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 Hospitality

Wenheyou

Series B in 2021
Wenheyou operates a range of food and beverage brands.

Wenheyou

Series A in 2021
Wenheyou operates a range of food and beverage brands.

H Hotel

Corporate Round in 2019
H Chain Hotel is committed to helping all kinds of existing single-family hotels in China to increase revenue through membership system and revenue management. Through talent empowerment, technology empowerment and supply chain empowerment, the company can save costs and improve the competitiveness of franchisees. Join hands in creating a new century hotel brand in China.

H Hotel

Series A in 2019
H Chain Hotel is committed to helping all kinds of existing single-family hotels in China to increase revenue through membership system and revenue management. Through talent empowerment, technology empowerment and supply chain empowerment, the company can save costs and improve the competitiveness of franchisees. Join hands in creating a new century hotel brand in China.

Home King

Series C in 2019
Home King is a professional housekeeping service platform that simplifies the traditional housekeeping service transaction process. The company opened direct sales branches in 26 first- and second-tier cities across the country, with more than 10,000 full-time employees; serving 3.5 million home users, and the service hours completed in 2018 reached 24 million hours. Home King's annual revenue reached 850 million yuan. The company was founded on 2010.

Youxi.com

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

Home King

Series C in 2017
Home King is a professional housekeeping service platform that simplifies the traditional housekeeping service transaction process. The company opened direct sales branches in 26 first- and second-tier cities across the country, with more than 10,000 full-time employees; serving 3.5 million home users, and the service hours completed in 2018 reached 24 million hours. Home King's annual revenue reached 850 million yuan. The company was founded on 2010.

Chengjia

Seed Round in 2017
Chengjia Apartment is a rental start-up based in Shanghai, China, that offers a variety of accommodation options including apartments, hotels, and homestays. Founded in 2015, the company provides flexible rental terms ranging from weekly to long-term stays, catering to diverse customer needs. Chengjia Apartment focuses on creating a high-quality living environment, combining the comforts of home with hotel-style services to ensure a warm and comfortable experience for its guests. The business has expanded significantly, managing nearly 100 properties across major cities in China and offering over 10,000 houses and related services. Chengjia Apartment is jointly established by China Living Hotel Group and IDG Capital, reflecting a strong partnership in the hospitality sector.

Chengjia

Angel Round in 2016
Chengjia Apartment is a rental start-up based in Shanghai, China, that offers a variety of accommodation options including apartments, hotels, and homestays. Founded in 2015, the company provides flexible rental terms ranging from weekly to long-term stays, catering to diverse customer needs. Chengjia Apartment focuses on creating a high-quality living environment, combining the comforts of home with hotel-style services to ensure a warm and comfortable experience for its guests. The business has expanded significantly, managing nearly 100 properties across major cities in China and offering over 10,000 houses and related services. Chengjia Apartment is jointly established by China Living Hotel Group and IDG Capital, reflecting a strong partnership in the hospitality sector.

Huixiaoer

Series B in 2016
Huixiaoer operates as an online platform for booking meeting venues. The company was founded by Liang Yang in 2014 and is headquartered in Beijing, China.

Villaday

Series A in 2016
Operator of an online platform that offers various luxury villa packages. The company is dedicated to the commercial operation and management of idle villas through an integrated business model that connects online to offline, providing an easy way to search for luxury villas for vacations and also bringing value to idle real estate.

Hivetrips

Venture Round in 2015
In recent years, tourism has changed all around the world with the post-90s generation becoming increasingly important. Unlike previous generations they are not satisfied with group tours or cursory sightseeing trips. Rather, they are looking for more meaningful experiences through which to enrich their lives and help them standout. Hive was born to meet these needs. We have gathered many experienced travelers and travel experts and the team keeps growing every day. Over 100,000 young people have had their lives enhanced through Hive.

