Primavera Capital Group

Project Twelve is a gaming platform and game creator ecosystem.

Starna Therapeutics offers development of innovative drugs with RNA as the core, and has an industry-leading RNA and organ-selective delivery technology platform with independent intellectual property rights; the company has established a rich R&D pipeline , covering infectious disease vaccines, tumor immunity and other fields.

Hex Trust is a licensed and insured digital asset custodian based in Sheung Wan, Hong Kong, with additional offices in Singapore. Founded in 2017, the company offers a proprietary platform called Hex Safe™, which provides bank-grade custody solutions for banks, financial institutions, asset managers, and corporations. Hex Trust facilitates services such as custody, token issuance, and KYC compliance, enabling clients to access liquidity providers, exchanges, and lending and staking platforms while ensuring the security of their assets. The company is registered as a Trust Company under the Hong Kong Trust Ordinance and holds a Trust or Company Service Provider license, demonstrating its commitment to regulatory compliance and secure asset management. Hex Trust is also expanding its operations into the European market.

Robot Phoenix Technology Co., Ltd. is a private company engaged in parallel robot manufacturing. The firm was founded in 2012 and is based in China.

Hong Kong Asia Heart Centre is the largest cardiovascular specialist chain in China.

Starfield Food and Science Technology Limited produces plant-based meat products. It sells its products through outlets and as well as online. The company was founded in 2017 and is based in Shenzhen, China.

Xbiome Co. Ltd. is an AI-based microbiome drug development company founded in 2017 and headquartered in Shenzhen, China. It focuses on intestinal micro-ecology and aims to enhance gut health for a population of 1.3 billion people. By leveraging artificial intelligence, Xbiome analyzes the gut flora of patients and donors, enabling the efficient development of targeted pharmaceuticals for micro-ecological treatment. This innovative approach positions Xbiome as a leader in the application of AI technology within the pharmaceutical industry in China.

Avistone Pharmaceuticals is a clinical-stage biotechnology company focused on precision oncology therapeutics.

SyMap Medical specializes in the development and manufacturing of advanced medical devices aimed at treating hypertension and other significant health conditions, including heart failure and arrhythmia. The company focuses on a proprietary catheter-based system for renal mapping and ablation, which utilizes radiofrequency ablation technology as its core platform. This innovative approach is designed for renal denervation therapy, allowing for targeted treatment of hypertension and potentially alleviating symptoms associated with severe asthma and refractory complex arrhythmia. Through its cutting-edge solutions, SyMap Medical aims to improve patient outcomes in the management of these critical diseases.

Love, Bonito is a prominent women's fashion brand founded in 2010 and headquartered in Singapore, with additional offices in Indonesia, Malaysia, and Hong Kong. The company employs around 150 people and operates an omni-channel presence across these four markets, along with a global e-commerce site. Love, Bonito is dedicated to providing a diverse range of fashionable clothing and accessories tailored to meet customer preferences, emphasizing customization and fit. The brand aims to redefine retail by fostering a thoughtful and community-driven approach, focusing on the everyday woman. Its mission is to become a globally recognized brand known for its commitment to customer experience and innovative retail practices.

Founded in 2013, Ruigu is an e-commerce platform focused on the Chinese electrical hardware sector.

Envision is a global energy internet service provider.

GoTo Group is the technology group formed by merging Gojek and Tokopedia.

Accession Therapeutics, based in Oxford, UK, is focused on developing innovative cancer treatments through its Trocept platform, which aims to address some of the most challenging and prevalent forms of cancer. The company is led by Bent Jakobsen, a pioneer in T cell receptor therapy, and has a team experienced in advancing immuno-oncology products to clinical trials. The Trocept technology, developed over more than a decade, utilizes genetically modified viruses that specifically target cancer cells while sparing non-cancerous cells, which eliminates systemic toxicity. This allows for intravenous delivery directly to tumors, enhancing the therapy's effectiveness. The platform shows promise in treating various types of cancer, including breast, cervical, colorectal, gastric, head and neck, lung, oral, ovarian, and pancreatic cancers, by activating a robust immune response localized to the tumor site.

Shukun (Beijing) Network Technology Co., Ltd. operates as an artificial intelligence based medical technology company. It offers CareSphere Advisor that includes CoronaryDoc, a coronary heart disease intelligent auxiliary diagnosis system; FFRDoc, an intelligent blood flow reserve fraction CT-FFR measurement system; CACScoreDoc for calculating calcification points; and AortaDoc, an aortic intelligent diagnosis system. The company was founded in 2017 and is based in Beijing, China with a branch in Shanghai.

