Ocean Link

Ocean Link is a private equity firm with a focus on China’s travel and leisure sectors. Ocean Link currently manages a USD fund and an RMB Fund. With teams in Shanghai, Beijing and Hong Kong, Ocean Link invests across the value chain and sub-verticals of the travel and leisure sectors, including online & offline travel services, hotels and resorts, destination services and entertainment, sector-related technology and business solutions providers. Ocean Link’s strategic partners and shareholders include Ctrip - the largest online travel agency in China, and General Atlantic - a leading global growth equity firm. The funds’ LPs include Chinese and global corporates, financial institutions, and sovereign wealth funds.

Yiqun Hua

Senior Associate

Tony Jiang

Partner and Board Director Ocean Link

Chi Zhang

Board Director

Kay Zhang

MD

Alex Zheng

Partner and Board Director Ocean Link

26 past transactions

Yuanfudao

Series G in 2020
Founded in 2012, Yuanfudao is the largest online live courseplatform servicing primary and secondary school students in China. With a paying userbase of over 1 million, Yuanfudao offers a comprehensive curriculum spanning fromprimary school English, Mathematical Olympiad to all-subject courses in secondaryschool. Its unique online feature and large pool of quality teachers enable students toaccess live online tutoring at home taught by national renowned teachers, benefitinghundreds of thousands of students across the country.

Dingdong Maicai

Series D in 2021
Dingdong Maicai is a fresh vegetable e-commerce platform, adopting a big data-driven approach, predicting future orders through self-developed data models and multi-dimensional predictions based on historical sales data to reduce the slow-loss loss rate; the varieties are mainly concentrated in vegetables and fresh water. Fish, shrimp, fruit and some organic products,

LvYue

Private Placement in 2019
LvYue Travel Information Technology (Beijing) Co., Ltd. owns and operates hotels in China. LvYue Travel Information Technology (Beijing) Co., Ltd. was founded in 2016 and is based in Beijing, China.

Lefull

Private Placement in 2018
LeFull.cn engaged in operating and leasing apartment buildings. The company provides facilities, such as furniture, cleaning, housekeeping, 24-hour security services, and fitness facilities. The company was founded in 2015 and is based in Beijing, China.

Alliancc Art Group

Corporate Round in 2018
Alliancc Art Group is a Chinese music complex operator, which runs music restaurants, music pubs, and provides music training, artists agency services. Industries it gets involved in includes bars, KTV, real-estate, logistics, software development, and hotels. It also has investments in media productions, actor and musician training education, and so on. Read more at CB Insights: https://www.cbinsights.com/company/alliancc-art-group

Beeplus Co-working Space

Series B in 2019
Zhuhai Beeplus Technology Co., Ltd provides space, community, and services for customers that range from entrepreneurs, freelancers, startups, artists, small businesses, and divisions of large corporations. It leases shared workspaces; conference rooms for interviews, small group sessions, and board meetings. It serves customers in the china. Zhuhai Beeplus Technology Co., Ltd was founded in 2015 and is headquartered in Zhuhai, China.

eHi Car Rental

Investor Activism in 2018
eHi Car Services Limited, through its subsidiaries, provides car rental and car services to individuals, and corporate and institutional clients in China. The company offers self-drive car rental services; and chauffeured car services, including airport pickup and drop-off, inter-office transfers, and other business transportation services, as well as event-driven activities, such as conventions, promotional tours, and special events. eHi Car Services Limited was formerly known as Prudent Choice International Limited. eHi Car Services Limited was founded in 2006 and is headquartered in Shanghai, China.

Harmay

Series D in 2022
Beijing Harmay Lexiang Technology Co., Ltd. manufactures and sells cosmetics and skin care products. The company distributes skin and beauty care products of other brands, such as ICONIC LONDON, dermalogica, BOTANIST, and SG79|STHLM. It sells its products through its stores in Shanghai, Beijing, and Chengdu, China; and Hong Kong. Beijing Harmay Lexiang Technology Co., Ltd. was founded in 2013 and is based in Beijing, China.

Lefull

Series B in 2018
LeFull.cn engaged in operating and leasing apartment buildings. The company provides facilities, such as furniture, cleaning, housekeeping, 24-hour security services, and fitness facilities. The company was founded in 2015 and is based in Beijing, China.

Mafengwo

Series D in 2017
Beijing Mafengwo Network Technology Co.,Ltd. operates a platform that offers information on travel destinations in China and internationally. The company offers destination travel strategy booklets and road booklets, as well as other content, such as local travel, accommodation, entertainment, and other aspects of travel information. It also enables users to exchange information and share travel, as well as raiders, food, music, photography diary, and others; and manage groups to create their own destination. The company was founded in 2006 and is based in Beijing, China.

58.com

Merger/Acquisition in 2020
58.com is a Chinese classified advertisements website enabling local merchants and consumers to publish information and advertise their service offerings in local communities. 58.com’s package includes target consumer group identification, services and products advertising, online marketing service, and customer relations management. Its aim is to provide a forum for the low income and jobless group. As the biggest online classifieds publisher, 58.com provides free, localized and credible information for voluntary users. Founded on December 12, 2005, and headquartered in Beijing, 58.com is China's for-profit version of Craigslist in the United States. It received $25 million in funding as investments from Softbank Asia Infrastructure Fund (SAIF) partners and DCM. It began trading on the New York Stock Exchange on October 31, 2013. As of November 2010, 58.com has set up branches in 32 cities, with 6,500 full-time staff serving over 50 million registered users. The site’s user base continues to grow, with more than 50,000 new users added per day. The average number of page views per unique visitor per day is 10, with 1 million posts per day. Due to its increasing website traffic volume and number of unique visitors and page views, 58.com is ranked the first among local life service websites. Its main competitors include Ganji.com and Baixing.com.

