IDG Capital

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

Xiaohui Cao

Partner

Cui Guangfu

Partner

Jun Fang

Partner

Mei Gao

Partner

Simon Ho

CFO

Bingjun Huangfu

Partner

Ning Kang

Managing Director

Jianguang Li

Partner

Xiaojun Li

Partner

Meng Lian

Partner

Yikun Liu

Partner

Jun Lou

Partner

Michelle Ma

Partner

Kuiguang Niu

Partner

Hugo Shong

Founding Chairman

Yuhan Sun

Vice President

Chen Tong

Partner

Xiao Wang

Partner

Shu Wang

General Partner

Jeacy Yan

Partner

Jin Yu Ph.D

Partner

Xinhua Yu

Partner

Antony Yung

Partner

Jianbin Zhang

Vice President

Suyang Zhang

Managing Partner

Maria Zhang

Venture Partner

Haitao Zhang

Managing Director

Zhiyong Zhen

Principal

Jian Zhu

Venture Partner

Peter Zhang Ph.D

Vice President

Past deals in B2C

Hangzhou Xingyun Digital Technology specializes in developing a SaaS platform focused on private domain intelligent marketing, primarily within the e-commerce retail sector. With nearly a decade of experience, the company aims to facilitate digital transformation for retail brands by leveraging the WeChat ecosystem. Its expertise in digital marketing is reflected in a suite of products, including a Customer Data Platform, Enterprise WeChat SCRM, and the DataMoore Big Data Development Platform. These tools create a comprehensive solution tailored to the specific needs of brands, allowing them to efficiently build and manage private domain traffic pools. By utilizing omnichannel data to analyze customer behavior, Xingyun Digital Technology helps merchants connect more effectively with users, ultimately enhancing traffic flow and increasing sales revenue.

Convert Lab

Series C in 2021
A marketing cloud that automates and personalizes marketing campaigns based on journeys of clients, and one that performs cross-channel management.

Baman

Series C in 2021
Baman is a producing and delivers packaged beef rice noodles. They operate a chain of offline rice noodle restaurants. They offer retail, e-commerce, and catering services. They aim to preserve and promote Hunan cuisine among youth.

Funiutang

Series C in 2021
Baman Beef Powder, fka Funiutang or F.N.T , is an O2O brand that specializes in Hunan beef noodles and instant beef powder. The company sells its products online and operates restaurants in Beijing.

Chehaoduo

Series E in 2021
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Cider

Series A in 2021
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

Bizongo

Series C in 2021
Bizongo is an online B2B marketplace focused on the packaging and material handling industries, offering solutions for packaging sourcing, distribution, inventory management, and design. Established in 2015 and headquartered in Mumbai, India, the company operates an automated supply chain platform that facilitates efficient inventory management while minimizing issues such as stockouts and excess inventory. Bizongo's vendor digitization platform enhances supply chain operations for made-to-order products, providing services such as digital vendor management, supply chain automation, and financing. By streamlining these processes, Bizongo helps businesses optimize their operations and reduce costs.

Cider

Angel Round in 2020
Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers. By integrating a pre-order option and educating the customer on the possibility of a zero-inventory future, Cider’s retail model is actively reducing the waste that often accompanies accessible fashion — without having to sacrifice affordability. It was founded in 2020 and is based in Hong Kong.

Zhizun Baowu

Series A in 2020
Developer of an mobile eCommerce platform for precious collectibles. The company's platform creates an easy to navigate, secure marketplace for jade items, tea sets and other collectibles, enabling business and collectors to trade.

Zhizun Baowu

Angel Round in 2020
Developer of an mobile eCommerce platform for precious collectibles. The company's platform creates an easy to navigate, secure marketplace for jade items, tea sets and other collectibles, enabling business and collectors to trade.

Club Factory

Series D in 2019
Club Factory operates an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. The company utilizes big data and artificial intelligence to scan the internet for factories selling products on major platforms like Wish, eBay, and Amazon, allowing it to compare prices from multiple sources. This approach enables Club Factory to present customers with the most competitive pricing options. In addition to enhancing the shopping experience for consumers, the platform also offers supply chain management solutions for enterprises, thereby streamlining the process of purchasing goods at lower prices.

