling families to watch videos and movies together without the need to leave their homes. As JMGO continues to expand into international markets, it remains committed to delivering cutting-edge projection technology to its customers.
WayRay SA is a company that specializes in the development of holographic navigation systems and augmented reality (AR) technologies aimed at enhancing the connected car experience. Founded in 2012 and headquartered in Lausanne, Switzerland, with additional offices in Moscow, San Francisco, and China, WayRay offers innovative products such as Navion, an AR car navigation system that integrates aeronautical principles for land navigation, and ELEMENT, a holographic navigator that leverages AR technology to provide real-time information on the road. By applying aerospace technology to automotive navigation, WayRay aims to improve driving safety and convenience, enabling drivers to access critical data through a heads-up display without diverting their attention from the road. The company is committed to advancing the integration of AR in the automotive industry and beyond.
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.
Huishoubao is a Shenzhen-based start-up specializing in mobile phone recycling. The company operates a platform that facilitates the refurbishment of used mobile phones, allowing customers to recycle their devices and trade them for a specified value. Huishoubao's team possesses extensive expertise in the mobile phone industry, drawing from backgrounds in the internet, supply chain management, and telecommunications. This diverse experience enables them to effectively navigate the retail channels and recycling processes within the sector. The company's approach emphasizes a commitment to sustainability by refurbishing used devices and salvaging parts from inferior models, which are then sold to second-hand mobile phone dealers.
Tungee, established in 2016, is a provider of intelligent sales solutions for business-to-business enterprises. By utilizing big data and artificial intelligence technologies, including natural language processing and machine learning, Tungee offers a comprehensive platform that facilitates lead mining, business opportunity engagement, customer relationship management, and order analysis. This platform is designed to help enterprises efficiently identify, contact, and manage customers, thereby reducing customer acquisition costs and enhancing overall sales performance. Tungee has positioned itself as a leader in the Chinese intelligent sales sector, serving over 3,000 enterprise clients, including notable companies such as Alibaba and China Mobile. Through its innovative approach, Tungee addresses the challenges faced by businesses in sales forecasting and customer management.
Bus365 China Highway Ticket Network is a smart travel comprehensive service platform built and operated by Beijing Shengwei Times Technology Co., Ltd. Based on the road passenger service industry, Bus365 covers 16 provinces, autonomous regions and municipalities directly under the Central Government. It is based on the road passenger transportation network ticketing platform and further connects public transportation resources such as railways and civil aviation to provide passengers with various modes of transportation such as roads, railways and airplanes. The seamless connection service makes traveler's travel more intelligent, convenient, diversified and personalized.
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.
Megvii, founded in 2011, is an artificial intelligence company that specializes in intelligent solutions and data services for enterprises and developers. The company is focused on its mission to create machines capable of seeing and thinking, leveraging its deep learning system, Brain++. Megvii aims to build a comprehensive AI engine that serves as the foundational technology for various applications. It connects standardized hardware, such as sensors and personal devices, with artificial intelligence and the Internet of Things (AIoT), commercializing three main application areas: Consumer IoT, City IoT, and Supply Chain IoT. By integrating hardware and software solutions, Megvii enables clients to efficiently establish AI infrastructure tailored to their needs, positioning itself as an expert in AIoT solutions.
Focus Media Holding Limited is a digital media company based in Hong Kong that specializes in out-of-home advertising across various platforms in China. The firm operates a vast network of audiovisual digital displays, including LCD screens in high-traffic locations such as malls, hotels, and residential buildings. It offers advertising services through multiple channels, including traditional and digital poster frames, cinema screens, and outdoor LED displays. As of December 31, 2012, the company managed over 172,000 digital displays and numerous traditional poster frames across approximately 112 cities in China. Focus Media's diverse media networks target specific audience segments, utilizing innovative business models to enhance visibility and engagement in advertising. The company was taken private in May 2013.
