Orchid Asia IV

Orchid Asia Group Management, Ltd. is a private equity and venture capital firm established in 1993, headquartered in Central, Hong Kong, with additional offices in Shanghai, Beijing, and Guangzhou. The firm focuses on early-stage and growth capital investments, primarily targeting domestic enterprises in Asia, particularly in China. Orchid Asia seeks to invest in sectors with high barriers to entry that present strong growth potential, including consumer services and products, specialty and outsourced manufacturing, technology, media, telecommunications, medical treatment, retail, and education. The firm aims to support experienced executives in building successful franchises within these industries.

William Chan

Managing Director

Ning Cong

Managing Director

Tao Huang

Managing Director

Gabriel Li

Managing Partner

Kevin Tao

Managing Director

Allen Chen Ph.D

Managing Director

41 past transactions

Rucker Park

Series C in 2021
Gym chain operator based in Shanghai.

Kaadas

Series B in 2021
Shenzhen KAADAS Intelligent Technology Co., Ltd is a manufacturer of smart locks utilizing biometric technology and advanced home intelligent systems. Established in 2013 and based in Shenzhen, China, the company integrates research and development, manufacturing, sales, installation, and after-sales services within its operations. KAADAS focuses on creating innovative locking solutions, including various types of smart locks—such as push-pull, handle, rim, and deadbolt locks—aimed at enhancing security for both residential and commercial properties. With a workforce of over 1,000 employees and a significant global presence, KAADAS emphasizes quality and integrity in its products, striving to improve safety and convenience for consumers worldwide. The company's commitment to innovation has established it as a key player in the global smart lock market.

Fantuan

Series B in 2021
Fantuan Delivery is a prominent food delivery service specializing in Chinese cuisine, based in Burnaby, Canada. Established in 2014, the company operates a user-friendly platform that facilitates online food ordering and offers a range of services, including advertising, promotion, and self-pickup options. With partnerships exceeding 4,000 merchants and a user base surpassing 400,000, Fantuan has expanded its reach to over 14 cities worldwide, establishing itself as the largest Asian food delivery platform in North America. The company's mobile application enables users to order meals, leave reviews, and access e-commerce features, while also providing restaurant and supermarket vendors with marketing opportunities to promote their products.

Snowball Finance

Series E in 2020
Snowball Finance Ltd. is a Beijing-based internet financial information service provider that operates the online platforms iMeigu.com and Xueqiu.com. iMeigu.com offers stock quotes, business news, and analysis reports for Chinese companies listed in the United States, catering to American stock investors in China. Xueqiu.com serves as a social network for Chinese investors, providing them with investment solutions, cross-market data queries, newsletter subscriptions, and interactive communication services. The platform encompasses information on A shares, Hong Kong stocks, and the U.S. stock market, making it a comprehensive resource for investors looking to engage in various markets.

TerraQuanta

Series A in 2020
TerraQuanta is dedicated on combining AI and remote sensing data, to provide valuable information for businesses such as insurance, agriculture, energy, and finance.

Yuepu

Corporate Round in 2019
It is a comprehensive media group with social media marketing as its core. He has extensive experience in new media creative and new media media, as well as other businesses such as word of mouth and self-employed people. The group now has subsidiaries in different fields such as social media resource agency, secondary cultural industry service, and professional automobile integrated marketing.

WedMeGood

Series A in 2019
WedMeGood is an online wedding planning platform founded in 2014 and headquartered in Haryana, India. The platform connects users with a variety of wedding vendors, providing detailed information, pricing, and reviews to facilitate the planning process. Clients can create accounts to browse a comprehensive list of services, including photographers, wedding planners, venues, decorations, makeup artists, and catering options. In addition to vendor listings, WedMeGood features an inspiration gallery and blog to assist users in overcoming common wedding planning challenges. By offering a centralized resource for wedding planning, the platform aims to simplify the decision-making process for couples preparing for their special day.

Hunliji

Series D in 2019
Hunliji is a wedding planner application designed to assist couples in China with the comprehensive planning and sharing of their weddings. The platform offers a range of services, including wedding venue ordering, photography and video shooting, as well as the online sale of wedding-related products such as candies, jewelry, and dresses. By centralizing these offerings, Hunliji aims to streamline the wedding planning process, making it more accessible and efficient for users to create their ideal wedding experience.