Patpat

Series D in 2021
PatPat is a daily shopping app for moms, offering deals on trending baby, infant/toddler, kids and maternity items at up to 50-90% off, occasionally even free! Their great relationships with manufacturers allow them to offer exceptionally low prices that cannot be beat, with new events starting daily at 6am PST.

Beeplus Co-working Space

Private Placement in 2019
Zhuhai Beeplus Technology Co., Ltd provides space, community, and services for customers that range from entrepreneurs, freelancers, startups, artists, small businesses, and divisions of large corporations. It leases shared workspaces; conference rooms for interviews, small group sessions, and board meetings. It serves customers in the china. Zhuhai Beeplus Technology Co., Ltd was founded in 2015 and is headquartered in Zhuhai, China.

58.com

Investor Activism in 2020
58.com is a Chinese classified advertisements website enabling local merchants and consumers to publish information and advertise their service offerings in local communities. 58.com’s package includes target consumer group identification, services and products advertising, online marketing service, and customer relations management. Its aim is to provide a forum for the low income and jobless group. As the biggest online classifieds publisher, 58.com provides free, localized and credible information for voluntary users. Founded on December 12, 2005, and headquartered in Beijing, 58.com is China's for-profit version of Craigslist in the United States. It received $25 million in funding as investments from Softbank Asia Infrastructure Fund (SAIF) partners and DCM. It began trading on the New York Stock Exchange on October 31, 2013. As of November 2010, 58.com has set up branches in 32 cities, with 6,500 full-time staff serving over 50 million registered users. The site’s user base continues to grow, with more than 50,000 new users added per day. The average number of page views per unique visitor per day is 10, with 1 million posts per day. Due to its increasing website traffic volume and number of unique visitors and page views, 58.com is ranked the first among local life service websites. Its main competitors include Ganji.com and Baixing.com.

PingPong

Series D in 2019
PingPong is an innovative payment facilitator for China-based eCommerce sellers. Their mission is to empower their customers to sell anywhere in the world. They are committed to bringing a simple and streamlined experience to their customers while providing value-added services to further grow their businesses. They aspire to make an impact by staying nimble. They welcome talent that is curious by nature, fearless, and results-driven. They want people that hold themselves to the highest ethical standards. They believe that communication is key in breaking down international and business barriers. In short, they are looking for true global citizens to conquer the next challenges in eCommerce. PingPong is a rapidly-growing, venture-backed fintech startup with an international footprint.

LvYue

Series A in 2019
LvYue Travel Information Technology (Beijing) Co., Ltd. owns and operates hotels in China. LvYue Travel Information Technology (Beijing) Co., Ltd. was founded in 2016 and is based in Beijing, China.

Patpat

Series C in 2021
PatPat is a daily shopping app for moms, offering deals on trending baby, infant/toddler, kids and maternity items at up to 50-90% off, occasionally even free! Their great relationships with manufacturers allow them to offer exceptionally low prices that cannot be beat, with new events starting daily at 6am PST.

MydreamPlus

Series B in 2018
MyDreamPlus is a co-working space startup that offers technological working experience in co-working spaces, integrating space design, smart office management, and community operation. It designs high-quality furniture, smart management systems, and more. The company developed a management system that enables customers to solve office-related problems using their smartphones, including opening a door, booking a meeting room, or sending the WIFI password to guests. Founded in May 2015, MyDreamPlus’ services have grown to more than 20 co-working space locations, mainly located in Beijing, Chengdu, and other big cities. There are over 300 enterprises that have joined MyDreamPlus’s co-working space, 90% of which are mature companies, like COFCO, Chinese TAL Education Group, Airbnb, VIPKID, and so on.
Hangzhou Pingpeng Smart Technology Co., Ltd. is a cross-border payment services provider for Chinese companies. The firm is based in Hangzhou, China.

MydreamPlus

Series C in 2018
MyDreamPlus is a co-working space startup that offers technological working experience in co-working spaces, integrating space design, smart office management, and community operation. It designs high-quality furniture, smart management systems, and more. The company developed a management system that enables customers to solve office-related problems using their smartphones, including opening a door, booking a meeting room, or sending the WIFI password to guests. Founded in May 2015, MyDreamPlus’ services have grown to more than 20 co-working space locations, mainly located in Beijing, Chengdu, and other big cities. There are over 300 enterprises that have joined MyDreamPlus’s co-working space, 90% of which are mature companies, like COFCO, Chinese TAL Education Group, Airbnb, VIPKID, and so on.
Beijing Dream Plus Information Technology Co., Ltd. provides shared working spaces. The company was founded in May 2015 and is based in Beijing, China.

Dragonpass

Private Placement in 2019
DragonPass Company Limited operates airport lounges which includes airport dining. The company provides access to airport lounges in Americas, Europe, Asia, Oceania, and Asian regions. The company also develops a mobile application which allows users to locate and access airport lounges across the world. DragonPass Company Limited was founded in 2005 and is headquartered in Guangzhou, China.

Yitiao

Series C in 2017
Yitiao is an online video content producer and e-commerce start-up.

Zhuhai Bee Technology Co., Ltd.

Private Placement in 2019
Zhuhai Bee Technology Co., Ltd. operates co-working spaces. The firm was founded in 2015 and is based in China.
Beijing Dream Plus Information Technology Co., Ltd. provides shared working spaces. The company was founded in May 2015 and is based in Beijing, China.