Li & Fung
Acquisition in 2024
Li & Fung is a global supply chain manager for retailers and brands. It offers end-to-end services including product design, sourcing, manufacturing control, logistics, and last-mile delivery across various industries like apparel, consumer goods, food, and healthcare. The company operates through approximately 230 offices and 270 distribution centers worldwide.
Deppon Logistics
Acquisition in 2022
DEPPON LOGISTICS Co., LTD, an integrated, customer-focused logistics company, offers a wide range of solutions including Less-Than-Truckload (LTL) transportation, Full Truck Load (FTL) transportation, express, warehousing, supply chain management and cross-border business. With an extensive and solid network foundation, a large number of formidable talented person, and a profound understanding of market, Deppon has been devoting to providing flexible and efficient logistics options in order to increase commercial values of company and offer better services to clients.
Deppon always keeps innovation to meet clients’ requirements. For the sake of providing efficient, convenient, timely and reliable services with clients, Deppon has been insisting on expanding service network by the mode of combining opening retails and cooperating with business partners together and focusing on optimizing transportation routes and minimizing transportation cost. Up to August 2017, Deppon has more than 10 thousand standardized retails across the country, which covers 34 provinces of China with a total area of over 1.1million square meters transfer centers. Nowadays, we have opened international transportation routes to Korea, Japan, Thailand, Singapore, Malaysia and Vietnam in directions of overseas market, overseas e-commerce and international freight forwarder as the international market entry point, which assists the number of staff of Deppon exceeding 120 thousand around the world.
China Mobile is a leading telecommunications operator providing mobile and related services in Mainland China and Hong Kong. It offers voice services including local and long‑distance calls, roaming, caller ID and other call features, as well as data services, wireless data traffic, mobile data solutions, and network planning, design and consulting. The company also provides technology support and designs and sells electronic communications products. It has rolled out extensive 5G coverage and participates in 5G network sharing arrangements. China Mobile serves a very large subscriber base, is widely regarded as the largest mobile operator in China, and holds a dominant share of the wireless market with a substantial fixed-line broadband presence. The firm has expanded into data centers and cloud services to support growth and is headquartered in Central, Hong Kong as part of a larger corporate group.
China Logistics Property Holdings
Acquisition in 2021
China Logistics Property Holdings Co., Ltd is a prominent logistics infrastructure provider based in Shanghai, China, primarily involved in the design, development, leasing, and management of modern logistics facilities. Established in 2000, the company has developed an extensive network of logistics parks across 42 cities in China, encompassing a total gross floor area exceeding 5,800,000 square meters. Its clientele includes various sectors such as manufacturing, retail, and logistics services. The company generates revenue mainly through rental income from its logistics facilities and associated management services. Additionally, it offers a wide range of services, including investment management, project consulting, property development, and technology consulting in areas such as Internet of Things technology and electronic products. China Logistics Property Holdings also engages in activities related to the leasing of machinery and equipment, the sale of building materials, and the cultivation of plants and fruits.
Inceptio Technology
Series B in 2021
Inceptio Technology is a developer of autonomous driving heavy-duty trucks based in Shanghai, China, with additional research and development centers in Silicon Valley. Founded in 2018, the company aims to transform line-haul logistics by offering a nationwide freight network that enhances safety, efficiency, and cost-effectiveness for logistic customers. Its autonomous trucks leverage advanced artificial intelligence, new energy technology, and logistics big data to deliver innovative and reliable transportation solutions. By focusing on the integration of these technologies, Inceptio Technology is positioned to provide significant improvements in the logistics sector.
KK Group operates an online-to-offline marketplace for imported products in China. The company specializes in sourcing a diverse range of items, including snacks, personal care products, makeup, home furnishings, stationery, and other goods from well-known international brands. By utilizing both physical stores and online e-commerce platforms, KK Group offers consumers direct access to premium imported products, allowing shoppers to conveniently purchase items through their mobile devices. This innovative approach bridges the gap between online shopping and physical retail, enhancing the consumer experience in accessing high-quality goods from around the world.