Guangzhou OptoMedic Co., Ltd. engages in research, development, and manufacture of optical medical device and systems. It offers intraoperative endoscopic fluorescence navigation system for general surgery departments. The company was founded in 2013 and is based in Foshan, China.

Mead Johnson Nutrition manufactures and sells infant formula, children’s nutrition, and other nutritional products. It offers routine infant formula products as infant’s source of nutrition and supplement to breastfeeding under Enfamil Premium, Enfamil A+, Enfalac Premium, and Enfapro A+ names; and solutions for feeding tolerance problems, including spit-up, fussiness, gas, and lactose intolerance under Enfamil Gentlease, Enfamil A.R., Enfamil ProSobee, and Enfamil LactoFree names. Mead Johnson Nutrition also provides specialty formula products, such as Nutramigen for cow’s milk protein allergies, and Puramino, an amino acid formula for severe cow’s milk protein allergies or other food allergies; Enfamil Premature for premature and low birth weight infants; EnfaCare, a hypercaloric formula for premature babies at home; and medical foods for nutritional management of individuals with rare, inborn errors of metabolism comprising maple syrup urine disease under Mead Johnson BCAD and Mead Johnson Phenyl-Free names. Moreover, Mead Johnson Nutrition offers children’s nutrition products to meet nutritional needs of toddlers and older children under Enfagrow, Sustagen, and Lactum names, as well as milk modifiers under ChocoMilk and Cal-C-Tose names. Further, it provides various other products that comprise pre-natal and post-natal nutritional supplements for expectant and nursing mothers under Expecta and EnfaMama names; pediatric vitamin products that provide multivitamins and iron supplements for infants under Enfamil Poly-Vi-Sol name; and Enfalyte, an oral electrolyte solution for infants and children to replace electrolytes and water to enable restore hydration. Mead Johnson Nutrition markets its products to mothers, health care professionals, and retailers in approximately 50 countries in Asia, North America, Latin America, and Europe. Edward Mead Johnson founded it in 1905, with its headquarters in Glenview in Illinois, now as a subsidiary of Reckitt Benckiser Group.

Dimension is a company based in San Francisco, California, that specializes in developing an enterprise application platform tailored for insurance and financial services. Founded in 2019, Dimension's platform enables users to create, deploy, and manage complex applications without the need for coding. This innovative approach aims to streamline the product sales process, enhancing customer experience and allowing large organizations to develop custom software more efficiently and cost-effectively than traditional methods. In addition to its core platform offerings, Dimension also provides various services, including on-demand junk removal, cardboard removal, graffiti and etchings removal, exterior cleaning, gardening, landscaping, and power washing.

A Biotech Company based In Ningbo.

Analytical Biosciences focuses on the development of single-cell genome technologies to enhance the understanding and treatment of human diseases. By collaborating with medical research institutions, hospitals, and pharmaceutical companies, the company leverages single-cell genomics and bioinformatics to create detailed maps of diseases. This approach allows for large-scale systematic disease mapping and the mining of extensive data sets, which aids partners in identifying new therapeutic targets and formulating innovative treatment strategies. Analytical Biosciences employs high-resolution databases and advanced data analytics to facilitate the discovery and validation of novel cellular targets and biomarkers, ultimately contributing to the development of next-generation therapeutics and diagnostics.

Beijing Beisen Cloud Computing Co., Ltd. is a Chinese company that specializes in developing a software as a service (SaaS) integrated talent management platform. Founded in 2005 and based in Beijing, the company offers a comprehensive suite of services, including recruitment management, talent assessment, performance management, succession planning, and talent development. Beisen also provides platform as a service (PaaS) solutions for third-party developers, alongside system implementation and custom development services. Additionally, the company focuses on internet recruitment through its Human Resource Service Platform and operates a Business People Service Network that facilitates information exchange and recruitment services. With integrated functionalities for feedback and employee surveys, Beisen aims to enhance talent management for its clients.

Furong Xingsheng, founded in 2009 and based in Changsha, China, operates convenience stores that serve the local community's daily needs. The company has evolved into a community shopping platform known as Xingsheng Youxuan, which was established in 2018. This platform utilizes a hybrid retail model that combines online ordering with offline pick-up, allowing consumers to access a variety of fresh products. The offerings include fresh vegetables, fruits, meat and poultry, seafood, staple foods, seasonings, and other household items. Through its network of convenience stores, Furong Xingsheng aims to provide convenient access to essential goods for consumers in the region.

