Alibaba Group

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

Jianhang Jin

Co-Founder and President

Jet Jing

Vice President

Tony Park

Senior Director, Head of International Business

Amy Young

US Investment Associate

Past deals in Shanghai

Cabana

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

Xreal

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

Jida Transportation

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

KNOWIN Trend Lab

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

Vastai Technologies

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

T11 Food Market

Series B in 2021
T11 Food Market offers grocery stores.

Hello TransTech

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

Xiaohongshu

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

DGene

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

Creative Biosciences

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

Glenfly

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

Matridx

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

Carzone

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

Deeproute

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

Banma Zhixing

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

GOGOX

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

Sichuan Yunling Zhicheng Information Technology

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

Leyan Technologies

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

Zuoyebang

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

Nice Tuan

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

Guance Cloud

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

Farfetch

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

Farfetch

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

Sun Art Retail Group

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

STO Express

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

YTO Express

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

XiaoMan Technology

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

XiaoMan Technology

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

Helijia

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

Alog

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

E-House

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

E-House

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

Xpeng Motors

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

Best

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

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.

Tianxianpei

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

Cainiao

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

3vjia.com

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

NetEase Cloud Music

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

Kaola

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

KnowBox

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

China Transinfo

Post in 2019
China Transinfo Technology Co Ltd is a prominent Chinese company specializing in intelligent transportation solutions and traffic data services. Established in 2000, the company has developed a comprehensive business network with nearly 20 subsidiaries and over 1,000 employees across the country. Transinfo provides a range of products and solutions aimed at enhancing smart transportation systems for urban environments, highways, rail transport, civil aviation, and water transportation. The company focuses on three main business modules: smart transportation products for cities, solutions for highways, and dynamic transportation information services for the public, thereby contributing significantly to the modernization and efficiency of transportation infrastructure in China.
Alibaba Health Information Technology Limited is a prominent e-commerce platform in China specializing in healthcare-related products, including prescription drugs, over-the-counter medications, traditional Chinese medicine, and health foods. The company operates both a third-party business-to-consumer (B2C) service and its own direct-to-consumer business, facilitating access through Alibaba's Tmall app and Alipay. Alibaba Health also provides a range of services, such as online health consultations through its app "Dr. Deer," and product tracking and logistics information for manufacturers. Its business model encompasses advertising, centralized procurement distribution, and telemedicine services, catering to both B2B and B2C customers. With a strong focus on e-commerce, which accounted for a significant portion of its revenue in recent fiscal years, Alibaba Health continues to enhance its digital healthcare ecosystem, connecting consumers with pharmacies and healthcare providers. The company is based in Causeway Bay, Hong Kong, and it was previously known as CITIC 21CN Company Limited until its rebranding in September 2014.

Red Star Macalline

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

Face++

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

Bizvane

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

Qutoutiao

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

T3 Go

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

Teambition

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

Baiwang Cloud

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

Infinity Augmented Reality

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

Bit Starlight

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

STO Express

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

Bilibili

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

1KM

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

1KMXC

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

ZStack

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

ShenGong007

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

Shengong Zhongzhi Science & Technology Company

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

Alibaba Bendi Shenghuo Fuwu Gongsi

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

JMGO

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

1919

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

WayRay

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

YCloset

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

Huishoubao

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

Tungee

Series A in 2018
Guangzhou Tungee Technology Co., Ltd., established in 2016 and headquartered in Panyu, China, specializes in providing intelligent sales solutions through its software as a service (SaaS) platform. The company offers a comprehensive suite of tools for enterprises, including leads mining, business opportunity engagement, customer relationship management, and order analysis, all powered by advanced technologies such as artificial intelligence, natural language processing, and machine learning algorithms. Tungee has built an extensive database covering 100 million enterprises, enabling its clients to efficiently identify, contact, and manage customers. By improving the accuracy of sales leads and reducing customer acquisition costs, Tungee enhances sales efficiency and performance. The company has served over 3,000 enterprise clients, including notable names like Alibaba and China Mobile, establishing itself as a leader in the intelligent sales sector in China.

Shengwei Times

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

Shanghai Canxing Cultural and Broadcast Company

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

Face++

Series D in 2018
Incorporated in 2011, Megvii is committed to make greatest value for customers and the whole society with extraordinary technology. Megvii is an Artificial Intelligence company specialized in providing enterprises and developers with intelligent solutions and data services, and is dedicated to the mission of “Create machines that can see and think”. Based on its original deep learning system Brain++, Megvii seeks to build AI Engine, a core fundamental technology powering various AI application. It is leveraging on recognition, control, optimization and other algorithms to connect individuals, objects and scenarios, building a product platform of IoT OS. It is connecting standardized hardware like sensors, robots and personal devices with AI+IoT (AIoT), thus commercializing three application-oriented IoT brains on a large scale, namely, city brain, supply chain brain, and personal life brain. Megvii is building an operation system for the era of AIoT. Megvii is an AIoT solutions expert.