Furong Xingsheng
Corporate Round in 2020
Furong Xingsheng is a Chinese company based in Changsha that owns and operates convenience stores. Established in 2009, it specializes in providing B2B logistics and distribution services. The company also functions through its community shopping platform, Xingsheng Youxuan, launched in 2018, which caters to consumers by offering fresh produce, meat, seafood, staples, and general merchandise. This platform employs a unique retail model that combines online ordering with offline pick-up, allowing household consumers to meet their daily needs conveniently through a network of community-based convenience stores.
Winning Health Technology Group Company
Post in 2020
Winning Health Technology Group Co., Ltd. is a Shanghai-based company that specializes in providing information technology solutions for hospitals and medical service organizations across China. Founded in 1994, the company offers a range of services including IT solution design, planning and consulting, system development, maintenance, and operational support. Its offerings are aimed at enhancing healthcare delivery through smart hospital construction, regional and community healthcare regulation platforms, and medical insurance services. Winning Health also develops integrated health information platforms that combine hardware, network infrastructure, and data services to streamline operations within the healthcare sector. The company was formerly known as Shanghai Kingstar Winning Software Co., Ltd. before rebranding in January 2016.
Li & Fung
Corporate Round in 2020
Li & Fung is a global supply chain manager for retailers and brands. It offers end-to-end services including product design, sourcing, manufacturing control, logistics, and last-mile delivery across various industries like apparel, consumer goods, food, and healthcare. The company operates through approximately 230 offices and 270 distribution centers worldwide.
Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China's largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company's two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA".
Xinchao Media
Corporate Round in 2019
Founded in 2007, Xinchao Media operates an LED ad network targeting middle-class consumers by displaying advertisements on elevators. With a presence in over 95 cities and nearly 610,000 elevators nationwide, the company reaches approximately 100 million people daily.
Xinning Logistics
Post in 2019
Jiangsu Xinning Modern Logistics Co., Ltd. is a logistics service provider based in Kunshan, China, specializing in supply chain management. The company offers a range of services, including warehousing, freight transportation by air, sea, and land, and customs services. Its warehousing solutions encompass both bonded and general storage. Xinning Logistics has diversified its offerings to include base wine packaging, cross-border e-commerce, and new energy car rental services. Additionally, the company has expanded into satellite navigation and positioning services through mergers and acquisitions, providing specialized software development and hardware customization. Xinning Logistics also focuses on supply chain integration solutions for various industries, particularly home appliances and consumer goods. Established in 1997, the company continues to adapt to the evolving logistics landscape while maintaining its core competencies.
JD Logistics
Series A in 2019
JD Logistics is a technology-driven supply chain solution and logistics service provider in China. It offers a full spectrum of services, including warehousing, distribution, and specialized items delivery, serving various industries such as fast-moving consumer goods, apparel, home appliances, and automotive.
Zmeng Network Technology (ZMT)
Series C in 2018
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.
ZhenYun Information Technology
Series A in 2018
ZhenYun Information Technology, based in Shanghai, China, operates a comprehensive procurement platform. As a subsidiary of Hande Information, a leading domestic IT consulting company, ZhenYun specializes in digital transformation for corporate procurement. Their platform offers a one-stop solution for streamlining procurement and supply management processes, including contract signing, planning, request submission, and order settlement. This enables enterprises to enhance procurement efficiency and reduce costs.
Dada Group
Corporate Round in 2018
Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China's largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company's two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA".
EasyStack
Series C in 2018
EasyStack Inc., established in 2014 and headquartered in Beijing, China, specializes in delivering open-source cloud solutions to enterprise clients across Asia. The company's core offering is an OpenStack-based platform that provides comprehensive services including compute, storage, networking, and disaster recovery solutions. EasyStack differentiates itself through its deep understanding of enterprise cloud computing needs and a one-stop multi-cloud platform that caters to businesses from Infrastructure as a Service (IaaS) up to application layers.