Suning.com is a prominent online shopping platform in China, offering a diverse range of products that include clothing, snacks, electronics, and appliances. The company integrates various retail services, such as smart retail, omni-channel operations, and logistics, to provide comprehensive shopping solutions through physical stores, mobile devices, PCs, and TVs. In addition to its retail operations, Suning has expanded into media and entertainment, establishing a leading online-to-offline service platform that connects content creation with consumer engagement. The company also has a sports division that manages multiple football clubs and operates a sports media platform with exclusive rights to major European football leagues. Founded in 1990, Suning Holdings Group has become one of China's leading commercial enterprises, continually enhancing its business portfolio across various sectors, including logistics, financial services, technology, real estate, and investment.
SHENJOY engages in integrated animation content creation, production, and operation. Their business is the incubation of original animation IP and the creation and production of cross-border commercial animation projects. Their business includes short videos, comic animation, and derivative product design.
Haoshiqi offers an e-commerce platform for branded food specials, providing buyers with preferential prices and safe and healthy food while also helping merchants reduce inventory risks.
CMC Inc. is a Chinese state-backed media and entertainment conglomerate known for multi-genre content, including film, drama, financial media, music, sports, etc.
Babytree Group is a prominent parenting website in China, catering to the growing community of young and expecting parents. Founded in 2007 and headquartered in Beijing, it provides an online platform where parents can share experiences and access valuable advice on pregnancy and parenting. Babytree operates primarily through two main platforms: Babytree Parenting, which facilitates communication among parents, and WeTime, which focuses on child development, offering educational content and tools. Additionally, Babytree runs Meitun Mama, an e-commerce platform for maternity and child products. By addressing the diverse needs of young families in China, Babytree aims to support parents in learning, sharing, recording, and shopping within the expansive maternity and baby industry.
Xiaohongshu, founded in 2013 and based in Shanghai, is a lifestyle sharing platform that facilitates the exchange of experiences through text, images, and videos. Initially created to assist overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle topics, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform allows users to post their favorite products, share shopping experiences, and discover global merchandise, particularly in the luxury and fashion sectors. It serves as both a social network and a social e-commerce platform, enabling users to review and purchase products from abroad.
AUTHINE specializes in low-code products that cater to the digital transformation needs of enterprises of various sizes. The company has developed a range of online management tools and cloud application services, including platforms such as "Jinyun," "Yunshu," and "H3 BPM." These products offer integrated management solutions designed to enhance management capabilities and streamline processes. By leveraging its extensive experience in digital solutions and continuous innovation, AUTHINE aims to create a comprehensive product matrix that helps businesses build agile digital systems. The company's focus is on optimizing business scenarios, fostering innovative business models, and facilitating faster digitalization and intelligence, ultimately enabling organizations to achieve data-driven innovation.
Authine Network
Series A in 2018
Authine Network is a management information cloud platform operator. Based on the process and application development platform of public and private cloud, it builds the industrial ecology of developers, service providers, ISVs, etc., and provides enterprises, institutions and organizations or organizations. One-stop management information system and program. Its products include H3BPM enterprise private cloud platform and Jinyun enterprise public cloud platform.
ZTO Express is a leading express delivery company in China, founded in 2002 and headquartered in Shanghai. It provides a comprehensive range of logistics services, focusing on express delivery for both e-commerce and traditional merchants. With a parcel volume market share of 22.1% in 2022, ZTO operates an extensive nationwide network that covers over 96% of Chinese cities and counties. The company utilizes a network partner model, where it handles line-haul transportation and sorting, while local partners manage first-mile pickup and last-mile delivery services. ZTO has established strong ties with major e-commerce platforms, including Alibaba and JD.com, positioning itself as a key player in China's rapidly growing online retail sector. Committed to delivering fast, safe, and cost-effective services, ZTO has received numerous accolades for its performance and customer satisfaction. The company is guided by core values emphasizing shared success, trust, and innovation, while striving to enhance the well-being of its employees and create value for its clients.
The ORDRE Group, founded in 2014, focuses on transforming the luxury fashion industry through innovative technologies. The company operates two main divisions: ORB360 and Authentique. ORB360 provides proprietary 360° view images and videos tailored for the fashion sector, enhancing the presentation of collections such as ready-to-wear, accessories, and footwear. Authentique specializes in product authentication using vision AI and ownership technology, allowing the creation of digital product passports. This division is also Web3-based, incorporating blockchain and NFT technology to facilitate secure ownership and enhance consumer trust. By bridging the gap between luxury brands, retailers, and consumers, The ORDRE Group empowers emerging designers to gain global visibility while addressing logistical and cost-related challenges in the market.
