IDG Capital

work with private equity and venture capital fund managers, investment advisors and business entities from around the world.

Guangfu Cui

Partner

Qiang Dai

MD

Mei Gao

Partner

Young Guo

Partner

Simon Ho

CFO

Jianguang Li

Partner

Meng Lian

Partner

Dongliang Lin

Partner

Richard L. Schmalensee

Director

Chen Tong

Vice President

Xin Wang

Legal Counsel

Fei Yang

Director of IPO Division

Jin Yu

Partner

Ping Zhai

Partner

Jianbin Zhang

Venture Partner

Sai Zhang

Executive Director

Qiuyue Zhong

Partner

Quan Zhou

Managing Partner

Past deals in Asia

Changmugu Medical

Series B in 2021
Beijing Changmugu Medical Technology Co., Ltd. is a healthcare start-up that specializes in artificial intelligence solutions for orthopedic procedures. The company focuses on the research and development of AI-assisted diagnostic tools and individualized surgical plans, enhancing the accuracy and safety of orthopedic surgeries. Their offerings include 3D printing patient-specific instrumentation for surgical navigation, as well as post-operative intelligent evaluation services. By leveraging deep learning technologies, Changmugu Medical aims to facilitate safer and more stable operations for patients, ultimately improving outcomes in orthopedic care.

Weipaitang

Series B in 2021
Hangzhou Weipaitang Culture and Creativity Co., Ltd. operates an online auction platform specializing in the trade of antiques, artwork, and paintings. The platform facilitates transactions through live streaming, creating a convenient and efficient trading environment for users. It is designed to ensure accurate user engagement, rapid delivery, and high turnover rates among bidders. The company is based in Hangzhou, China, and emphasizes fast payment processing and high rates of repeat purchases, contributing to a robust marketplace for antique items.

Fengtai Technology

Series A in 2021
Fengtai Technology (Beijing) Co., Ltd. specializes in chemical control safety consulting and evaluation services aimed at enhancing the information security of critical industrial infrastructure. The company offers a range of services, including environment safety support, offensive and defensive drills, industrial control security, and training. Additionally, it provides assessment and audit services, planning and design, endpoint protection, and emergency response and recovery solutions. Fengtai Technology serves a diverse clientele that includes government agencies, industrial sectors, design and research institutes, as well as hardware and software manufacturers. Based in Beijing, China, the company utilizes visual, process-oriented, and customized tools to facilitate effective risk management and ensure reliable operational support for its clients.

Tangdou

Series C in 2019
Tangdou is a Chinese Senior Citizen Dance Video FirmTangdou Guangchangwu conducts dance lessons. The firm is headquartered in China..

Jijixian

Series A in 2019
Jijixian is a company based in Wuhan, China, that specializes in providing an e-commerce platform focused on fresh produce. The firm offers a delivery service that connects consumers with high-quality fresh food products, facilitating convenient access to these goods through its online platform. By streamlining the purchasing process, Jijixian aims to enhance the shopping experience for customers seeking fresh produce in the digital marketplace.

Songshu Pinpin

Series B in 2019
Songshupinpin.com operates an e-commerce platform for community group buying. The community was founded in 2016 and is based in Beijing, China.

Songshu Pinpin

Series A in 2018
Songshupinpin.com operates an e-commerce platform for community group buying. The community was founded in 2016 and is based in Beijing, China.

Meng Fan Japanese

Series A in 2018
Meng Fan Japanese is an online education platform.

Zailouxia

Series A in 2018
Beijing Zailouxia Technology Co., Ltd. operates an unmanned convenience store that provides a range of products, including snacks, fresh produce, and groceries. Founded in 2017 and based in Beijing, China, the company utilizes an Online-to-Offline (O2O) model, allowing customers to access its online portal through a WeChat mini program. This approach enhances convenience for users by integrating online shopping with physical store experiences.

Youxi Movie Hotel

Series A in 2018
Movie themed hotel operator based in China.