Hivetrips

Angel Round in 2015
In recent years, tourism has changed all around the world with the post-90s generation becoming increasingly important. Unlike previous generations they are not satisfied with group tours or cursory sightseeing trips. Rather, they are looking for more meaningful experiences through which to enrich their lives and help them standout. Hive was born to meet these needs. We have gathered many experienced travelers and travel experts and the team keeps growing every day. Over 100,000 young people have had their lives enhanced through Hive.

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.

Huixiaoer

Series A in 2014
Huixiaoer operates as an online platform for booking meeting venues. The company was founded by Liang Yang in 2014 and is headquartered in Beijing, China.

Gubei Watertown

Series C in 2014
Operator of a tourism site in Beijing, China. The company specilaizes in vacation and business events, hotels as well as restaurants and tourist attractions.

Haoqiao.cn

Series A in 2014
Beijing Haoqiao Technology Co., Ltd. operates Haoqiao.cn, a service platform dedicated to the search and reservation of international hotels. The website aims to simplify the hotel booking process for independent travelers by providing comprehensive information on various hotels and tourist destinations worldwide. Haoqiao.cn offers an extensive selection of accommodations, along with detailed insights into the characteristics of each hotel and the surrounding areas. This enables users to make informed decisions about their lodging options based on convenience and cost. By focusing on the needs of cross-border travelers, Haoqiao.cn enhances the overall travel experience, making it easier for visitors to find suitable places to stay.

Haoqiao.cn

Angel Round in 2013
Beijing Haoqiao Technology Co., Ltd. operates Haoqiao.cn, a service platform dedicated to the search and reservation of international hotels. The website aims to simplify the hotel booking process for independent travelers by providing comprehensive information on various hotels and tourist destinations worldwide. Haoqiao.cn offers an extensive selection of accommodations, along with detailed insights into the characteristics of each hotel and the surrounding areas. This enables users to make informed decisions about their lodging options based on convenience and cost. By focusing on the needs of cross-border travelers, Haoqiao.cn enhances the overall travel experience, making it easier for visitors to find suitable places to stay.

Gubei Watertown

Series B in 2013
Operator of a tourism site in Beijing, China. The company specilaizes in vacation and business events, hotels as well as restaurants and tourist attractions.

Gubei Watertown

Series A in 2011
Operator of a tourism site in Beijing, China. The company specilaizes in vacation and business events, hotels as well as restaurants and tourist attractions.

Gubei Watertown

Seed Round in 2011
Operator of a tourism site in Beijing, China. The company specilaizes in vacation and business events, hotels as well as restaurants and tourist attractions.

Wuzhen Tourism

Corporate Round in 2009
Operator of a travel agency. The company provides travel and tourism services in Wuzhen, 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.

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.

Home Inn

Series B in 2003
Home Inn, established in 2002 through a joint investment by Capital Tourism International Hotel Group and Ctrip Travel Service Company, operates a substantial network of economy hotels in China. As of now, the company has approximately 2,180 hotels in operation, which includes both leased-and-operated and franchised-and-managed properties, totaling around 256,555 rooms across 287 cities. The group encompasses three main brands: Home Inn, Yitel, and Motel, collectively accounting for over 1,600 hotel locations. Additionally, Home Inn is actively expanding, with 161 hotels currently under development. The operation of these hotels is managed by Hemei Hotel Management.

Home Inn

Series A in 2003
Home Inn, established in 2002 through a joint investment by Capital Tourism International Hotel Group and Ctrip Travel Service Company, operates a substantial network of economy hotels in China. As of now, the company has approximately 2,180 hotels in operation, which includes both leased-and-operated and franchised-and-managed properties, totaling around 256,555 rooms across 287 cities. The group encompasses three main brands: Home Inn, Yitel, and Motel, collectively accounting for over 1,600 hotel locations. Additionally, Home Inn is actively expanding, with 161 hotels currently under development. The operation of these hotels is managed by Hemei Hotel Management.

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.
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