Haoyiku

Series C in 2019
Haoyiku, founded in 2017 by Qiangqiang Wu and based in Hangzhou, China, operates as a community-based e-commerce platform specializing in apparel. The company is part of the Webuy/Jingling Group, which includes various brands and focuses on social e-commerce. Haoyiku allows merchants to share links to items for sale through WeChat, enabling customers to make direct purchases within the app. This business model leverages social media to enhance the shopping experience and facilitate connections between merchants and consumers.

Zhiketong Technology

Series C in 2019
Beijing Zhiketong Technology Co., Ltd. is a digital marketing agency established in 2014 that specializes in providing marketing services for the hospitality, leisure, and entertainment sectors. The company operates primarily through WeChat, offering a range of solutions that include direct-sale marketing strategies, digital marketing consultation, advertising, and comprehensive data analysis. Zhiketong Technology aims to enhance management efficiency and service quality for its partners while improving brand visibility. Additionally, the company develops a software-as-a-service (SaaS) platform that equips clients, such as hotels and tourism attractions, with tools for customer management, online marketing, and product design, thereby enabling them to attract more customers and increase revenue. Headquartered in Beijing, Zhiketong Technology plays a significant role in optimizing the operational capabilities of its clients in the competitive digital landscape.

Yicangyoupin

Angel Round in 2019
Yicang Youpin is engaged in the operation of domestic famous clothing brands, sports brands, business and leisure brands, shoes and leather goods brands, and children's wear brands. It has been involved in the new retail format of “multi-brand operation and cross-industry development”. Radiating the whole country with Xinxiang headquarters as the center, and franchise brand collection discount stores and brand collection stores in the domestic third- and fourth-tier cities and urban and rural layout lines, with the same business logo “Kamakura Excellent Products” for centralized sales, and entities The store drives the surrounding consumers to become online customers and brand promoters, and strives to create a new retail model of “stores + e-commerce + consumer ecosystem”.

Beidian

Series A in 2019
Beidian operates as an innovative e-commerce platform that connects consumers, shop owners, and suppliers, offering a diverse range of products including home goods, clothing, food, beauty items, and products for mothers and babies. Unlike traditional e-commerce platforms, Beidian emphasizes social sharing among users, fostering a three-way connection that enhances the shopping experience. The company adheres to a source supply chain model, collaborating closely with numerous high-quality brands, source factories, and agricultural bases worldwide. This approach ensures that consumers have access to premium products at competitive prices, allowing them to purchase better goods while spending less.

Shuashuakan

Angel Round in 2019
Beijing Shuashuakan Network Technology Co., Ltd. is a company that focuses on a short-video e-commerce application designed for user engagement in shopping experiences. Founded in 2018 and headquartered in Beijing, China, the platform allows users to share shopping-related videos, consume content, and interact through comments on videos shared by others. This model combines social interaction with e-commerce, enabling users to explore products and services in a visually engaging format.

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.

Haoyiku

Series B in 2018
Haoyiku, founded in 2017 by Qiangqiang Wu and based in Hangzhou, China, operates as a community-based e-commerce platform specializing in apparel. The company is part of the Webuy/Jingling Group, which includes various brands and focuses on social e-commerce. Haoyiku allows merchants to share links to items for sale through WeChat, enabling customers to make direct purchases within the app. This business model leverages social media to enhance the shopping experience and facilitate connections between merchants and consumers.

Haoyiku

Series B in 2018
Haoyiku, founded in 2017 by Qiangqiang Wu and based in Hangzhou, China, operates as a community-based e-commerce platform specializing in apparel. The company is part of the Webuy/Jingling Group, which includes various brands and focuses on social e-commerce. Haoyiku allows merchants to share links to items for sale through WeChat, enabling customers to make direct purchases within the app. This business model leverages social media to enhance the shopping experience and facilitate connections between merchants and consumers.