Sanjieke

Series A in 2018
Sanjieke Information Consulting (Beijing) Co., Ltd., founded in 2015 and based in Beijing, China, operates as an online education platform focused on providing services to IT professionals. The company specializes in delivering educational resources and training designed to enhance the skills and knowledge of individuals in the technology sector.

Yilan

Seed Round in 2018
Beijing Yilan Technology Co., Ltd. a private company that owns a video streaming platform. The firm is headquartered in Beijing, China.

Guomai

Series B in 2018
Guomai Culture Media Co., Ltd. is a company based in Hangzhou, China, specializing in book planning, distribution, and digital content. Established in 2012, it focuses on producing and distributing a variety of cultural products, including literature, children's books, and social sciences. The company collaborates closely with notable authors and scholars to enhance its offerings, which also include film and television projects. Guomai aims to cater to the interests of the new middle class by providing quality multimedia content across several genres, such as history and science. Originally known as Hangzhou Guomai Culture Media Company, it rebranded in December 2017 to reflect its broader mission and scope in the cultural media landscape.

Guoxiaomei

Series C in 2017
Guoxiaomei is a self-service smart shelf business operator that places snack bars in corporate offices, including Alibaba, China Telecom, Focus Media, and Tencent.

Guoxiaomei

Series A in 2017
Guoxiaomei is a self-service smart shelf business operator that places snack bars in corporate offices, including Alibaba, China Telecom, Focus Media, and Tencent.

Guoxiaomei

Series A in 2017
Guoxiaomei is a self-service smart shelf business operator that places snack bars in corporate offices, including Alibaba, China Telecom, Focus Media, and Tencent.

Epet.com

Series B in 2017
Chongqing Yichong Technology Co., Ltd. operates a pet e-commerce platform. The firm was founded in 2008 and is headquartered in Chongqing, China.

Mashang Consumer Finance

Series B in 2017
Mashang Consumer Finance Co., Ltd is a licensed financial institution by CBIRC (China Banking and Insurance Regulatory Commission). It officially opened in June, 2015, with a uniquely diverse and empowering shareholder structure that consists of SOEs such as CBEST and Bank of Chongqing, as well as civil entities like Wu-Mart, Sunshine Insurance Group and China Commodities City Group. It completed 3 rounds of expansion and financing in 2016, 2017 and 2018 in a line. The registered capital reaches 4 billion RMB.

Guoxiaomei

Angel Round in 2017
Guoxiaomei is a self-service smart shelf business operator that places snack bars in corporate offices, including Alibaba, China Telecom, Focus Media, and Tencent.

Hehuan Yiliao

Series A in 2017
Beijing Hehuan Medical Technology Co., Ltd. offers online medical consultation services. The company is based in Beijing, China.

Xiaolu Clinic

Series B in 2017
Xiaolu Clinic is an online platform connecting traditional Chinese medicine providers with consumers. It offers online traditional Chinese medicine consultancy services for patients with chronic disease and those suffering from sub-optimal health, areas that traditional Chinese medicine might treat with herbal mixtures and dietary augmentation. Users can be evaluated by traditional Chinese medicine doctors and purchase herbal remedies online, as well as engage in treatment monitoring and post-treatment analysis. It also provides health management services for staff at big companies, including Baidu Inc., China Life Insurance (Group) Co., and Tencent Holdings Ltd. The Beijing-based company was founded in 2016.

Egret Technology

Post in 2017
Beijing Egret Century Technology Corporation Limited provides technical solutions and services to build an open, pragmatic, and prosperous HTML5 mobile ecosystem. The company was founded in 2014 and is based in Beijing, China.

Tangdou

Series B in 2016
Tangdou is a Chinese Senior Citizen Dance Video FirmTangdou Guangchangwu conducts dance lessons. The firm is headquartered in China..

Songshu Pinpin

Seed Round in 2016
Songshupinpin.com operates an e-commerce platform for community group buying. The community was founded in 2016 and is based in Beijing, China.

Daling

Series C in 2016
Daling owns and operates mobile shopping application. The company is based in Beijing, China.