Soocas

Series C in 2019
Soocas (Shenzhen) Technology Co., Ltd. is a company based in Shenzhen, China, that specializes in the design and development of smart personal health care electronics. Founded in 2015, Soocas primarily focuses on electronic toothbrushes, offering various models such as the Soocas X3 Upgrade, Soocas X1 Lite, and Soocas H3S, which feature capabilities like high-frequency vibration, multiple cleaning modes, and USB charging. In addition to toothbrushes, the company also produces blow dryers and shaving razors that integrate with the Xiaomi ecosystem, enhancing users' personal care experiences. Soocas further supports its products with a mobile application that allows users to control their toothbrushes conveniently.

Chao Ju Ophthalmology

Series B in 2019
Chao Ju Ophthalmology Hospital, established in 1988 and based in China, specializes in ophthalmic treatments, particularly laser and refractive eye surgeries. With over 30 years of experience in the field, the institution has developed a strong technical foundation, employing more than 2,000 professionals, including professors, researchers, and senior physicians. Additionally, the hospital operates over 100 medical clinics staffed by clinical professors, allowing it to provide comprehensive eye care services.

VIP Peilian

Series C in 2018
VIP Peilian, established in 2014 and headquartered in Shanghai, China, operates an online music tutoring platform known as Peilian.com. This platform specializes in providing one-on-one music lessons in instruments such as piano, violin, guzheng, and accordion. Founded by Ge Jialin, an accomplished accordion player with extensive teaching experience, Peilian.com connects students with tutors through digital devices like tablets and mobile phones. The platform allows tutors to observe students' performances via video chat and digital cameras, facilitating immediate feedback and personalized instruction. This approach enhances the learning experience by making music education accessible and interactive.

SoYoung

Series E in 2018
SoYoung International Inc, based in Beijing, operates an online platform for discovering and booking medical aesthetic services in China. With its app having garnered 10 million downloads, the company aims to partner with 200 clinics and thousands of plastic surgeons over the next three years, capitalizing on a burgeoning aesthetic medical services market projected to reach $11.3 billion within five years. The business model encompasses several components, including the distribution of professional content through social media, a community driven by user-generated content, online reservation services for aesthetic treatments, and the development and sales of laser and other medical beauty equipment. SoYoung generates revenue through information service fees and reservation service fees from medical aesthetic providers, positioning itself at the intersection of technology and healthcare in a rapidly evolving industry.

Duiba

Series C in 2018
Hangzhou Duiba Network Technology Co., Ltd. is a company based in Hangzhou, China, specializing in the development of websites and web tools. It also offers mobile developer services, catering to the needs of businesses seeking to enhance their online presence and mobile applications. Through its innovative solutions, Duiba aims to support clients in navigating the digital landscape effectively.

Yalla

Series B in 2018
Yalla Group Limited operates a voice-centric social networking and entertainment platform primarily serving the Middle East and North Africa region. Established in 2018 and headquartered in Dubai, the company aims to connect individuals sharing similar cultural backgrounds through engaging online experiences. Its flagship mobile application, Yalla, replicates the traditional majlis by offering voice chat rooms where users can engage in casual conversations. Additionally, Yalla Ludo provides a virtual space for playing popular board games like Ludo and Domino, fostering a sense of community among users. By focusing on a user-friendly experience that resonates with local cultures, Yalla Group seeks to become a leading destination for social networking and entertainment in the MENA region.

JollyChic

Series C in 2018
Jollychic EC Limited is an online retail platform that offers a diverse range of products, including clothing, shoes, bags, baby items, electronics, home goods, and various accessories. Established in 2012 and headquartered in Birkirkara, Malta, Jollychic aims to provide customers with a convenient shopping experience through its extensive selection of stylish and quality products. The platform features categories such as apparel, sports goods, toys, bedding, wedding supplies, cleaning tools, and kitchen appliances, making it a comprehensive destination for consumers seeking a variety of goods in one place.