Zhiketong Technology

Series B in 2018
Beijing Zhiketong Technology Co., Ltd. is a digital marketing agency established in 2014 that specializes in providing marketing services for the hospitality, leisure, and entertainment sectors. The company operates primarily through WeChat, offering a range of solutions that include direct-sale marketing strategies, digital marketing consultation, advertising, and comprehensive data analysis. Zhiketong Technology aims to enhance management efficiency and service quality for its partners while improving brand visibility. Additionally, the company develops a software-as-a-service (SaaS) platform that equips clients, such as hotels and tourism attractions, with tools for customer management, online marketing, and product design, thereby enabling them to attract more customers and increase revenue. Headquartered in Beijing, Zhiketong Technology plays a significant role in optimizing the operational capabilities of its clients in the competitive digital landscape.

Xiangwushuo

Series B in 2018
Xiangwushuo operates an online platform that enables users to buy and sell unused items, facilitating the effective use of idle consumer goods. Based in Beijing, China, the platform also allows business owners to promote and sell their products online. Users can give away their products by providing information to the platform, while others can acquire these items by paying delivery fees and using reward points known as Little Red Flower. This system not only encourages transactions but also incentivizes user engagement through activities like inviting friends to join. Xiangwushuo thus promotes a circular economy by connecting individuals and businesses in the exchange of goods.

Haoyiku

Series B in 2018
Haoyiku, founded in 2017 by Qiangqiang Wu and based in Hangzhou, China, operates as a community-based e-commerce platform specializing in apparel. The company is part of the Webuy/Jingling Group, which includes various brands and focuses on social e-commerce. Haoyiku allows merchants to share links to items for sale through WeChat, enabling customers to make direct purchases within the app. This business model leverages social media to enhance the shopping experience and facilitate connections between merchants and consumers.

Haoyiku

Series B in 2018
Haoyiku, founded in 2017 by Qiangqiang Wu and based in Hangzhou, China, operates as a community-based e-commerce platform specializing in apparel. The company is part of the Webuy/Jingling Group, which includes various brands and focuses on social e-commerce. Haoyiku allows merchants to share links to items for sale through WeChat, enabling customers to make direct purchases within the app. This business model leverages social media to enhance the shopping experience and facilitate connections between merchants and consumers.

Kilobaser

Funding Round in 2018
Zhengzhou Ziel Network Technology Co., Ltd. operates as an e-commerce export business which provides products for household, outdoor, office, sports, home textiles, beauty, and pet supplies. Zhengzhou Ziel Network Technology Co., Ltd. was formerly known as Zhengzhou Zhiou Import and Export Trade Co., Ltd. The company was founded in 2007 and is based in Zhengzhou, China.

Yinchengku

Series B in 2018
Beijing Yinchengku Technology Co., Ltd. is a privately held company based in China that specializes in providing online business-to-business financial services. Founded in 2013, Yinchengku focuses on bill discounting and other related financial services. The company benefits from a management team with over a decade of experience in bill circulation services, positioning itself as a key player in the online finance sector.

Haoyiku

Series A in 2018
Haoyiku, founded in 2017 by Qiangqiang Wu and based in Hangzhou, China, operates as a community-based e-commerce platform specializing in apparel. The company is part of the Webuy/Jingling Group, which includes various brands and focuses on social e-commerce. Haoyiku allows merchants to share links to items for sale through WeChat, enabling customers to make direct purchases within the app. This business model leverages social media to enhance the shopping experience and facilitate connections between merchants and consumers.

Haoyiku

Series A in 2018
Haoyiku, founded in 2017 by Qiangqiang Wu and based in Hangzhou, China, operates as a community-based e-commerce platform specializing in apparel. The company is part of the Webuy/Jingling Group, which includes various brands and focuses on social e-commerce. Haoyiku allows merchants to share links to items for sale through WeChat, enabling customers to make direct purchases within the app. This business model leverages social media to enhance the shopping experience and facilitate connections between merchants and consumers.