Townew is a company based in Pudong, China, that specializes in the development and design of smart household appliances. Established in 2014, Townew focuses on innovative solutions for everyday tasks, prominently featuring intelligent trash cans with a built-in, non-breakpoint garbage bag system. This technology allows for automatic and continuous bag replacement, adapting to varying waste volumes without interruption. By offering these smart devices, Townew aims to enhance consumer convenience and efficiency in managing household chores. In addition to their product line, the company also provides delivery services to facilitate access to their innovative solutions.
Secoo is a luxury products and services platform based in China, facilitating global trade between buyers and suppliers through both online and offline channels. The company operates an online retail platform and experience centers in key cities such as Beijing, Shanghai, Chengdu, and others, as well as in Malaysia. Secoo collaborates with renowned brand boutiques, allowing customers to pick up products ordered online at physical locations. The majority of its revenue is derived from its online business, with a significant focus on the Chinese market. Established in 2011, Secoo has built a substantial membership base of 500,000, including over 20,000 VIP members. The company aims to enhance its presence by establishing exhibition centers in major cities, further solidifying its position in the luxury retail sector.
Meiguanjia
Series A in 2018
Shanghai Based Enterprise services Start Up
ESR
Corporate Round in 2018
ESR is a leading pan-Asia logistics real estate developer, owner, and operator focused on metropolitan areas closely tied to consumption and global trade. It manages a large portfolio of logistics facilities across China, Japan, Singapore and South Korea and serves e-commerce companies, retailers, third-party logistics providers, and cold-chain operators. Headquartered in Hong Kong, ESR originated from the 2016 merger of e-Shang and Redwood and has attracted backing from major investors to support its expansion across key Asian markets.
China Logistics Property Holdings
Post in 2018
China Logistics Property Holdings Co., Ltd is a prominent logistics infrastructure provider based in Shanghai, China, primarily involved in the design, development, leasing, and management of modern logistics facilities. Established in 2000, the company has developed an extensive network of logistics parks across 42 cities in China, encompassing a total gross floor area exceeding 5,800,000 square meters. Its clientele includes various sectors such as manufacturing, retail, and logistics services. The company generates revenue mainly through rental income from its logistics facilities and associated management services. Additionally, it offers a wide range of services, including investment management, project consulting, property development, and technology consulting in areas such as Internet of Things technology and electronic products. China Logistics Property Holdings also engages in activities related to the leasing of machinery and equipment, the sale of building materials, and the cultivation of plants and fruits.
Allianz Insurance
Corporate Round in 2018
Allianz Insurance is a leading provider of insurance services in China and is a wholly-owned subsidiary of Allianz SE, with its headquarters in Guangzhou. Established in 2003, it operates as Allianz China General Insurance and was the first subsidiary of the Allianz Insurance Group to introduce property insurance in the country. The company offers a wide range of insurance products, including auto insurance, property insurance, liability insurance, cargo insurance, engineering insurance, and various health and accident insurances. Additionally, it caters to the needs of both individual and corporate customers, providing services that address large-scale commercial risks across the nation. Over the years, Allianz Insurance has demonstrated consistent growth and development in its operations.
Wanda Commercial Management Group
Funding Round in 2018
Dalian Wanda Commercial Management Group Co., Ltd. is a prominent player in the management and operation of commercial properties in China. Founded in 1988 and based in Beijing, the company was previously known as Dalian Wanda Commercial Properties until its name change in 2018. The company operates a significant network of Wanda Plazas, which serve as multifunctional venues for social networking, entertainment, catering, and retail, effectively creating independent business districts that act as urban centers. As of 2017, Wanda Commercial managed 235 Wanda Plazas, which attracted over 3 billion visitors and encompassed approximately 31.5 million square meters of commercial space. In addition to its retail operations, Dalian Wanda also invests in cultural tourism parks, hotels, cinemas, and other entertainment ventures, addressing a wide range of consumer needs through its diverse portfolio.