Hunliji

Series C in 2018
Hunliji is a wedding planner application designed to assist couples in China with the comprehensive planning and sharing of their weddings. The platform offers a range of services, including wedding venue ordering, photography and video shooting, as well as the online sale of wedding-related products such as candies, jewelry, and dresses. By centralizing these offerings, Hunliji aims to streamline the wedding planning process, making it more accessible and efficient for users to create their ideal wedding experience.

SoYoung

Series D in 2018
SoYoung International Inc, based in Beijing, operates an online platform for discovering and booking medical aesthetic services in China. With its app having garnered 10 million downloads, the company aims to partner with 200 clinics and thousands of plastic surgeons over the next three years, capitalizing on a burgeoning aesthetic medical services market projected to reach $11.3 billion within five years. The business model encompasses several components, including the distribution of professional content through social media, a community driven by user-generated content, online reservation services for aesthetic treatments, and the development and sales of laser and other medical beauty equipment. SoYoung generates revenue through information service fees and reservation service fees from medical aesthetic providers, positioning itself at the intersection of technology and healthcare in a rapidly evolving industry.

Daily Yoga

Series A in 2018
Daily Yoga is a Chinese yoga training app. It provides yoga classes, and helps users keep records of practices.

VIP Peilian

Series B in 2018
VIP Peilian, established in 2014 and headquartered in Shanghai, China, operates an online music tutoring platform known as Peilian.com. This platform specializes in providing one-on-one music lessons in instruments such as piano, violin, guzheng, and accordion. Founded by Ge Jialin, an accomplished accordion player with extensive teaching experience, Peilian.com connects students with tutors through digital devices like tablets and mobile phones. The platform allows tutors to observe students' performances via video chat and digital cameras, facilitating immediate feedback and personalized instruction. This approach enhances the learning experience by making music education accessible and interactive.

Lizhi FM

Series D in 2018
Guangzhou Lizhi Network Technology Co., Ltd. operates an interactive audio community and entertainment platform in China, primarily through its Lizhi app, which allows users to record, edit, store, and share their voices on mobile devices. Founded in 2010 and based in Guangzhou, the company focuses on enabling individuals to showcase their vocal talents and connect through audio content. Lizhi provides a variety of services, including podcasts, audio live streaming, and other interactive features, fostering a vibrant community of audio content creators. The company has also formed partnerships, such as with Xpeng Motors, to integrate its audio offerings into in-car systems. Lizhi aims to create a global audio community that transcends cultural boundaries, promoting user engagement and diverse entertainment experiences through voice.

Dafengshou

Series B in 2017
Founded in 2014, Dafengshou sells pesticide, fertilizer, agricultural tools and books to over 300,000 farmers in China. The platform currently covers a number of provinces in China including Jiangxi, Anhui, Guangdong, Guangxi and Hubei.

Jia.com

Series B in 2015
Jia.com is an online platform specializing in home decoration and interior design, founded in March 2005 by Shanghai Qijia Information Technology Co., Ltd. The platform provides a wide range of products including building materials, furniture, appliances, and various consumer goods, catering primarily to the home furnishings market. By 2010, Jia.com had attracted 1.8 million registered members and facilitated over 2,000 group buying events related to renovation and home decoration, serving more than 5 million customers in total. The platform has partnered with nearly 12,000 businesses and 15,000 brands, leading to over 1,020,000 annual valid orders and a total output value exceeding 3.2 billion Yuan. Jia.com enables users to purchase affordable home decoration materials through its online retail interface and also through various departmental stores across China.

FunPlus

Series B in 2014
FunPlus is a prominent interactive entertainment company with headquarters in the United States and China, employing over 700 people across eight global offices. The company specializes in the development of popular mobile games and focuses on cross-platform game development and intellectual property creation. FunPlus is also known for its esports division, FunPlus Sports, which manages the world champion League of Legends team FunPlus Phoenix and collaborates with major publishers like Riot Games and Netease to host various esports tournaments. In addition, FunPlus Ventures invests in promising teams within the digital entertainment sector, maintaining an equity portfolio that includes notable companies such as Singularity 6, Cloud9, and thatgamecompany. Through its diverse offerings, FunPlus aims to deliver engaging and innovative gaming experiences to audiences worldwide.