Shenzhen Qianhai 4Paradigm Data Technology Co., Ltd. is a leading provider of artificial intelligence technology and services based in Beijing, China. Founded in 2014, the company specializes in platform-centric AI solutions that help enterprises across various industries, including finance, energy, retail, manufacturing, and healthcare, enhance their decision-making capabilities and operational efficiency. 4Paradigm's innovative machine learning technology, particularly its unique approach known as "migration learning," enables businesses to accurately predict trends, mine data, and uncover hidden patterns, ultimately reducing risks and maximizing commercial value. The company's offerings include the Sage AI Platform, SHIFT Intelligent Solutions, and SageGPT AIGS Services, allowing for rapid deployment of AI applications tailored to enterprise needs.

Suiyuan Technology is a provider of neural network solutions for artificial intelligence. Its products are deep learning high-end chips developed for cloud data centers, and are positioned on artificial intelligence training platforms. The chip will adopt a unique and innovative architecture independently developed, featuring high computing power, high energy efficiency ratio, programmable, low cost, and support for mainstream machine learning frameworks. It is designed and optimized for cloud AI training.

Xbiome Co. Ltd. is an AI-based microbiome drug development company founded in 2017 and headquartered in Shenzhen, China. It focuses on intestinal micro-ecology and aims to enhance gut health for a population of 1.3 billion people. By leveraging artificial intelligence, Xbiome analyzes the gut flora of patients and donors, enabling the efficient development of targeted pharmaceuticals for micro-ecological treatment. This innovative approach positions Xbiome as a leader in the application of AI technology within the pharmaceutical industry in China.

Deepinfar Ocean Technology Co., Ltd is engaged in the research, development, production, and sales of underwater intelligent equipment. The company provides cable remotely operated vehicles, autonomous underwater vehicles, underwater gliders, and COPEX buoy products. The company’s products are used for marine resources survey and mapping, underwater security, water conservancy and hydropower, transportation, salvage, and underwater aquaculture. Deepinfar Ocean Technology Co., Ltd was founded in 2013 and is based in Tianjin, China.

Furong Xingsheng, founded in 2009 and based in Changsha, China, operates convenience stores that serve the local community's daily needs. The company has evolved into a community shopping platform known as Xingsheng Youxuan, which was established in 2018. This platform utilizes a hybrid retail model that combines online ordering with offline pick-up, allowing consumers to access a variety of fresh products. The offerings include fresh vegetables, fruits, meat and poultry, seafood, staple foods, seasonings, and other household items. Through its network of convenience stores, Furong Xingsheng aims to provide convenient access to essential goods for consumers in the region.

ZAP Surgical Systems, Inc. designs and manufactures the ZAP-X® radiosurgery platform. ZAP-X incorporates a unique self-shielded design that typically eliminates the need for traditional radiation vaults, and thus enables simple point-of-care delivery in locations previously unfeasible or cost-prohibitive, including physician offices, ambulatory surgery centers, and satellite facilities.

LaoBaiXing Pharmacy Chain Joint Stock Company operates a chain of pharmacy stores across 21 provincial markets in China, including major regions such as Hunan, Jiangsu, and Guangdong. Founded in 2001 as a family business in Hunan province, the company specializes in the retail of a wide range of products, including Chinese and Western medicines, health equipment, healthy food, and personal care items. LaoBaiXing emphasizes low prices and offers in-store consultation services and membership programs to enhance customer experience. The company is also exploring new store formats with a greater focus on health and beauty products. Based in Changsha, LaoBaiXing has plans for an initial public offering, aiming to enter the China A-share market.

Shijiazhuang Junlebao Dairy is a prominent dairy products company based in China, specializing in a diverse array of offerings that include fluid milks, flavored milk, yogurt, baby formula, and milk powder. The company has developed a comprehensive operational framework that encompasses the entire dairy industry chain, ensuring coordinated development and a focus on nutrition, health, and safety for its consumers. By prioritizing quality and innovation, Junlebao Dairy aims to meet the growing demand for dairy products in the market while promoting the well-being of its customers.

Danke is an apartment management company based in Dongcheng, China, founded in 2015. As a leading internet-enabled startup in the residential rental market, Danke manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. The company employs a technology-driven business model that streamlines the rental process for both property owners and residents. By centrally managing the apartments, Danke standardizes the design, renovation, and furnishing of units, ensuring a consistent quality for tenants. Additionally, it offers comprehensive services without physical storefronts, allowing for a seamless online experience. Through its innovative approach, Danke aims to redefine the residential rental landscape in China.