Focus Media

Post in 2018
Focus Media Holding Limited is a multi-platform digital media company based in Hong Kong, specializing in out-of-home advertising through a vast network of digital displays across China. The company operates an extensive array of liquid crystal display (LCD) networks, strategically positioned in high-traffic areas such as malls, hotels, and residential buildings, as well as in-store environments. Focus Media also offers advertising services on traditional poster frames, large outdoor LED screens, and cinema screens. As of 2012, its network included over 172,000 LCD displays in 112 cities, along with a significant number of traditional and digital poster frames and movie theater screens. The company has developed a diverse media portfolio that targets specific audiences through various formats, including video media in commercial buildings, mobile advertising, and internet platforms. Focus Media is recognized within the industry for its innovative business models and effective audience segmentation strategies.

Suning.com

Series A in 2018
Suning.com is an online shopping website that sells clothing, snacks, electronic devices, and appliances. The company also integrates smart retail, full category operations, omni-channel operations, logistics, global expansion, and financial cloud services to allow one-stop shopping solutions through physical stores, mobile devices, PCs, and TVs.

SHENJOY

Series A in 2018
Operator of animation production company. This company focuses on original IP animation incubation, cross-border commercial animation projects, and education textbook animation projects, providing customers with creative and high-quality comics products.

Haoshiqi

Series C in 2018
Haoshiqi is an E-commerce platform.

CMC

Series A in 2018
CMC Inc. is a Chinese state-backed media and entertainment conglomerate that produces a diverse array of content, including film, television dramas, financial media, music, and sports. Established in 2010, CMC Capital operates as a private equity and venture capital firm located in Shanghai, focusing on investments across various sectors such as culture, technology, media, entertainment, consumer goods, medical treatment, and telecommunications. The company's multifaceted approach enables it to influence multiple aspects of the media landscape while supporting growth in complementary industries.

BabyTree

Corporate Round in 2018
Babytree is the largest parenting website in China, catering to the growing demographic of approximately 60 million parents within the country's maternity and baby industry. The platform serves as a vital resource for expecting and young parents, facilitating communication and the exchange of valuable experiences related to pregnancy and parenting. Babytree offers a comprehensive range of products and services that address the essential needs of young families, focusing on learning, sharing, recording, and shopping. Its main operations are centered around two platforms: Babytree Parenting and WeTime, which together provide a space for parents to seek advice, connect with others, and manage their parenting journeys effectively.

Xiaohongshu

Series D in 2018
Xiaohongshu is a young lifestyle sharing platform to share positive energy and good life through the sharing of text, pictures and video. Xiaohongshu offers an overseas shopping tip app. Xiaohongshu started its business by helping overseas travelers to draft a shopping list before they hit the roads. But with the aggregation of more UGC contents, the service is transforming into a community for those who are passionate about fashion and shopping and want to know more about these fields even though they do not have overseas traveling plans on their schedules.

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.

Authine

Series A in 2018
Shenzhen Authine Network Technology Co., Ltd., established in 2010 and based in Shenzhen, China, specializes in providing management information systems and cloud application services for enterprises. The company develops an enterprise cloud management platform that connects developers, service providers, and independent software vendors. Its product offerings include management solutions such as "Jinyun," "Yunshu," and "H3 BPM," which collectively enhance management capabilities and streamline management processes for businesses. Through these tools, Authine aims to facilitate improved operational efficiency for its clients.

ZTO Express

Post in 2018
ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. The company offers delivery services for e-commerce and traditional merchants, and other express service users. As of December 31, 2019, it operated a fleet of approximately 6,450 self-owned trucks. The company was founded in 2002 and is headquartered in Shanghai, the People's Republic of China.

ORDRE

Corporate Round in 2018
ORDRE is a global online wholesale platform for the ready-to-wear fashion industry. It has been established by The Lock Group who are 25-year innovators in the business of fashion. The ORDRE platform presents Designer Portfolio seasonal collections in online showrooms to an invitation only Retail Network and allows wholesale orders to be placed and managed through sophisticated yet easy to use technology.

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.

Meiwei Buyongdeng

Series D in 2018
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

Series F in 2018
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.

C-SKY Microsystems

Acquisition in 2018
Hangzhou C-SKY Microsystems Co., Ltd. is an integrated circuit design company based in Hangzhou, China, specializing in the development of 32-bit embedded central processing unit (CPU) cores and chip architecture. Founded in 2001, the company focuses on creating high-performance, low-power CPUs that are utilized in various applications, including smart devices, digital audio and video, information security, networking, industrial control, and automotive electronics. C-SKY Microsystems has developed a proprietary instruction set architecture for its embedded CPUs, which are recognized for their ultra-low power consumption, high performance, and ease of use. The company operates as a subsidiary of Alibaba Group and has established a branch office in Shanghai. Over the years, C-SKY Microsystems has made significant advancements in innovative embedded CPU technologies.