Pinduoduo

Series B in 2016
Pinduoduo Inc. operates an e-commerce platform based in Shanghai, China, which facilitates group buying deals primarily through the WeChat app. Founded in 2015, Pinduoduo offers a wide variety of products, including apparel, footwear, bags, mother and childcare items, food and beverages, fresh produce, electronics, furniture, cosmetics, and sports equipment. The platform emphasizes social interaction in shopping, allowing users to collaborate on purchases to secure better deals. Since its inception, Pinduoduo has positioned itself as a major player in the competitive Chinese e-commerce landscape.
WonderFull (Wandou Gongzhu) provides the most accurate and professional Japanese products and services.

Xiaolu Clinic

Series A in 2016
Xiaolu Clinic is an online platform connecting traditional Chinese medicine providers with consumers. It offers online traditional Chinese medicine consultancy services for patients with chronic disease and those suffering from sub-optimal health, areas that traditional Chinese medicine might treat with herbal mixtures and dietary augmentation. Users can be evaluated by traditional Chinese medicine doctors and purchase herbal remedies online, as well as engage in treatment monitoring and post-treatment analysis. It also provides health management services for staff at big companies, including Baidu Inc., China Life Insurance (Group) Co., and Tencent Holdings Ltd. The Beijing-based company was founded in 2016.

ZhongSou

Series A in 2016
ZhongSou (北京中搜在线软件有限公司) is a provider of internet services and is focused on search engine technology. It provides large numbers of users with one-stop personalized internet services while providing medium and small-sized enterprises with personalized internet marketing services. ZhongSou has provided search engine technology servicse for domestic mainstream portals such as Sina, TOM, Netease, and for more than one thousand websites of China Search Alliance in different regions and industries.

Time Of Vitual Reality

Angel Round in 2016
Time of Virtual Reality develops virtual reality games. The company is based in China.

Fang.com

Post in 2015
Fang.com is a real estate Internet portal in China in terms of the number of page views and visitors to its websites.

Pinduoduo

Series A in 2015
Pinduoduo Inc. operates an e-commerce platform based in Shanghai, China, which facilitates group buying deals primarily through the WeChat app. Founded in 2015, Pinduoduo offers a wide variety of products, including apparel, footwear, bags, mother and childcare items, food and beverages, fresh produce, electronics, furniture, cosmetics, and sports equipment. The platform emphasizes social interaction in shopping, allowing users to collaborate on purchases to secure better deals. Since its inception, Pinduoduo has positioned itself as a major player in the competitive Chinese e-commerce landscape.

Yami

Angel Round in 2015
Beijing Yami Network Technology Co., Ltd. is a company based in Beijing, China, established in 2006. It operates a mobile application designed for chefs, focusing on enhancing their culinary experience. Yami is dedicated to creating China's largest high-end food and beverage trading platform, facilitating access to premium products in the industry.

Nattitude

Angel Round in 2015
An E-commerce Platform based in Guangzhou,China.

Cardoc

Venture Round in 2014
Cardoc Inc. is a South Korean company that specializes in providing a mobile application for car body repair services. Founded in 2013 and based in Seoul, the application allows users to upload photographs of their vehicle's exterior damage to receive free repair estimates and text consultations from selected auto body shops in real time. Users can obtain their first estimate within an average of seven minutes and compare multiple offers without needing to register personal information. Over a 15-month service period, Cardoc processed transactions totaling $3.5 million, with registered stores experiencing significant growth rates of 30-100% monthly. The founding team comprises automotive enthusiasts who received support from Daum NIS, a startup incubation organization.

Yetang

Series A in 2014
Yetang is a Chinese e-commerce platform for young people in China to discover, engage with, and shop independent designers. In 2014, Yetang sold 110,000 products from 800 designers in 34 countries.

Daling

Series B in 2014
Daling owns and operates mobile shopping application. The company is based in Beijing, China.

Yetang

Angel Round in 2014
Yetang is a Chinese e-commerce platform for young people in China to discover, engage with, and shop independent designers. In 2014, Yetang sold 110,000 products from 800 designers in 34 countries.