Beijing Ubox Science and Technology Co. Ltd. operates in the vending machine industry in China, having been founded in 2011 and based in Beijing. The company has established a national network of vending machines and offers an online-to-offline (O2O) shopping experience. Customers can shop via a mobile application and collect their purchases from Ubox's interactive vending machines. Ubox's extensive point-of-sale network serves various locations, including schools, factories, offices, public venues, transportation hubs, and restaurants. The company engages in multiple business segments, including unmanned retail, advertising and system support services, merchandise wholesale, and vending machine sales and leases, catering to a diverse range of participants in the unmanned retail industry.

Onion Math is an online education platform.

Danke is an apartment management company based in Dongcheng, China, founded in 2015. As a leading internet-enabled startup in the residential rental market, Danke manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. The company employs a technology-driven business model that streamlines the rental process for both property owners and residents. By centrally managing the apartments, Danke standardizes the design, renovation, and furnishing of units, ensuring a consistent quality for tenants. Additionally, it offers comprehensive services without physical storefronts, allowing for a seamless online experience. Through its innovative approach, Danke aims to redefine the residential rental landscape in China.

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.

Shanghai Lujiazui International Financial Asset Exchange (“Lufax”) is an online marketplace for the origination and trading of financial assets. Lufax was incorporated in September, 2011 in Shanghai with the support of Shanghai’s Municipal Government, and has grown into China’s largest internet finance company in less than four years. The company is an associate of China Ping An Group, the largest and most innovative non-SOE financial institution in China. Lufax’s number of registered users surpassed 7 million by February 2015, while the volume of online transactions grew more than 8 times year-on-year. Close to 50% of Lufax transactions are now handled via mobile. As a constant innovator and pioneer in the internet finance industry, Lufax has developed China’s most open, safe and convenient investment and financing platform. Investors come to Lufax for its broad product offering, diverse liquidity avenues and superior user experience. Asset owners look to Lufax to help them structure, price and place complex assets to investors in a credible and transparent manner. Lufax takes full advantage of the latest big data and IT technologies, and leverages the most advanced risk assessment models and risk control systems. Combined with its value proposition to customers, Lufax has a competitive edge which it believes cannot be replicated.

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.

Shanghai Lujiazui International Financial Asset Exchange (“Lufax”) is an online marketplace for the origination and trading of financial assets. Lufax was incorporated in September, 2011 in Shanghai with the support of Shanghai’s Municipal Government, and has grown into China’s largest internet finance company in less than four years. The company is an associate of China Ping An Group, the largest and most innovative non-SOE financial institution in China. Lufax’s number of registered users surpassed 7 million by February 2015, while the volume of online transactions grew more than 8 times year-on-year. Close to 50% of Lufax transactions are now handled via mobile. As a constant innovator and pioneer in the internet finance industry, Lufax has developed China’s most open, safe and convenient investment and financing platform. Investors come to Lufax for its broad product offering, diverse liquidity avenues and superior user experience. Asset owners look to Lufax to help them structure, price and place complex assets to investors in a credible and transparent manner. Lufax takes full advantage of the latest big data and IT technologies, and leverages the most advanced risk assessment models and risk control systems. Combined with its value proposition to customers, Lufax has a competitive edge which it believes cannot be replicated.

ByteDance is an Internet technology company headquartered in Haidian, China, established in March 2012. The company specializes in creating mobile applications that cater to online media, entertainment, and social networking. ByteDance leverages artificial intelligence and machine learning to personalize content for users, enabling them to discover and engage with creative platforms tailored to their interests. With a robust user base of nearly 200 million daily active users, each spending an average of one hour daily on its products, ByteDance fosters connections between people and information. Its portfolio includes popular applications such as Topbuzz, Flipagram, and various user-generated content short-form video platforms, which have gained significant traction among mobile users globally. The company also maintains offices in the USA and Japan, enhancing its international presence.

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.

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.

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.

WorldStrides provides students with travel opportunities. The company offers travel services to students. They are provided with a range of programs, including discoveries, perspectives, capstone, onstage, excel, and individual travel. WorldStrides was founded in 1967 and is based in Virginia.

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.

Dashu Finance, officially known as Shenzhen Qianhai Dashu Financial Service Co., Ltd., is a financial services company established in 2014 and headquartered in Shenzhen, China. It specializes in providing unsecured credit loans to small and micro-business owners, facilitating access to essential financing options. The company connects these business owners with institutional investors, offering a range of loan types including education, corporate credit, rent, and car loans. Through its services, Dashu Finance aims to support the financial needs of entrepreneurs and enhance their growth opportunities in a competitive market.

