Hillhouse Investment Group, founded in 2005 and headquartered in Hong Kong, is a private equity firm that specializes in a wide range of investments, from seed funding to buyouts and listed equities. The firm primarily focuses on opportunities in Asia but also selectively invests in North America and Europe. Hillhouse’s investment strategy is stage-agnostic, allowing it to invest in companies at various stages of growth, from startups to established public entities. Its portfolio spans several sectors, including consumer, technology, media, telecommunications, healthcare, energy transition, and advanced manufacturing. In healthcare, Hillhouse emphasizes biotechnology, medical devices, and pharmaceuticals. The firm is recognized for its commitment to independent research and employs sector experts to guide its investment decisions, aiming for long-term results rather than short-term gains.
Kurly Inc. operates an online premium grocery service based in Seoul, South Korea, specializing in the retail of food products. The company offers a wide range of items including fresh vegetables, fruits, cereals, fish, meat, eggs, seasonings, baked goods, and processed foods, all sourced directly from producers. Founded in 2014, Kurly enables customers to order high-quality ingredients through its platform and ensures next-day delivery, emphasizing freshness and quality. The service caters to consumers seeking premium food options, including fresh desserts and various condiments.
Kurly Inc. operates an online premium grocery service based in Seoul, South Korea, specializing in the retail of food products. The company offers a wide range of items including fresh vegetables, fruits, cereals, fish, meat, eggs, seasonings, baked goods, and processed foods, all sourced directly from producers. Founded in 2014, Kurly enables customers to order high-quality ingredients through its platform and ensures next-day delivery, emphasizing freshness and quality. The service caters to consumers seeking premium food options, including fresh desserts and various condiments.
Facily is a social commerce marketplace in Latin America. The platform focuses on low-ticket items, delivering great prices and differentiated logistics to lower income neighbourhoods, leveraging learnings from China. Facily offers a unique experience by bringing the opportunity to buy together with friends directly from producers and manufacturers, having fun playing with freemium features. Facily also promotes community buying by leveraging local leaders and influencers.
Philips Domestic Appliances and Personal Care
Acquisition in 2021
Philips DAP manufactures and markets electric shavers, women's beauty and dental care products as well as domestic appliances around the world. It enjoys the number one global position in electric shavers with Philishave and Norelco, and also has the number one brand in steam irons. With the acquisition of Optiva, Philips DAP builds on its existing position in dental care products under the Sensiflex range, becoming the number two global player.
Operator of an ice cream and tea franchise intended to bring high-quality and affordable products to consumers. The company's franchise sells a variety of beverage and food products including bubble tea, fruit tea, milkshakes, and ice cream products as well as other company branded merchandise, providing customers with freshly made and affordable beverages.
Yonghui Fresh Food is a prominent provider of fresh food and agricultural product supply chain services. The company operates as an integration platform that efficiently manages the supply chain, ensuring timely delivery of products to various buyers. Yonghui Fresh Food caters to the diverse purchasing needs of different customer segments, including enterprises in the food industry. By focusing on supply chain integration, the company supports its clients in optimizing their operations and meeting market demands effectively.
Kurly Inc. operates an online premium grocery service based in Seoul, South Korea, specializing in the retail of food products. The company offers a wide range of items including fresh vegetables, fruits, cereals, fish, meat, eggs, seasonings, baked goods, and processed foods, all sourced directly from producers. Founded in 2014, Kurly enables customers to order high-quality ingredients through its platform and ensures next-day delivery, emphasizing freshness and quality. The service caters to consumers seeking premium food options, including fresh desserts and various condiments.
Dailuobo is an e-commerce platform based on Internet agriculture O2O high-frequency consumer products. The platform is dedicated to the direct sales of agricultural products, from online agricultural products trading to offline procurement, to create satisfactory services for users.
Kurly Inc. operates an online premium grocery service based in Seoul, South Korea, specializing in the retail of food products. The company offers a wide range of items including fresh vegetables, fruits, cereals, fish, meat, eggs, seasonings, baked goods, and processed foods, all sourced directly from producers. Founded in 2014, Kurly enables customers to order high-quality ingredients through its platform and ensures next-day delivery, emphasizing freshness and quality. The service caters to consumers seeking premium food options, including fresh desserts and various condiments.
Little Freddie is a foreign-invested company focused on the research, development, production, and sale of organic baby food. Founded by husband and wife team Piers and Taslim, the company emerged from their desire to provide better food options for their own family. Little Freddie specializes in creating organic and sustainable baby food that delivers both taste and nutrition, making mealtimes quicker and easier for parents. In addition to its food products, the company also offers nutritional advice to help parents make informed choices for their toddlers' diets, ensuring that the meals are not only nourishing but also enjoyable.
Yonghui Fresh Food is a prominent provider of fresh food and agricultural product supply chain services. The company operates as an integration platform that efficiently manages the supply chain, ensuring timely delivery of products to various buyers. Yonghui Fresh Food caters to the diverse purchasing needs of different customer segments, including enterprises in the food industry. By focusing on supply chain integration, the company supports its clients in optimizing their operations and meeting market demands effectively.
