CDIB Capital Group is a financial firm based in Hong Kong, serving as the overseas investment arm of China Development Financial, a prominent merchant banking group in Asia. Founded in 2006, CDIB Capital focuses on direct investments in Asian private equity, private debt, and special situations, aiming to achieve superior risk-adjusted returns. The firm is involved in various investment strategies, including middle-market buyouts, recapitalization, corporate divestitures, growth equity investments, and mid-to-late-stage venture capital transactions. With additional offices in Taipei, Shanghai, Seoul, and New York, CDIB Capital also selectively commits to high-quality third-party funds to enhance its exposure to strategic geographies and asset classes.
7/F ICBC Tower - Citibank Plaza, 3 Garden Road, Central, Hong Kong / 15/F Park Place, 1601 West Nanjing Road, Jingan District, Shanghai, China
William Ho
Managing Director
Alex Ying
Managing Director and Head of Buyout Group
Past deals in Hong Kong
Vpon
Series B in 2025
Vpon Inc., established in 2008, is a Taiwan-based big data company specializing in mobile advertising and user behavior prediction. It provides a range of solutions including performance optimization, branding, cross-border marketing, and data management. With a presence in Taipei, Hong Kong, Shanghai, Singapore, and Tokyo, Vpon serves clients across 12 Asia-Pacific countries, reaching over 21 billion biddable inventories. It offers advanced big data analytics technology, enabling O2O and e-commerce businesses to enhance brand awareness and drive profitable transactions. Vpon has been recognized for its excellence, winning awards such as the Bronze for Greater China Specialist Agency of the Year in 2016 and 2017, and ranking third in Forbes China's Top 100 Privately Held Small Businesses in 2015.
FunNow
Series B in 2021
FunNow is a leading lifestyle booking platform in Greater Southeast Asia, revolutionizing access to leisure and entertainment services. The platform offers on-demand bookings for dining, wellness, beauty, and accommodations, catering to the needs of modern consumers with convenience and efficiency. Operating in seven countries—Taiwan, Singapore, Hong Kong, Malaysia, Thailand, the Philippines, and Japan—FunNow encompasses four brands: FunNow, Eatigo, Niceday, and SaaS. With over 10,000 merchants and a rapidly growing user base of 8 million, FunNow creates a diverse ecosystem of curated lifestyle experiences. The company provides more than 20,000 instant booking options across various leisure and entertainment sectors, including travel, dining, and wellness services. By leveraging AI-powered yield management and digital transformation, FunNow enhances operational efficiency for service retailers while improving the overall customer experience. As it continues to expand, FunNow is dedicated to reshaping how people enjoy their leisure time.
CloudMile
Series B in 2020
CloudMile Inc. is an AI and cloud technology company headquartered in Taipei, Taiwan, with additional offices in Singapore and Hong Kong. The company specializes in digital transformation for corporate clients, utilizing machine learning and big data analytics to enhance business forecasts and facilitate industrial upgrades. With a portfolio of over 400 corporate clients, CloudMile has achieved more than 120 accreditations, including over 60 Google Cloud professional certifications. As a Premier Partner of Google Cloud, it holds specializations in machine learning, data analytics, cloud migration, and infrastructure. In 2020, CloudMile became Taiwan's first Google Cloud Managed Service Provider and was recognized as the Google Cloud Public Sector Partner of the Year for the APAC region.
CloudMile
Series B in 2019
CloudMile Inc. is an AI and cloud technology company headquartered in Taipei, Taiwan, with additional offices in Singapore and Hong Kong. The company specializes in digital transformation for corporate clients, utilizing machine learning and big data analytics to enhance business forecasts and facilitate industrial upgrades. With a portfolio of over 400 corporate clients, CloudMile has achieved more than 120 accreditations, including over 60 Google Cloud professional certifications. As a Premier Partner of Google Cloud, it holds specializations in machine learning, data analytics, cloud migration, and infrastructure. In 2020, CloudMile became Taiwan's first Google Cloud Managed Service Provider and was recognized as the Google Cloud Public Sector Partner of the Year for the APAC region.
FunNow
Series A in 2018
FunNow is a leading lifestyle booking platform in Greater Southeast Asia, revolutionizing access to leisure and entertainment services. The platform offers on-demand bookings for dining, wellness, beauty, and accommodations, catering to the needs of modern consumers with convenience and efficiency. Operating in seven countries—Taiwan, Singapore, Hong Kong, Malaysia, Thailand, the Philippines, and Japan—FunNow encompasses four brands: FunNow, Eatigo, Niceday, and SaaS. With over 10,000 merchants and a rapidly growing user base of 8 million, FunNow creates a diverse ecosystem of curated lifestyle experiences. The company provides more than 20,000 instant booking options across various leisure and entertainment sectors, including travel, dining, and wellness services. By leveraging AI-powered yield management and digital transformation, FunNow enhances operational efficiency for service retailers while improving the overall customer experience. As it continues to expand, FunNow is dedicated to reshaping how people enjoy their leisure time.
FunNow
Series A in 2017
FunNow is a leading lifestyle booking platform in Greater Southeast Asia, revolutionizing access to leisure and entertainment services. The platform offers on-demand bookings for dining, wellness, beauty, and accommodations, catering to the needs of modern consumers with convenience and efficiency. Operating in seven countries—Taiwan, Singapore, Hong Kong, Malaysia, Thailand, the Philippines, and Japan—FunNow encompasses four brands: FunNow, Eatigo, Niceday, and SaaS. With over 10,000 merchants and a rapidly growing user base of 8 million, FunNow creates a diverse ecosystem of curated lifestyle experiences. The company provides more than 20,000 instant booking options across various leisure and entertainment sectors, including travel, dining, and wellness services. By leveraging AI-powered yield management and digital transformation, FunNow enhances operational efficiency for service retailers while improving the overall customer experience. As it continues to expand, FunNow is dedicated to reshaping how people enjoy their leisure time.
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