Beijing Moviebook Technology Co., Ltd. is a Chinese startup established in 2009, focused on developing an innovative video interaction platform. The company specializes in intelligent image production technologies that cater to the education, entertainment, and media sectors. Moviebook's offerings include AI-driven interactive video analytics, which encompass structured visual analysis, image synthesis, intelligent video editing, physical action analysis, and scene information recovery. The company's goal is to enhance user experiences, diversify communication methods, and lower business costs through its advanced visual information technology services. With a commitment to revolutionizing the online video industry, Moviebook is paving new avenues for creative development.

Koubei.com is a life search engine established in 2004 that offers comprehensive information related to daily living, including restaurant entertainment, housing, employment, and travel across medium and large cities. The platform is particularly renowned for its strong focus on restaurant and entertainment transactions, featuring user-friendly maps for locating shops and guest reviews that enhance the dining and leisure experience. In addition to these services, Koubei.com facilitates house renting and secondhand property transactions, along with providing a credit system for classified information. The website also includes local search capabilities, allowing users to find and engage with local merchants, place orders, make payments, and share their reviews through its application.

Yum! Brands, Inc. is a leading global restaurant company that develops, operates, and franchises quick-service restaurants. The company focuses on three primary brands: KFC, Pizza Hut, and Taco Bell, which specialize in chicken, pizza, and Mexican-style cuisine, respectively. As of 2023, Yum! Brands operates approximately 59,000 restaurants across more than 140 countries and territories. With a significant portion of its operations being franchised, the company has a strong presence in international markets, including a notable partnership with Yum China, which operates KFC and Pizza Hut in that region. Yum! Brands generates substantial systemwide sales and is recognized as one of the largest restaurant companies worldwide, emphasizing a commitment to consumer loyalty and operational excellence. The organization has evolved from its origins as a division of PepsiCo, reflecting a strategic focus on growth and brand leadership in the fast-food sector.

Ant Group Co., Ltd. is a leading provider of digital payments and financial services in China, primarily known for its flagship platform, Alipay. Founded in 2000 and headquartered in Hangzhou, Ant Group offers a range of financial products, including Yu'e Bao for cash management, Huabei for consumer credit, and Xiang Hu Bao, which provides health coverage for critical illnesses. The company also operates MYbank, an online bank catering to small and micro enterprises, and Zhima Credit, an independent credit assessment service. Ant Group aims to support the digital transformation of the service industry by ensuring equal access to inclusive and sustainable financial services for consumers and small businesses. With a strong emphasis on technology and innovation, the company has played a pivotal role in enhancing trust in online transactions and has expanded its offerings to facilitate digital finance across various sectors.

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.

Alibaba Group is a leading global online and mobile commerce company based in Hangzhou, China, founded in 1999. The company operates a diverse range of platforms, including Taobao, a consumer-to-consumer marketplace, and Tmall, a business-to-consumer platform. Alibaba also manages Alibaba.com and 1688.com for wholesale transactions, along with AliExpress for international retail. Its services extend beyond e-commerce to cloud computing, digital media and entertainment, and local consumer services. Key assets include Cainiao, a logistics network, and Ele.me, a local delivery service. Additionally, Alibaba offers various marketing services, payment solutions, and operates content platforms such as Youku and Alibaba Pictures. As the world's largest online commerce entity by gross merchandise volume, Alibaba plays a crucial role in connecting consumers and businesses, facilitating transactions, and enhancing operational efficiencies through cutting-edge technology.

Xunlei Limited operates an Internet platform for digital media content in the People's Republic of China. The company’s platform is based on cloud technology that enables users to access, manage, and consume digital media content. It offers Xunlei Accelerator, which enables users to accelerate digital transmission over the Internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and cloud acceleration subscription services that offer users premium services through various products, such as Green Channel. The company also provides Mobile Xunlei, a mobile application that allows users to search, download, and consume digital media content on their mobile devices; Xunlei Media Player, which supports online and offline play of digital media content, as well as simultaneous play of digital media content while it is being transmitted by Xunlei Accelerator; online games through online game Website and mobile app; live video streaming and online advertising services; and cloud computing and other Internet value-added services. As of December 2019, its platform had approximately 88.3 million monthly unique visitors. The company was formerly known as Giganology Limited and changed its name to Xunlei Limited in January 2011. Xunlei Limited was founded in 2003 and is based in Shenzhen, the People's Republic of China.