Linekong

Series C in 2014
LineKong Science and Technology Co., Ltd. is an interactive entertainment company based in China that focuses on the development and publishing of online and mobile games. Founded in March 2007, it has gained recognition as one of the leading developers in the gaming industry, having launched various self-developed titles, including Journey to the West and The Warriors. The company operates through multiple game studios and has established a subsidiary dedicated to research and development. LineKong's product offerings encompass a diverse range of genres, including action, role-playing, and turn-based games, catering to different player preferences. In addition to its gaming segment, LineKong is also involved in the film business, expanding its presence across China, Hong Kong, and other regions.

eMar

Venture Round in 2011
eMar mission is to network marketing more effective (Make the e-marketing more effective!) Company goal is to build the biggest and the best results marketing and advertising platform, as the network marketing industry leader effects (The Biggest & Best Performance Marketing & Ad-networks Platform in China)

China Garment

Venture Round in 2010
China Garment Co., Ltd. is a Chinese company engaged in the design, production, marketing, and sale of clothing products for men. The company introduces well-known brands and provides a range of casual wear for men such as gentleman’s and outdoor casual wear, as well as ornaments and accessories. The company operates with popular brands such as Jeep, Santa Barbara Polo, Racquet Club, Sideout, Hallmark, and others. It also runs its own apparel brand, Doright, and has obtained the right to use the brand "London Fog" to sell apparel.
Sichuan Huiji Food Industry Co., Ltd. (四川徽记食品) is a specialty snack food manufacturer, integrated with research, development, production, sales, and promotion. It has successfully built three big brands, namely Huiji, Haobashi, and California Sunshine Fruit Garden. Sichuan Huiji Food Industry has 24 large-scale provincial offices and a backbone sales team of 300 members which build nationwide marketing network, service support network, and effective channel support for Huiji Food. It has also established many production bases successively in Xinjiang, Inner Mongolia, and Sichuan.

Huiji Food

Series A in 2010
Sichuan Huiji Food Co., Ltd. produces and sells snack foods in China. It offers snacks, instant food, peanuts, sunflower seeds, tofu, food, krispies, and grains. The company also exports its products to North America, South America, Southeast Asia, Oceania, the Mid East, Eastern Asia, and Western Europe markets. Sichuan Huiji Food Co., Ltd. was founded in 2001 and is based in Chengdu, China.

Embedded Internet Solutions

Venture Round in 2009
Embedded Internet Solutions is a technology provider of embedded software solutions that enable Internet connectivity for devices. Its iPanel middleware powers communities of cable TV and IPTV set-top boxes in the Asia-Pacific market, and its iPanel WAP 2.0 browser is widely deployed by many mobile network carriers in Asia-Pacific and North America. The company also provides system integration and professional services to facilitate quick time to market by major consumer electronic OEMs in cable and satellite TV, handheld PDA, smartphone, and other information appliance categories. EIS is privately-held and venture-backed with development and customer support organizations in Silicon Valley, CA and Shenzhen China.
China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The online courses offered by the Company are designed to help professionals and other course participants obtain and maintain the skills, licenses, and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, and other industries. The Company also offers online test preparation courses to self-taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams. In addition, the Company offers online foreign language courses and offline business start-up training courses. Its platform includes chinaacc.com, med66.com, chinalawedu.com, jianshe99.com, for68.com, zikao365.com, chengkao365.com, cpta.com.cn, cnedu.cn, g12e.com, and ck100.com. The Company was founded in July 2000. In March 2007, it received investments from Morningside Ventures and Orchid Asia. On July 30, 2008, it completed its IPO on NYSE, earning a total of 61.25 million dollars.