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.
Meiwei Buyongdeng is a professional smart food service providers. Through B-side SaaS services and C-side products, solve the restaurant's efficiency, management, marketing, cost and customer dining experience and other issues. In 2017, Meiwei Buyongdeng provides integrated solutions for smart food and beverage services for nearly 100,000 restaurants. At the same time, it provided a high-quality catering service experience for nearly 1 billion consumers. At present, yummy has already connected the restaurant service with consumers through the nationwide sales service network. Based on 2017, the 2018 delicious delicacy will start from the aspects of compacting product base and optimizing service experience and build a new ecology of smart food and beverage with partners.
Souche, a leading automotive new retail platform in China, is founded by Mr. Yao Junhong, the former CAR Inc. founding team member and vice president, in December, 2012. By August 2018, Souche raised over $1.2 billion from investment or ganizations, including Alibaba group, Ant Financial Services Group, Morningside Venture Capital, Warburg Pincus, Primavera Capital Group, etc. Souche joined '2017 New Global Unicorns Ranking' by Silicon Valley global research organization PitchBook. Souche thrives to become the big intelligent brain of automotive industry. Souche has gradually constructed integrated automotive new retail ecosystem through years of development. Souche is regarded as 'the Alibaba of Chinese automotive industry'. Today, Souche and its relative corporations dedicate in numerous businesses, which include automotive financial leasing platform Tangeche, B2B industrial chain service platform Chehang168, Used-car online trade platform Cheyipai, Car sharing customized platform TIHD, SaaS products for used-car automotive dealers Dafengche and new-car sub-channels automotive dealership network Maicheguanjia, automotive dealership group ERP system provider Breakthrough, Kingdee and automotive supply chain warehouse logistics integrated service provider Iyunche, etc.
Hangzhou C-SKY Microsystems Co., Ltd. (“C-SKY Microsystems”) is an integrated circuit design house dedicated to 32-bit high performance low-power embedded CPU and chip architecture license as its core business. Founded in 2001, C-SKY Microsystems is headquartered at Hangzhou National High-Tech Industrial Development Zone with a branch office located in Pudong New Area, Shanghai. Over more than 10 years, C-SKY Microsystems has been developing innovative embedded CPUs with leading technologies. Its proprietary 32-bit C-SKY series of embedded CPU cores have such benefits as ultra-low power, high performance, high code density and ease of use.
Huitongda (汇通达) is a Chinese logistics service company providing home appliance supply chain services for the township market. The company is mainly focused on household appliance categories such as air-conditioning, color TV, refrigerator, washing machine, kitchen, and others. Huitongda’s business strategy combines online and offline sales, and it pays special attention to the market of township household appliances. The company has branches that cover the Jiangsu province and some areas of Shandong and Anhui, and has trained more than 3000 retail outlets in China’s township. Headquartered in Nanjing, Huitongda was established in January 2008.
Video++ provides video-streaming services for users within and outside China. It began operation in April 2014, with its headquarters in Shanghai in China.
SenseTime is an artificial intelligence company based in Beijing, China, founded in 2014, that specializes in computer vision and deep learning technologies. The company develops a diverse range of AI solutions, including face and body analysis, image recognition, video processing, and autonomous driving technologies. SenseTime's offerings are designed to serve various sectors such as smart cities, healthcare, education, automotive, and entertainment. The company emphasizes innovation and research, leveraging its proprietary AI infrastructure, SenseCore, to create scalable and efficient software platforms. With a commitment to ethical AI practices, SenseTime has participated in the development of numerous national and international standards related to data security and sustainable AI. It maintains a presence in multiple countries, including offices in Hong Kong, Japan, Singapore, and several major cities across China.