ICHUNT.COM
Series B in 2017
ICHunt.com is a B2B trading platform focused on global electronic components, catering primarily to small and medium-sized microelectronics enterprises. Launched in 2015 and headquartered in Shenzhen, China, the platform facilitates the entire procurement process for integrated circuit electronic components, encompassing search selection, purchase, consignment, and delivery. By leveraging digital technologies and big data analytics, ICHunt.com enhances inventory turnover for suppliers and streamlines procurement for buyers. This approach significantly improves distribution efficiency and reduces transaction costs, making it an essential resource for businesses in the electronic components sector.
Weipinhui (formerly Vipshop) is a Chinese online discount retailer for brands.
The company offers quality branded products to consumers throughout China at a significant discount from retail prices. Weipinhui has successfully created and proven that there is a third e-commerce model that can provide tremendous scale and profitability. By providing special offers and large discounts on branded products, the company has pioneered the online discount retail model in China.
Weipinhui has approximately 4.9 million cumulative customers and partnerships with over 5,800 domestic and international brands.
Weipinhui was founded in August 2008. The company raised $50 million in Series B from DCM and Sequoia Capital after securing 20 million in its Series A. On March 23, the company raised USD 72.64 million through its IPO.
EasyRetailPro
Series B in 2017
EasyRetailPro is a technology company based in Shanghai that specializes in developing a cloud-based social customer relationship management platform tailored for the retail industry. The company focuses on enhancing brand management and consumer interactions by leveraging big data analysis and flexible membership grouping. This platform enables retail customers to streamline their marketing efforts and improve consumer engagement, positioning them to better meet the demands of the evolving retail landscape. By integrating Internet technologies with traditional retail operations, EasyRetailPro aims to simplify the retail process and enhance the overall consumer experience, recognizing consumers as essential assets in brand and retail development. The company's expertise is rooted in nearly a decade of experience in e-commerce, traditional retail, and mobile Internet services, allowing it to effectively address the needs of the modern retail market.
China Unicom is a major Chinese telecommunications operator delivering integrated mobile and fixed-line services, data communications, cloud and ICT solutions. It provides mobile voice and data services, roaming, and value-added offerings, fixed-line broadband and data services, and bundled packages, along with Internet data center, cloud, big data, Internet of Things, and other IT services. The company also offers network construction, planning, consulting, project management, information services, electronic payments, and related services, as well as device sales. It operates nationwide with a large subscriber base and a growing ICT footprint, including substantial data center capacity and expanding cloud and IoT offerings. The mobile network comprises 4G nationwide and 5G access, with components shared with partner networks to support continued growth in mobile and digital services.
Dida Chuxing
Series D in 2017
Dida Chuxing operates an online travel platform offering taxi-hailing and carpooling services in China, with a focus on developing real rides and smart taxis to meet users' travel needs.
TalkingData
Series D in 2017
TalkingData is a Beijing-based company established in 2011, specializing in advanced data analytics for the Chinese mobile internet market. It offers a suite of big data products, including scalable data mining, deep data analytics, industry benchmarking reports, and market insights. With nearly 1.5 billion devices covered, TalkingData serves 80% of China's top app developers, helping them track metrics, analyze user data, and optimize monetization strategies. The company collaborates closely with major distribution channels and ad networks, and is expanding into cross-border cooperation with financial industries.
Yintai Group
Funding Round in 2016
Yintai Group is an industrial investment group established in Beijing in 1997 by Mr. Shen Guojun. The company operates across various sectors, including commercial retail, commercial real estate, mineral resource exploration and development, as well as equity investing. Yintai Group encompasses several subsidiaries, such as Intime Retail Group and Yintai Land Group, and has developed into a significant enterprise with over 100 holding or joint-stock companies domestically and internationally. The group has created more than 100,000 job opportunities, positioning itself as one of the leading private enterprises in China. Yintai Group also emphasizes social responsibility through its Yintai Foundation, which promotes the concepts of Platform Thinking and Shared Value, demonstrating a commitment to philanthropy and community development. By integrating industrial growth with investment and social responsibility, Yintai Group aims to contribute to economic and societal advancement while fostering innovation within various sectors.