Bianlifeng is a cashier-free convenience store operator.The team is composed of the convenience store industry veteran team and well-known Internet team.
Mobile Go is a startup focused on enhancing the ride-sharing experience by providing in-car snack and drink services. The company places snack boxes in vehicles, allowing passengers to conveniently purchase refreshments during their rides. This service not only improves the overall rider experience but also offers drivers an additional source of revenue. By integrating snack options into the ride-sharing environment, Mobile Go aims to create a more enjoyable and satisfying journey for passengers while supporting drivers financially.
Bestore Co., Ltd. operates a chain of casual snacks stores in China. It is involved in processing, packaging, and retail of snack foods. The company operates approximately 2,200 stores. It also offers its products through online e-commerce. The company was founded in 2010 and is headquartered in Wuhan, China.
Paper Boat is an e-commerce platform based in Haryana, India, that specializes in non-carbonated beverages and food products. Founded in 2009, the company focuses on reviving traditional Indian flavors, offering a range of drinks such as jaljeera, aamras, and tulsi tea, along with various snack items. By combining scientific observation with a passion for authentic tastes, Paper Boat aims to provide consumers with nostalgic beverages reminiscent of their childhood. The brand collaborates with prominent companies and personalities to enhance its offerings, ensuring a unique and enjoyable experience for its customers.
Paper Boat is an e-commerce platform based in Haryana, India, that specializes in non-carbonated beverages and food products. Founded in 2009, the company focuses on reviving traditional Indian flavors, offering a range of drinks such as jaljeera, aamras, and tulsi tea, along with various snack items. By combining scientific observation with a passion for authentic tastes, Paper Boat aims to provide consumers with nostalgic beverages reminiscent of their childhood. The brand collaborates with prominent companies and personalities to enhance its offerings, ensuring a unique and enjoyable experience for its customers.
FXiaoKe is a Beijing-based company that specializes in cloud-based sales management solutions for Chinese businesses, particularly targeting small and medium-sized enterprises. Established in December 2011 by Luo Xu, the company provides a comprehensive platform that integrates field operation management, distribution chain management, and customer relationship management. FXiaoKe's software enables businesses to enhance their sales processes through a social interaction platform that merges features of dynamic customer relationship management with capabilities akin to enterprise WeChat. The platform supports collaboration across various sectors, including high-tech industries, corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing, facilitating efficient marketing, sales, and service operations. Additionally, FXiaoKe offers online office automation services that allow seamless information sharing between personal computers and smartphones, further enhancing customer management.
Beequick currently provides one-hour delivery of fresh produce and other products from community convenience stores. It has served over 250,000 customers in Beijing, and plan to expand its services to other big cities in China.
Paper Boat is an e-commerce platform based in Haryana, India, that specializes in non-carbonated beverages and food products. Founded in 2009, the company focuses on reviving traditional Indian flavors, offering a range of drinks such as jaljeera, aamras, and tulsi tea, along with various snack items. By combining scientific observation with a passion for authentic tastes, Paper Boat aims to provide consumers with nostalgic beverages reminiscent of their childhood. The brand collaborates with prominent companies and personalities to enhance its offerings, ensuring a unique and enjoyable experience for its customers.
Beequick currently provides one-hour delivery of fresh produce and other products from community convenience stores. It has served over 250,000 customers in Beijing, and plan to expand its services to other big cities in China.
MOGU is an consumer platform aimed towards women, achieved through e-commerce, social media, influencers and content driven services. Their content covers all areas of the fashion world and they have a huge range of age groups and interest covered through their numerous apps and platform. MOGU Inc. is a destination of fashion. With various kinds of fashion content and abundant fashion products, MOGU Inc. allows people to discover and share fashion trends while fully enjoying high-quality shopping experience. In 2011, MOGU Inc. launched fashion platform under the Mogujie brand . In 2016, the merger of Mogujie and Meilishuo was completed.Currently, MOGU Inc.'s online platform includes Mogujie.com and Meilishuo.com websites, mogujie mobile app, Meilishuo mobile app, Uni mobile app and several WeChat Mini programs.
Guangzhou Blue Moon Industry Co., Ltd. is a prominent consumer-focused household care company based in Guangzhou, China, established in 1992. The company develops, manufactures, and markets a wide range of products, including fabric care, personal hygiene, and home care items. Its fabric care segment, which represents approximately 85% of its revenue, features products such as liquid laundry detergents, bleaches, strain removers, and fabric softeners. The personal hygiene range includes specialized liquid soaps, including those for children, while home care offerings encompass various cleaners for kitchens, bathrooms, and multipurpose surfaces. Blue Moon markets its products under several brands, with the flagship being Blue Moon. The company has successfully penetrated the e-commerce landscape, with online sales accounting for over half of its revenue in 2023, reflecting its adaptability to changing consumer purchasing trends. Blue Moon holds a significant market share in China's liquid laundry detergent and liquid soap markets, positioning itself as a leader in the industry.
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