Ofo is a “station-free” bike-sharing platform operated via an online mobile application. It is committed to providing the best short distance transportation solution, solving the “last mile” transportation problem by turning the last mile into a green, low-emission trip. To date, ofo has connected more than 10 million bikes to over 200 million users in more than 20 countries: Australia, Austria, China, Czech Republic, France, Germany, Hungary, India, Israel, Italy, Japan, Kazakhstan, Malaysia, Portugal, Russia, Singapore, Spain, Thailand, the Netherlands, the UK, and the US. The platform generates more than 32 million daily transactions and has provided global users in 250+ cities with over 6 billion efficient, convenient, green rides. The ofo platform is easy to use. After downloading the ofo mobile phone app (iOS/Android), users may scan the QR code or enter the plate number displayed on each bike to receive a passcode and unlock it. Its bike-sharing system requires no docking stations, providing significant flexibility for users to find and return bikes anywhere, anytime. Once they reach their destination, the user may park the bike anywhere that is legitimate, convenient, and easy for the next user to access. But ofo does more than help commuters and travelers access bikes for getting around their cities. As a partner of the UN Development Programme, they are focused on achieving Global Sustainability Goals and promoting green and healthy living, and they have also launched a partnership with Rihanna's Clara Lionel Foundation to provide bikes and scholarships for schoolgirls in Malawi.
Tingjiandan is a provider of smart parking solutions aimed at modernizing the parking industry. The company has developed an online-to-offline (O2O) parking platform that offers intelligent services for both parking owners and drivers. This platform allows users to book parking spaces in advance and access on-site maintenance services, enhancing the overall parking experience. By integrating technology into parking management, Tingjiandan seeks to streamline operations and improve accessibility for users.
Easyhome is a prominent home improvement and furniture retail chain in China, operating 223 stores across 29 provinces, making it the second largest in its sector. The company is involved in various aspects of retail, including the development of commercial properties, shopping mall decoration, and an e-commerce platform. In addition to its home furnishing stores, Easyhome manages department stores, shopping malls, discount supermarkets, and hypermarkets. The firm also engages in shop leasing and project development, contributing to its diverse business portfolio. Through its extensive network and operations, Easyhome aims to meet the growing demand for home improvement products and services in the Chinese market.
ELEME operates as an online ordering platform. It provides a variety of gourmet food takeaway services. Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff, and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently. Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.
Easyhome is a prominent home improvement and furniture retail chain in China, operating 223 stores across 29 provinces, making it the second largest in its sector. The company is involved in various aspects of retail, including the development of commercial properties, shopping mall decoration, and an e-commerce platform. In addition to its home furnishing stores, Easyhome manages department stores, shopping malls, discount supermarkets, and hypermarkets. The firm also engages in shop leasing and project development, contributing to its diverse business portfolio. Through its extensive network and operations, Easyhome aims to meet the growing demand for home improvement products and services in the Chinese market.
Shiji Group is a multinational technology company that specializes in providing software solutions and services primarily for the hospitality, food service, retail, and entertainment sectors. Established in 1998, the company has grown to employ over 5,000 staff across more than 80 subsidiaries and brands in over 23 countries. Shiji serves a vast client base, including over 91,000 hotels, 200,000 restaurants, and 600,000 retail outlets. The company offers a comprehensive range of solutions, including hotel management systems, food and beverage management, retail systems, payment gateways, and data management tools. Additionally, Shiji develops cloud technology platforms that enhance data exchange and facilitate cross-industry integration, connecting various levels of the supply chain. Their aim is to enable clients to transition to fully integrated systems, allowing them to concentrate on their core business of serving customers while ensuring secure and efficient communication across platforms.
Dalian Wanda Group, founded in 1988, is a prominent Chinese conglomerate headquartered in Beijing, operating across four key sectors: commercial property, luxury hotels, culture and tourism, and department stores. The company has a diverse portfolio that includes Wanda Cinemas, which focuses on the investment, construction, operation, and management of cinemas, as well as film distribution and related services. With assets valued at 380 billion yuan and annual revenues of 186.6 billion yuan, Wanda Group has established itself as a significant player in both the domestic and international markets. Its activities also encompass commercial management and investment services, alongside various cultural, film, sports, and children's entertainment franchises.
Ganjie
Series A in 2018
Ganjie.com is a Hangzhou-based rural e-commerce platform, which is committed to popularizing and promoting e-commerce service in Chinese rural areas.
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