OK Car Insurance
Series A in 2016
OK Car Insurance is a third-party service provider that helps consumers buy auto insurance online and insurers improve risk profile and generate more profits. It roots deeply in car usage scenes, connecting services such as auto insurance, traffic violation, and fueling. It also creatively developed auto insurance services for car stickers, traffic jams, and others. Its user’s loyalty and interactions are far higher than the industry's average level.
The domestic initiative mobile phone IoV (Internet of Vehicles) product OKDrive SDK from the company has obtained a patent. It allows users have access to user's driving behavior data without the help of intelligent hardware, which is a leading technique for domestic mobile network.
The company was founded in 2014 and is headquartered in Shanghai, China.
Yihaodian
Acquisition in 2016
Yihaodian is a B2C e-commerce company based in China, established in 2008. It offers over 180,000 products through its online platform, with a focus on grocery items, electronics, apparel, and daily essentials. Yihaodian operates logistics centers in major cities including Shanghai, Beijing, Guangzhou, Wuhan, and Chengdu, along with delivery stations in 34 cities across China. The company employs over 2,000 people and maintains large distribution networks in Shanghai, Beijing, and Guangzhou to serve its expanding customer base. Yihaodian has also innovated with "virtual stores," which use images of stocked grocery shelves in public areas, allowing passers-by to scan codes with mobile devices to purchase groceries online. The company has been recognized for its rapid growth and innovation, earning top rankings from Deloitte Technology Fast 500 Asia Pacific and China Entrepreneur Magazine's Future Stars of China Enterprises in 2011.
ELEME is an online ordering platform offering gourmet food take away services in over 2000 cities in China. Founded in 2008 by Mark Zhang and Jack Kang, the company is operated by Lazhasi Network Technology and has been acquired by Alibaba Group in 2018, while still maintaining its independence. With more than 1.3 million participating shops, 15 thousand employees, and over nine million daily orders, ELEME has established itself as a prominent player in the Chinese food delivery market. The company's headquarters are located in Shanghai, China.
Sleepace is a leading provider of smart sleep solutions and IoT nighttime automation technology. The company specializes in non-wearable sleep monitoring products and sleep-aid devices, utilizing advanced sensor technology and patented algorithms to enhance sleep quality. Its offerings include smart lighting, adjustable bedding, and sleep activity monitoring devices, which cater to various sectors such as smart homes, hotels, baby care, and elderly care. Sleepace has established significant partnerships with major companies, including HUAWEI and LG U+, and has garnered substantial investment from prominent enterprises like Gobi Partners and JD. Through its innovative products and collaborations, Sleepace aims to improve sleep quality and facilitate monitoring of body activity and environmental factors.
Shanghai Fruitday Co., Ltd. operates an online retail platform specializing in fresh fruits, having been established in 2006 in Shanghai, China. Initially a traditional fruit vendor, Fruitday transitioned to e-commerce in 2009, leveraging over 30 years of experience in the food industry. The company focuses on mid- and high-end fruit offerings, including both imported and domestically sourced fresh fruits. Fruitday has developed a direct supply chain that connects consumers with suppliers, supported by its self-built cold storage and cold-chain logistics to ensure product freshness. Customers can order through various channels, including the website, telephone, television, and physical store services. The company emphasizes providing healthy, green, and fresh fruit options along with personalized services to enhance the consumer experience.
Kingdee is a prominent Chinese software company specializing in management and cloud services. It offers a comprehensive range of solutions, including enterprise resource planning (ERP), financial cloud services for small and micro businesses, and industry-specific cloud services. Kingdee's core business revolves around the development and sales of software products, along with providing software implementation, consulting, maintenance, and upgrade services. The company serves over one million clients, including enterprises and government organizations, and has established a significant presence in China's software market, being recognized as the leader in small and medium enterprise software solutions for nine consecutive years. With a vast network of over 2,000 partners, Kingdee continues to innovate and expand its offerings in the digital management space, making it a key player in the industry.