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.

ezbuy

Series C in 2018
Ezbuy is a prominent online marketplace based in Singapore, specializing in cross-border e-commerce and offering a diverse range of products, including apparel, home furnishings, electronics, beauty products, and sporting goods. Founded in 2010, it connects consumers to international brands and sellers from countries such as China, the USA, Korea, and Taiwan, as well as local sources. The platform provides customers with a convenient shopping experience through its Global Marketplace, enabling access to popular online retailers like Taobao and Amazon. Ezbuy also offers various services aimed at enhancing customer satisfaction, including a subscription service for cost-effective shipping, same-day delivery options, and partnerships with local retail shops for improved parcel collection. Catering primarily to consumers in Singapore, Malaysia, Thailand, and Indonesia, ezbuy focuses on leveraging technology to deliver fast and efficient online shopping solutions.

BitKan

Series B in 2018
BitKan is a Bitcoin-focused data and trading services provider.

SEE Xiaodianpu

Series C in 2018
SEE Xiaodiaopu is a content commercialization alliance and small program e-commerce SaaS service platform. SEE helps thousands of people create "small program stores" and establishes a channel for the brand to enter WeChat and reach new users. SEE also helps with brand sales and reputation through content communication and marketing. SEE has partnered with more than 1000 brands, covering beauty, home, snacks, fashion, and curriculum categories. In addition, SEE has established exclusive cooperation with dozens of WeChat brands.

Zhiketong Technology

Series B in 2018
Beijing Zhiketong Technology Co., Ltd. is a digital marketing agency established in 2014 that specializes in providing marketing services for the hospitality, leisure, and entertainment sectors. The company operates primarily through WeChat, offering a range of solutions that include direct-sale marketing strategies, digital marketing consultation, advertising, and comprehensive data analysis. Zhiketong Technology aims to enhance management efficiency and service quality for its partners while improving brand visibility. Additionally, the company develops a software-as-a-service (SaaS) platform that equips clients, such as hotels and tourism attractions, with tools for customer management, online marketing, and product design, thereby enabling them to attract more customers and increase revenue. Headquartered in Beijing, Zhiketong Technology plays a significant role in optimizing the operational capabilities of its clients in the competitive digital landscape.

Club Factory

Series C in 2018
Club Factory operates an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. The company utilizes big data and artificial intelligence to scan the internet for factories selling products on major platforms like Wish, eBay, and Amazon, allowing it to compare prices from multiple sources. This approach enables Club Factory to present customers with the most competitive pricing options. In addition to enhancing the shopping experience for consumers, the platform also offers supply chain management solutions for enterprises, thereby streamlining the process of purchasing goods at lower prices.

Xiangwushuo

Series A in 2018
Xiangwushuo operates an online platform that enables users to buy and sell unused items, facilitating the effective use of idle consumer goods. Based in Beijing, China, the platform also allows business owners to promote and sell their products online. Users can give away their products by providing information to the platform, while others can acquire these items by paying delivery fees and using reward points known as Little Red Flower. This system not only encourages transactions but also incentivizes user engagement through activities like inviting friends to join. Xiangwushuo thus promotes a circular economy by connecting individuals and businesses in the exchange of goods.

Hunlimao

Series B in 2018
Provider of comprehensive wedding services. The company provides wedding banquet booking, wedding planning, photography services and etc., through the O2O (online to offline) business model, enabling customers to receive one-stop professional assistance for their wedding.

Chehaoduo

Series C in 2018
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Songxiaocai

Series B in 2018
Songxiaocai operates a mobile Internet platform that provides vegetable picking and distribution and after-sales service business to business services for small and medium size retailer.

Zhiketong Technology

Series A in 2017
Beijing Zhiketong Technology Co., Ltd. is a digital marketing agency established in 2014 that specializes in providing marketing services for the hospitality, leisure, and entertainment sectors. The company operates primarily through WeChat, offering a range of solutions that include direct-sale marketing strategies, digital marketing consultation, advertising, and comprehensive data analysis. Zhiketong Technology aims to enhance management efficiency and service quality for its partners while improving brand visibility. Additionally, the company develops a software-as-a-service (SaaS) platform that equips clients, such as hotels and tourism attractions, with tools for customer management, online marketing, and product design, thereby enabling them to attract more customers and increase revenue. Headquartered in Beijing, Zhiketong Technology plays a significant role in optimizing the operational capabilities of its clients in the competitive digital landscape.

YCloset

Series C in 2017
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.

Epet

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.