Huitongda

Corporate Round in 2018
Huitongda Network Co., Ltd. is a Chinese logistics service provider focused on supplying household appliances to rural markets. Established in January 2008 and headquartered in Nanjing, the company combines online and offline sales strategies to support retail outlets and enhance e-commerce penetration in township areas. Huitongda specializes in categories such as air-conditioning, color TVs, refrigerators, and washing machines, and it has trained over 3,000 retail outlets across Jiangsu, Shandong, and Anhui provinces. By facilitating the sale of goods to rural customers and providing essential infrastructure for e-commerce, Huitongda plays a significant role in bridging the gap between urban product availability and rural consumer demand. The company operates as a subsidiary of Jiangsu Five Star Appliance Co., Ltd.

Video++

Series B in 2018
Video++ is a video-streaming service based in Shanghai, China, that has been operational since April 2014. The company specializes in providing a video content platform that utilizes advanced AI technology for image recognition. This technology allows Video++ to identify and tag various elements within video content, including brands, celebrities, body language, and specific scenes. By enabling advertisers and e-commerce businesses to search for content and objects in a structured format, Video++ enhances the accessibility and utility of video data for commercial purposes. Its services cater to users both within China and internationally.

SenseTime

Series C in 2018
SenseTime is an artificial intelligence company based in Beijing, China, founded in 2014. It specializes in computer vision and deep learning technologies, offering a range of solutions including face and body analysis, image recognition, and video comprehension. The company develops advanced applications for various sectors, such as smart cities, intelligent automobiles, healthcare, finance, and education. Notably, SenseTime's face recognition technology is widely adopted, serving over 300 companies, including major players like China Mobile and Huawei, with an impressive accuracy rate of one error in 100,000. Additionally, SenseTime is engaged in research and development of AI technologies and provides AI software and hardware products across different industries. Its operations extend beyond China to offices in Japan and Singapore, reflecting its commitment to harnessing AI for diverse applications globally.

Ofo

Series F in 2018
Ofo operates a station-free bike-sharing platform that addresses the "last mile" transportation issue by offering an eco-friendly solution for short-distance travel. The service is accessible through a mobile application, allowing users to easily unlock bikes by scanning QR codes or entering bike plate numbers. With over 10 million bikes connected to more than 200 million users across 250 cities in over 20 countries, Ofo facilitates over 32 million daily transactions, providing a total of over 6 billion rides. The platform's flexibility allows users to park bikes anywhere that is convenient and accessible for others. In addition to enhancing urban mobility, Ofo is committed to sustainability and has partnered with the UN Development Programme to promote green living. The company has also collaborated with the Clara Lionel Foundation to support educational initiatives for schoolgirls in Malawi by providing bikes and scholarships.

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 retail business based in China, specializing in home improvement and furniture. It operates 223 physical stores across 29 provinces, positioning itself as the second largest home furnishing and DIY chain in the country. In addition to its retail operations, Easyhome is involved in commercial property development and shopping mall decoration. The company also engages in e-commerce and owns various retail formats, including department stores, hypermarkets, and cheap supermarkets. Its diverse portfolio includes leasing and project development services, catering to a wide range of consumer needs in the home improvement sector.

ELEME

Acquisition in 2018
ELEME operates as an online ordering platform. It provides a variety of gourmet food take away 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

Private Equity Round in 2018
Beijing Easyhome Home New Retail Chain Group Co., Ltd. is a prominent retail business based in China, specializing in home improvement and furniture. It operates 223 physical stores across 29 provinces, positioning itself as the second largest home furnishing and DIY chain in the country. In addition to its retail operations, Easyhome is involved in commercial property development and shopping mall decoration. The company also engages in e-commerce and owns various retail formats, including department stores, hypermarkets, and cheap supermarkets. Its diverse portfolio includes leasing and project development services, catering to a wide range of consumer needs in the home improvement sector.

Easyhome

Corporate Round in 2018
Beijing Easyhome Home New Retail Chain Group Co., Ltd. is a prominent retail business based in China, specializing in home improvement and furniture. It operates 223 physical stores across 29 provinces, positioning itself as the second largest home furnishing and DIY chain in the country. In addition to its retail operations, Easyhome is involved in commercial property development and shopping mall decoration. The company also engages in e-commerce and owns various retail formats, including department stores, hypermarkets, and cheap supermarkets. Its diverse portfolio includes leasing and project development services, catering to a wide range of consumer needs in the home improvement sector.

Shiji Group

Post in 2018
Shiji Group is a technology company based in China that specializes in developing software solutions for the hospitality, food service, retail, and entertainment industries. Established in 1998, the company originally focused on network solutions for hotels before transitioning to a broader software provider role. Shiji Group employs approximately 5,000 personnel across more than 80 subsidiaries and brands, serving over 91,000 hotels, 200,000 restaurants, and 600,000 retail outlets. Its offerings include hotel management systems, food and beverage solutions, retail systems, payment gateways, data management, and online distribution. Additionally, Shiji provides comprehensive management solutions for branded chain stores and department stores, encompassing investment management, ERP, CRM, and mobile POS systems. The company also supports hardware installation, certification, and after-sales services. Shiji Group aims to enhance cross-industry integration through its cloud technology platforms, facilitating secure data exchange among various sectors to streamline operations and improve client focus on core competencies.

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.
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