China Health Media

Series B in 2007
China Health Media, Ltd. operates an advertising network featuring audiovisual displays in healthcare facilities across China, including hospitals and medical clinics. Founded in 2004 and based in Beijing, the company provides medical and health care information through its displays, enhancing health communication in these environments. In addition to its core business, China Health Media is involved in outdoor advertisement development and the organization of government public activities and large-scale cultural and sports events. The company has received recognition as a first-class advertising enterprise from the China Advertising Association multiple times and became a council member of the China Health Care Association in 2007. Leveraging its established channels and the credibility from its association with the healthcare sector, China Health Media aims to deliver valuable public health information to meet the needs of its users.
Yunnan Landsun Green Industry (Group) Co., Ltd. (龙生集团) is a Chinese company specialized in green tea and ecological tea. The annual output of various kinds of tea produced by the company is more than 3,000 tons. Its main products include landsun series green tea, pu'er tea, jasmine tea, and oolong tea. The company contributed to the research of organic tea in 1998, and the various indexes of the current foundation met the establishment standards of organic agricultural parks. In 1999, the company invested in the construction of the first trading market of pu'er tea in China. Founded in May 1996, the company currently has 3 subsidiary corporations and 5 branches.
United Information Technology Co., Ltd. (创新科) is focused on supplying globally-oriented data storage solutions and massive information storage expertise. It owns the complete solution and technology support system ranging from data storage, and data management to cloud storage system. Under the leadership of an international professional management team, UIT follows the guide of technology development and independent innovation, precisely mastering and leading the development trend of the storage industry. United Information Technology is focused on three major aspects: unified storage, applied storage, and cloud storage.
China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The online courses offered by the Company are designed to help professionals and other course participants obtain and maintain the skills, licenses, and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, and other industries. The Company also offers online test preparation courses to self-taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams. In addition, the Company offers online foreign language courses and offline business start-up training courses. Its platform includes chinaacc.com, med66.com, chinalawedu.com, jianshe99.com, for68.com, zikao365.com, chengkao365.com, cpta.com.cn, cnedu.cn, g12e.com, and ck100.com. The Company was founded in July 2000. In March 2007, it received investments from Morningside Ventures and Orchid Asia. On July 30, 2008, it completed its IPO on NYSE, earning a total of 61.25 million dollars.
United Information Technology Co., Ltd. (创新科) is focused on supplying globally-oriented data storage solutions and massive information storage expertise. It owns the complete solution and technology support system ranging from data storage, and data management to cloud storage system. Under the leadership of an international professional management team, UIT follows the guide of technology development and independent innovation, precisely mastering and leading the development trend of the storage industry. United Information Technology is focused on three major aspects: unified storage, applied storage, and cloud storage.

Zhaopin

Series B in 2002
Zhaopin.com is a leading online recruitment services provider in China, established in 1997. As a bilingual job board, it offers one of the largest selections of real-time job vacancies, featuring recruitment advertisements from both prominent Chinese and foreign companies. Zhaopin.com provides job seekers with a comprehensive suite of services, including resume assistance, employment updates, and career development resources, facilitating in-depth online job searches across the country. The platform serves over 2.2 million clients and sees an average of over 68 million page views daily. With a workforce of more than 200 employees located in major cities such as Beijing, Shanghai, and Shenzhen, Zhaopin.com has rapidly evolved into a significant player in the online recruitment industry.

EachNet

Series D in 2000
EachNet is a Chinese e-commerce platform that facilitates online buying and selling of a diverse array of goods, including clothing, toys, art supplies, antiquities, and electronics. Founded in 1999 and based in Shanghai, EachNet initially operated independently before forming a strategic partnership with eBay in 2002, which led to eBay acquiring full ownership by 2003. The platform supports both auction and fixed-price formats, allowing users to engage in transactions for everyday items as well as more unique products. EachNet serves a broad market, with offerings tailored to consumers in China, the United States, and Canada, thereby creating a comprehensive online marketplace for various consumer needs.

EachNet

Series C in 1999
EachNet is a Chinese e-commerce platform that facilitates online buying and selling of a diverse array of goods, including clothing, toys, art supplies, antiquities, and electronics. Founded in 1999 and based in Shanghai, EachNet initially operated independently before forming a strategic partnership with eBay in 2002, which led to eBay acquiring full ownership by 2003. The platform supports both auction and fixed-price formats, allowing users to engage in transactions for everyday items as well as more unique products. EachNet serves a broad market, with offerings tailored to consumers in China, the United States, and Canada, thereby creating a comprehensive online marketplace for various consumer needs.
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