Lianshang

Series C in 2017
Lianshang operates an online platform dedicated to fabric trading, primarily serving the business-to-business market. This platform allows fabric manufacturers to bid for orders, facilitating a direct connection between producers and customers. It offers a range of services, including fabric purchasing, inspection and testing, and logistics support. Additionally, Lianshang's platform features a mobile application that can identify fabric colors and streamline the ordering process, enabling customers to purchase fabrics directly from manufacturers.

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.

YCloset

Series B in 2017
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.

PipeCandy

Seed Round in 2017
PipeCandy Inc. is a predictive sales prospecting platform that assists business-to-business sales representatives in identifying potential leads. The platform offers tools to find matching companies, key contacts, and deliver this information through API or flat files. Additionally, PipeCandy provides insights related to e-commerce and retail businesses, including inbound leads, outbound sales programs, and app publisher lists based on various parameters. The platform is designed to help organizations in retail, e-commerce, SaaS, and mobile sectors make informed decisions regarding marketing, sales, and corporate strategies. Established in 2015 and headquartered in Mountain View, California, PipeCandy aims to enhance sales effectiveness by predicting which leads are most likely to convert.

Club Factory

Series B in 2017
Club Factory operates an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. The company utilizes big data and artificial intelligence to scan the internet for factories selling products on major platforms like Wish, eBay, and Amazon, allowing it to compare prices from multiple sources. This approach enables Club Factory to present customers with the most competitive pricing options. In addition to enhancing the shopping experience for consumers, the platform also offers supply chain management solutions for enterprises, thereby streamlining the process of purchasing goods at lower prices.

Hunlimao

Series A in 2017
Provider of comprehensive wedding services. The company provides wedding banquet booking, wedding planning, photography services and etc., through the O2O (online to offline) business model, enabling customers to receive one-stop professional assistance for their wedding.

Bizongo

Series A in 2016
Bizongo is an online B2B marketplace focused on the packaging and material handling industries, offering solutions for packaging sourcing, distribution, inventory management, and design. Established in 2015 and headquartered in Mumbai, India, the company operates an automated supply chain platform that facilitates efficient inventory management while minimizing issues such as stockouts and excess inventory. Bizongo's vendor digitization platform enhances supply chain operations for made-to-order products, providing services such as digital vendor management, supply chain automation, and financing. By streamlining these processes, Bizongo helps businesses optimize their operations and reduce costs.

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.

PDD Holdings

Series B in 2016
PDD Holdings (Nasdaq: PDD) is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD Holdings has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses.

Songxiaocai

Series A in 2016
Songxiaocai operates a mobile Internet platform that provides vegetable picking and distribution and after-sales service business to business services for small and medium size retailer.

YCloset

Series A in 2016
YCloset was an online platform based in Beijing that offered a clothing rental and shopping service specifically for women. Founded in 2015, the platform allowed users to enroll for a monthly fee, enabling them to rent clothes and accessories without additional charges for individual items. YCloset operated in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen. The company partnered with over a hundred fashion brands to provide a diverse selection of rental options, helping women stay current with fashion trends without the need to purchase new clothing. However, YCloset announced its closure, ceasing operations by August 15, 2021.

Lianshang

Series B in 2016
Lianshang operates an online platform dedicated to fabric trading, primarily serving the business-to-business market. This platform allows fabric manufacturers to bid for orders, facilitating a direct connection between producers and customers. It offers a range of services, including fabric purchasing, inspection and testing, and logistics support. Additionally, Lianshang's platform features a mobile application that can identify fabric colors and streamline the ordering process, enabling customers to purchase fabrics directly from manufacturers.

ezbuy

Series B in 2016
Ezbuy is a prominent online marketplace based in Singapore, specializing in cross-border e-commerce and offering a diverse range of products, including apparel, home furnishings, electronics, beauty products, and sporting goods. Founded in 2010, it connects consumers to international brands and sellers from countries such as China, the USA, Korea, and Taiwan, as well as local sources. The platform provides customers with a convenient shopping experience through its Global Marketplace, enabling access to popular online retailers like Taobao and Amazon. Ezbuy also offers various services aimed at enhancing customer satisfaction, including a subscription service for cost-effective shipping, same-day delivery options, and partnerships with local retail shops for improved parcel collection. Catering primarily to consumers in Singapore, Malaysia, Thailand, and Indonesia, ezbuy focuses on leveraging technology to deliver fast and efficient online shopping solutions.