Light Chaser Animation

Series B in 2014
Light Chaser Animation Studios, founded in March 2013 and based in Beijing, China, specializes in the production of animated films infused with Chinese cultural elements. Established by Gary Wang, the former CEO of Tudou.com, the studio aims to create world-class animated features by combining artistic innovation with strong business management. The team at Light Chaser Animation is composed of talented professionals from both China and abroad, fostering a collaborative environment that emphasizes artistic and technical excellence. By aligning its productions with contemporary audience trends, the studio seeks to engage and entertain a broad range of viewers.

Zhubajie

Series B in 2014
Zhubajie is the largest online service market in China. Since its inception in 2006, Zhubajie has been doing non-standard service trading, rather than selling standardized goods. As China's earliest professional skills-sharing economic platform, the Zhubajie network has gathered more than 10 million professional skills and institutions. More than six million businesses have used the Zhubajie network to find professionals to do professional things, buy logo designs, programming, intellectual property, finance and other life-cycle services.

Silvrr

Angel Round in 2014
Silvrr is a smartphone application that aims to provide a convenient, fast and secured option for migrant workers to send money to the Philippines.

Daling

Series A in 2014
Daling owns and operates mobile shopping application. The company is based in Beijing, China.

Light Chaser Animation

Series A in 2013
Light Chaser Animation Studios, founded in March 2013 and based in Beijing, China, specializes in the production of animated films infused with Chinese cultural elements. Established by Gary Wang, the former CEO of Tudou.com, the studio aims to create world-class animated features by combining artistic innovation with strong business management. The team at Light Chaser Animation is composed of talented professionals from both China and abroad, fostering a collaborative environment that emphasizes artistic and technical excellence. By aligning its productions with contemporary audience trends, the studio seeks to engage and entertain a broad range of viewers.

Ejoy Technology

Venture Round in 2013
EJOY Guangzhou is a Chinese company focused on entertainment through the development of online games. Its business model focuses on independent R&D, cooperative development, and agency operations. One of its games, “Douro Continent,"" has received more than 60 million clicks. EJOY was founded by Zhan Zhonghui and is based in Guangzhou, China.

Baiyaxuan

Venture Round in 2011
Baiyaxuan is an institution dealing with artist promotion, artistic copyright, and artwork comprehensive operation in China. Baiyaxuan devotes itself to popularizing the art of valuable and potential artists in China, promoting the innovative practice of art industrialization and establishing a worldwide integrated operational platform with top artistic resource and artwork. Baiyaxuan Cultural Art Institution has realized chain operation, brand building, and internationalization, and it has 7 subordinate galleries in total. Its core business covers chain gallery, art copyright development, woodcut industry foundation, art authorization, artwork investments and collections, Chinese and foreign culture communication, and high-end cultural products. Beijing, Shanghai and Hong Kong is the center of its operations and the company establishes an operational system covering all over China.

Leho

Venture Round in 2011
Leho Online (Beijing) Network Technology Co., Ltd. owns and operates an online based fashion platform. The company is based in Beijing, China.

Zhubajie

Series A in 2011
Zhubajie is the largest online service market in China. Since its inception in 2006, Zhubajie has been doing non-standard service trading, rather than selling standardized goods. As China's earliest professional skills-sharing economic platform, the Zhubajie network has gathered more than 10 million professional skills and institutions. More than six million businesses have used the Zhubajie network to find professionals to do professional things, buy logo designs, programming, intellectual property, finance and other life-cycle services.

China Outfitters Holdings

Venture Round in 2010
China Outfitters Holdings Limited is a rapidly expanding company specializing in the design, production, marketing, and sales of apparel in China, with a particular emphasis on menswear. The company provides a diverse selection of men's casual wear, including smart casual, outdoor leisure, and accessories, targeting middle- and high-income consumers. It operates under several internationally recognized brands, including licensed offerings from the Santa Barbara Polo & Racquet Club. Through its extensive product range, the company aims to meet the evolving fashion needs of its clientele in the competitive apparel market.