Tuniu Corporation
Post in 2015
Tuniu Corporation is a China-based online leisure travel company that offers a wide selection of packaged tours, including organized and self-guided itineraries, along with travel-related services for leisure travelers. Its offerings cover tickets to attractions, visa applications, accommodations, insurance, car rental, and hotel bookings, plus air, train, and bus tickets and advertising services to tourism boards and bureaus. The company serves customers through its online platform and mobile apps, a primary call center in Nanjing and regional centers in Suqian, and various offline retail locations in China. Founded in 2006 and headquartered in Nanjing, it positions itself as a one-stop platform for Chinese consumers seeking leisure travel products and services, combining digital channels with an offline service network.
51 Credit Card Manager
Series B in 2015
51 Credit Card Inc. is an investment holding company based in Hangzhou, China, that operates an online credit card management platform. Founded in 2012 by Sun Haitao, the company primarily offers the 51 Credit Card Manager app, which helps users manage their credit card bills. In addition to personal credit management, 51 Credit Card provides a range of financial services including credit card technology, online credit facilitation, prepaid card issuance, internet payment services, and loan collection. The company also offers micro loan products, financing guarantees, post-loan management, insurance broking, and consulting services. By developing and operating various apps, alongside fund sales, 51 Credit Card aims to enhance personal financial management for its users in the People's Republic of China.
Lexin
Funding Round in 2015
Lexin is an online consumer finance platform based in China, primarily serving educated young adults. It operates a comprehensive financial ecosystem that includes its e-commerce-driven installment finance platform, Fenqile, along with investment platforms such as Dingsheng and Juzi Licai. Lexin utilizes advanced technologies like big data, cloud computing, and artificial intelligence to efficiently match user funding requests with offers from over 30 funding partners, including commercial banks and licensed financial institutions. With more than 20 million registered users, Lexin aims to enhance the quality of life for its clientele by addressing their credit needs through accessible financial solutions.
Tuniu Corporation
Post in 2014
Tuniu Corporation is a China-based online leisure travel company that offers a wide selection of packaged tours, including organized and self-guided itineraries, along with travel-related services for leisure travelers. Its offerings cover tickets to attractions, visa applications, accommodations, insurance, car rental, and hotel bookings, plus air, train, and bus tickets and advertising services to tourism boards and bureaus. The company serves customers through its online platform and mobile apps, a primary call center in Nanjing and regional centers in Suqian, and various offline retail locations in China. Founded in 2006 and headquartered in Nanjing, it positions itself as a one-stop platform for Chinese consumers seeking leisure travel products and services, combining digital channels with an offline service network.
Daojia Meishihui, established in 2010 and headquartered in Beijing, China, specializes in food delivery services across major cities including Beijing, Shanghai, Shenzhen, and Guangzhou. The company allows consumers to conveniently order meals from a variety of special restaurants through its website, mobile application, or call center. Daojia has built partnerships with thousands of renowned catering enterprises, enabling it to provide a diverse selection of dining options for city residents. The company aims to expand its food and beverage services to key cities throughout the country, enhancing accessibility and convenience for its customers. As of May 2017, Daojia operates as a subsidiary of Yum China Holdings.
Paipai
Acquisition in 2014
Paipai is a Chinese online marketplace that specializes in the buying and selling of second-hand goods. Founded in 2005, the platform facilitates consumer-to-consumer transactions and also engages in second-hand goods recycling and commodity leasing. It provides a comprehensive trading experience for users looking to exchange personal items in various scenarios. Initially a subsidiary of Tencent Holdings, Paipai was acquired by JD.com in 2014 and later merged with Aihuishou in 2019. As of June 30, 2019, it operates under the ownership of Shanghai YueYi Network Information Technology Ltd.
Daojia Meishihui, established in 2010 and headquartered in Beijing, China, specializes in food delivery services across major cities including Beijing, Shanghai, Shenzhen, and Guangzhou. The company allows consumers to conveniently order meals from a variety of special restaurants through its website, mobile application, or call center. Daojia has built partnerships with thousands of renowned catering enterprises, enabling it to provide a diverse selection of dining options for city residents. The company aims to expand its food and beverage services to key cities throughout the country, enhancing accessibility and convenience for its customers. As of May 2017, Daojia operates as a subsidiary of Yum China Holdings.