XY Mens

Series A in 2016
XY Mens is an e-commerce platform specializing in men's fashion products, headquartered in Beijing, China. Founded in 2014, the company offers a diverse range of categories including clothing, skincare, footwear, and accessories. Its platform features a discount zone, a gift area, and a duty-free import section, catering to various customer needs. Additionally, XY Mens publishes original content related to men's fashion and lifestyle, providing customers with the latest trends, clothing tips, and product guides. This approach aims to enhance the quality of life for male consumers by combining retail offerings with informative resources.
BDP (Business Data Platform) by a sea of production. Sea of ​​co-founded by former Baidu founding team members and executives, core team members from Baidu, Microsoft, IBM, EMC, Silicon Valley veteran Internet and IT experts, has received a number of top venture capital co-investment fund.

Songxiaocai

Series A in 2016
Songxiaocai operates a mobile Internet platform that provides vegetable picking and distribution and after-sales service business to business services for small and medium size retailer.

Hunlimao

Series A in 2015
Provider of comprehensive wedding services. The company provides wedding banquet booking, wedding planning, photography services and etc., through the O2O (online to offline) business model, enabling customers to receive one-stop professional assistance for their wedding.

AGORAB2B

Series B in 2015
AGORA is a B2B e-commerce platform that offers expertise in the areas of B2B portal development. AGORA helps small and medium scale businesses in monitoring stock availability and goods prices, allowing businesses to make online reservations in the supplier's enterprise resource planning (ERP) software.

Baifendian

Series D in 2015
Baifendian Information Technology Co., Ltd. is a Beijing-based company specializing in big data technology and application services. Founded in 2009, it provides a Software-as-a-Service platform that enables enterprises to effectively manage their data assets. The company offers a range of services, including big data management and integration solutions tailored for various sectors such as banking, insurance, manufacturing, retail, and government. Baifendian is also known for developing recommendation engines and comprehensive databases, particularly focusing on e-commerce optimization through tools like the Baifendian Recommendation Engine and Baifendian Analytics Engine. With strategic partnerships with major technology firms and collaboration with over 300 e-commerce sites, Baifendian plays a significant role in enhancing business intelligence and traffic conversion for its clients. The company has branch offices in several Chinese cities, including Shenzhen, Shenyang, Hangzhou, Shanghai, and Guangzhou.

PDD Holdings

Series A in 2015
PDD Holdings (Nasdaq: PDD) is a multinational commerce group that owns and operates a portfolio of businesses. PDD Holdings aims to bring more businesses and people into the digital economy so that local communities and small businesses can benefit from the increased productivity and new opportunities. PDD Holdings has built a network of sourcing, logistics, and fulfillment capabilities, that support its underlying businesses.

YouChe.com

Series B in 2015
YouChe.com is a Chinese online trading platform specializing in second-hand cars. It operates under a business-to-consumer (B2C) and online-to-offline (O2O) model, facilitating the trading of used vehicles. The platform offers a comprehensive range of services, including vehicle trading and financing options, to assist customers in their purchasing decisions. By combining digital and physical elements, YouChe.com aims to streamline the process of buying and selling second-hand cars, catering to the needs of both individual consumers and the broader automotive market.

SEE Xiaodianpu

Series A in 2015
SEE Xiaodiaopu is a content commercialization alliance and small program e-commerce SaaS service platform. SEE helps thousands of people create "small program stores" and establishes a channel for the brand to enter WeChat and reach new users. SEE also helps with brand sales and reputation through content communication and marketing. SEE has partnered with more than 1000 brands, covering beauty, home, snacks, fashion, and curriculum categories. In addition, SEE has established exclusive cooperation with dozens of WeChat brands.

Yinchengku

Series B in 2015
Beijing Yinchengku Technology Co., Ltd. is a privately held company based in China that specializes in providing online business-to-business financial services. Founded in 2013, Yinchengku focuses on bill discounting and other related financial services. The company benefits from a management team with over a decade of experience in bill circulation services, positioning itself as a key player in the online finance sector.