Jiumaojiu

Series A in 2010
Jiumaojiu International Holdings Limited operates as a Chinese cuisine restaurant brand manager and operator in the People’s Republic of China. As of December 31, 2019, it operated 292 restaurants and managed 44 franchised restaurants covering 40 cities in 16 provinces and four municipalities in the People’s Republic of China under the Jiu Mao Jiu, Tai Er, Double Eggs, Cooking Spicy Kebab, and Uncle Chef brands. The company was founded in 1995 and is headquartered in Guangzhou, the People’s Republic of China.

Chamate

Series C in 2008
Chamate is a modern metropolitan tea catering service provider focused on promoting Taiwanese cuisine and tea. Chamate opened their first restaurant in 2002 in Shanghai and later expanded to Beijing, Hangzhou, Nanjing, Suzhou, Shenyang, Shenzhen, Guangzhou, Ningbo, Wuxi, Yiwu, Changzhou, Wuhan and Tianjin. As of August 2011, there are about 100 stores in all major Cities across China.

Huazhu Hotels Group

Series B in 2008
China Lodging Group is a leading and fast-growing multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, we directly operate hotels typically located on leased properties. Under the manachise model, we manage manachised hotels through the on-site hotel managers we appoint and collect fees from franchisees.

Huazhu Hotels Group

Series A in 2007
China Lodging Group is a leading and fast-growing multi-brand hotel group in China with leased, manachised and franchised models. Under the lease model, we directly operate hotels typically located on leased properties. Under the manachise model, we manage manachised hotels through the on-site hotel managers we appoint and collect fees from franchisees.

Ocean Butterflies

Series B in 2007
Ocean Butterflies International is a comprehensive independent music company in Asia. Ocean Butterflies comprises of major businesses that include record labels, music production, product branding, artist management, concert organizing, mobile distribution, licensing network, digital music platform, music school, artist training, marketing, and event organization companies. Established in 1986 in Singapore, Ocean Butterflies now operates in five regions: Mainland China, Hong Kong, Taiwan, Singapore, and Malaysia.

Cyzone

Angel Round in 2007
Cyzone.cn is the exclusive Chinese partner of the start-up publication Entrepreneur Magazine. Cyzone.cn aims to help Chinese entrepreneurs promote the growth of China’s medium- and small-sized enterprises. It holds various activities to help entrepreneurs build up their partnership networks and business resources, serving as a community for Chinese entrepreneurs. Through Entrepreneur Magazine, CyZone is introduced to the latest news on business opportunities and foreign entrepreneurs’ successful experiences. As a media platform serving Chinese startup companies, Cyzone helps them get better integrated into the world’s business environment and expand their business globally.

MIG China

Series B in 2007
MIG China Co., Ltd. is a Chinese mobile game entertainment company. Since its inception in 2005, MIG China has gradually created a production line that integrates independent design, original art design, as well as engine development. Consequently, it has constantly launched high-level and high-quality games to the market and many of its games have garnered the distinction of first class in evaluations by authoritative media. The research and development base of MIG China is on a high-speed development process.

Chamate

Series B in 2006
Chamate is a modern metropolitan tea catering service provider focused on promoting Taiwanese cuisine and tea. Chamate opened their first restaurant in 2002 in Shanghai and later expanded to Beijing, Hangzhou, Nanjing, Suzhou, Shenyang, Shenzhen, Guangzhou, Ningbo, Wuxi, Yiwu, Changzhou, Wuhan and Tianjin. As of August 2011, there are about 100 stores in all major Cities across China.

China Communications Services

Private Equity Round in 2006
China Communications Services Corporation, Ltd. (CCS) is a provider of network construction, outsourcing, content application, and other services for communication operators, media operators, equipment manufacturers, private wire network, government agency and enterprises, and institutions in China. China Communications Services is the first productive service enterprise in the communication industry that went public abroad. The company is approved by the State Council and State-owned Assets Supervision and Administration Commission, which is registered in the State Administration for Industry and Commerce.