Shunshun Education

Series A in 2015
Beijing Shunshunbida Information Consulting is providing professional counseling services to students who desire to study abroad through its online-to-offline platform.

Nattitude

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

Silkcloud

Series A in 2015
Highly scalable eCommerce platform for retail companies and technology companies. Built out app store for a very prominent tech company.

700Bike

Series A in 2015
700Bike Inc. is an online platform based in Beijing, China, dedicated to promoting cycling culture and lifestyle. Founded in 2012, the company aims to blend fashion and trend with cycling, encouraging a modern approach to exercise and transportation. It serves as a community hub for cycling enthusiasts, fostering a deeper appreciation of bicycle culture through various events and media initiatives. Over its early years, 700Bike established itself as a pioneer in the cycling media sector, hosting influential events that attracted nearly 10,000 participants. In addition to its cultural initiatives, 700Bike also designs and manufactures a range of innovative bicycles that cater to the growing consumer demand for stylish and practical cycling options.

56xiaomi

Series A in 2015
Provider of an online to offline transportation service platform. The company offers new trading system which provides online to offline car service for logistics and freight forwarding industry.

Lianshang

Series A in 2015
Lianshang operates an online platform dedicated to fabric trading, primarily serving the business-to-business market. This platform allows fabric manufacturers to bid for orders, facilitating a direct connection between producers and customers. It offers a range of services, including fabric purchasing, inspection and testing, and logistics support. Additionally, Lianshang's platform features a mobile application that can identify fabric colors and streamline the ordering process, enabling customers to purchase fabrics directly from manufacturers.

Smart Order

Angel Round in 2015
Developer of order management system designed for homestays, hotels, and the B&B market. The company's systems and platform implements information management through data processing, technology optimization, and management processes, enabling accommodation businesses to obtain an order management system and increase work efficiency.
BDP (Business Data Platform) by a sea of production. Sea of ​​co-founded by former Baidu founding team members and executives, core team members from Baidu, Microsoft, IBM, EMC, Silicon Valley veteran Internet and IT experts, has received a number of top venture capital co-investment fund.

BeiBei

Series C in 2015
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates an e-commerce platform specializing in maternal and infant products. The company offers a wide range of everyday discount sales for women's and children's clothing, accessories, diapers, household goods, and toys. BeiBei aims to position itself as a leading technology retail platform, leveraging the expertise of its founding team, which has roots in Alibaba. The company has attracted significant venture capital investment from prominent firms, further supporting its growth in the competitive e-commerce sector.

Bilibili

Series B in 2015
Bilibili Inc. is an online entertainment platform based in Shanghai, China, catering primarily to the younger generation. Founded in 2009, the company has evolved from a niche content community focused on anime, comics, and games (ACG) into a comprehensive entertainment hub that offers a diverse range of media formats, including videos, live broadcasts, and mobile games. Bilibili emphasizes high-quality content and aims to create immersive experiences that foster strong emotional connections among its users. The platform features a unique interactive playback system that allows for real-time subtitle overlays, enhancing user engagement. Additionally, Bilibili has established a strategic collaboration with Tencent for the sharing and operation of anime and games, further expanding its content offerings and reach within the Chinese market.

ezbuy

Series A in 2014
Ezbuy is a prominent online marketplace based in Singapore, specializing in cross-border e-commerce and offering a diverse range of products, including apparel, home furnishings, electronics, beauty products, and sporting goods. Founded in 2010, it connects consumers to international brands and sellers from countries such as China, the USA, Korea, and Taiwan, as well as local sources. The platform provides customers with a convenient shopping experience through its Global Marketplace, enabling access to popular online retailers like Taobao and Amazon. Ezbuy also offers various services aimed at enhancing customer satisfaction, including a subscription service for cost-effective shipping, same-day delivery options, and partnerships with local retail shops for improved parcel collection. Catering primarily to consumers in Singapore, Malaysia, Thailand, and Indonesia, ezbuy focuses on leveraging technology to deliver fast and efficient online shopping solutions.

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.
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