DangDang

Series C in 2006
DangDang Inc. is a prominent business-to-consumer e-commerce company based in Beijing, China, established in 1999. Initially focusing on online book sales, it became a leading book retailer in the country, offering a wide selection of approximately 930,000 books and media products. Over the years, DangDang expanded its offerings to include a diverse range of general merchandise, such as beauty and personal care items, home and lifestyle products, apparel, and consumer electronics. The company operates a marketplace program that allows third-party merchants to sell their products on its platform, presenting customers with a total of over 113,000 stock keeping units of merchandise. With a robust logistics network comprising 19 fulfillment centers, DangDang ensures efficient delivery services across the nation, catering to a large and growing customer base.

Ocean Butterflies

Series A in 2006
Ocean Butterflies International is a comprehensive independent music company in Asia. Ocean Butterflies comprises of major businesses that include record labels, music production, product branding, artist management, concert organizing, mobile distribution, licensing network, digital music platform, music school, artist training, marketing, and event organization companies. Established in 1986 in Singapore, Ocean Butterflies now operates in five regions: Mainland China, Hong Kong, Taiwan, Singapore, and Malaysia.

BlogCN

Series C in 2005
BlogCN.com, formerly known as Zhongguoboke.com, is a free blog hosting service provider in China. BlogCN has built the world's largest Chinese blog community, blog hosting service, and blog search engine. Its internet portal offers free blog space, and both free and fee-based (VIP) blog hosting services to Chinese bloggers. BolgCN also provides a functional blogging platform for its users using its modern blogging culture.

BlogCN

Series B in 2005
BlogCN.com, formerly known as Zhongguoboke.com, is a free blog hosting service provider in China. BlogCN has built the world's largest Chinese blog community, blog hosting service, and blog search engine. Its internet portal offers free blog space, and both free and fee-based (VIP) blog hosting services to Chinese bloggers. BolgCN also provides a functional blogging platform for its users using its modern blogging culture.

Chamate

Series A in 2005
Chamate is a modern metropolitan tea catering service provider focused on promoting Taiwanese cuisine and tea. Chamate opened their first restaurant in 2002 in Shanghai and later expanded to Beijing, Hangzhou, Nanjing, Suzhou, Shenyang, Shenzhen, Guangzhou, Ningbo, Wuxi, Yiwu, Changzhou, Wuhan and Tianjin. As of August 2011, there are about 100 stores in all major Cities across China.

Tianya.cn

Series A in 2005
Tianya Community Network Technology Co.,Ltd. owns and operates information and e-commerce platform in China. Its website features various channels, such as real estate, talent, news, automobiles, home improvement, urban consumption, education, health, and classified information. Tianya Community Network Technology Co.,Ltd. was formerly known as Hainan Tianya Community Network Technology Co., Ltd. and changed its name to Tianya Community Network Technology Co.,Ltd. in December 2014. The company was founded in 1999 and is based in Haikou, China with branches in Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Chongqing, Xiamen, Qingdao, Guiyang, and Nanning, China; Singapore; and the United States.

ZhongSou

Series A in 2005
ZhongSou (北京中搜在线软件有限公司) is a provider of internet services and is focused on search engine technology. It provides large numbers of users with one-stop personalized internet services while providing medium and small-sized enterprises with personalized internet marketing services. ZhongSou has provided search engine technology servicse for domestic mainstream portals such as Sina, TOM, Netease, and for more than one thousand websites of China Search Alliance in different regions and industries.

HiChina

Series B in 2005
HiChina is a provider of a wide range of web-based services that include web hosting, domain registration, enterprise email solutions, corporate web design, e-commerce consultation, and web site management assistance. HiChina currently hosts and manages more than three million English and Chinese web domains, while also providing a half a million businesses with web sites and enterprise email services. HiChina received 100 million RMB investment from IDG and Newbridge Capital in early 2005. HiChina is a domain registrar that is accredited by both ICANN (Internet Corporation for Names and Numbers) and CNNIC (China Internet Network Information Center), both of which are the highest internet administrative organizations in the world. Founded in 1996, HiChina is a subsidiary of Alibaba.

BlogCN

Series A in 2004
BlogCN.com, formerly known as Zhongguoboke.com, is a free blog hosting service provider in China. BlogCN has built the world's largest Chinese blog community, blog hosting service, and blog search engine. Its internet portal offers free blog space, and both free and fee-based (VIP) blog hosting services to Chinese bloggers. BolgCN also provides a functional blogging platform for its users using its modern blogging culture.

Beijing Booksir

Venture Round in 2002
"Beijing Booksir Company (北京书生公司) is a Chinese software company engaged in replacing traditional paper with digital technology and providing related technologies and services. The national ministries and commissions, provincial governments, and more than 100 enterprises are clients of the company, while a total of about hundreds of millions of government documents have adopted the SEP technology of the company. Booksir also provides solutions in the areas of electronic official document, digital library, file management, and more. It always takes independent innovation as the core competitiveness of the company’s development and its applications of patents in China, the United States, Europe, and Japan have accumulated several hundred users. Booksir was founded in 1996.

Chinaedu

Series A in 2000
Established in 1999, ChinaEdu Corporation is a leading educational services provider in China. The Company’s American Depositary Shares (ADSs) were first listed on the Nasdaq Global Market under the symbol CEDU on December 11, 2007. Their primary business is to provide comprehensive services for the online degree programs of leading Chinese universities. They are the largest online degree service provider in terms of both the number of institutions that they serve and the number of student enrollments. In 2008, ChinaEdu won China's Most Influential Education Group award at the annual Tencent China Education Industry Review. ChinaEdu along with its Online Tutoring subsidiary and selected online university partners received additional awards from the annual Tencent China Education Industry Review and the annual Sina China Education Survey.

Baidu

Series B in 2000
Baidu, founded in 2000 and headquartered in Beijing, is the largest internet search engine in China, holding over 50% of the market share. The company provides a range of services including online search, community search, news and image searches, and navigation services. Its key products include Baidu Webpage, Baidu Video, Baidu Map, and BaiduPedia, among others. A significant portion of Baidu's revenue, approximately 72% in 2023, comes from online marketing services related to its search engine. In addition to its core search engine business, Baidu is also focused on technology-driven initiatives such as artificial intelligence, cloud services, video streaming, voice recognition, and autonomous driving. The company manages investment funds targeting information technology and related sectors, further diversifying its business operations.

DangDang

Series A in 2000
DangDang Inc. is a prominent business-to-consumer e-commerce company based in Beijing, China, established in 1999. Initially focusing on online book sales, it became a leading book retailer in the country, offering a wide selection of approximately 930,000 books and media products. Over the years, DangDang expanded its offerings to include a diverse range of general merchandise, such as beauty and personal care items, home and lifestyle products, apparel, and consumer electronics. The company operates a marketplace program that allows third-party merchants to sell their products on its platform, presenting customers with a total of over 113,000 stock keeping units of merchandise. With a robust logistics network comprising 19 fulfillment centers, DangDang ensures efficient delivery services across the nation, catering to a large and growing customer base.

Fang.com

Series A in 1999
Fang.com is a real estate Internet portal in China in terms of the number of page views and visitors to its websites.

HiChina

Venture Round in 1999
HiChina is a provider of a wide range of web-based services that include web hosting, domain registration, enterprise email solutions, corporate web design, e-commerce consultation, and web site management assistance. HiChina currently hosts and manages more than three million English and Chinese web domains, while also providing a half a million businesses with web sites and enterprise email services. HiChina received 100 million RMB investment from IDG and Newbridge Capital in early 2005. HiChina is a domain registrar that is accredited by both ICANN (Internet Corporation for Names and Numbers) and CNNIC (China Internet Network Information Center), both of which are the highest internet administrative organizations in the world. Founded in 1996, HiChina is a subsidiary of Alibaba.