Ocean Link

Ocean Link is a private equity firm established in 2016 and headquartered in Shanghai, with additional offices in Beijing and Hong Kong. The firm specializes in mid-market investments within China’s travel and leisure sectors, targeting a range of sub-verticals including hotels and resorts, attractions, online and offline travel agencies, transportation services, and related business solutions. Ocean Link manages both USD and RMB funds and collaborates with strategic partners such as Ctrip, a leading online travel agency, and General Atlantic, a prominent global growth equity firm. The firm seeks to capitalize on investment opportunities across the value chain of the travel and tourism industry in China.

Tony Jiang

Co-Founder, Board Member and Partner

Kay Zhang

Managing Director

Nanyan Zheng

Co-Funder, Partner and Board Member

Alex Zheng

Partner

15 past transactions

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.

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.

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.

Dingdong Maicai

Series D in 2021
Dingdong Maicai is a rapidly growing online retail platform based in Shanghai, China, specializing in the sale of fresh produce and daily necessities. Founded in 2014, the company leverages a big data-driven approach to optimize its operations and improve customer experience. By utilizing self-developed data models and historical sales data, Dingdong Maicai predicts future orders, which helps reduce waste and ensure product availability. The platform offers a wide range of products, including fresh vegetables, seafood, meat, fruits, and organic items. Customers can conveniently shop through the Dingdong Fresh app and mini-programs, which facilitate direct delivery to households. The company generates revenue primarily through the sale of these fresh groceries and membership services, establishing itself as a key player in the community-based e-commerce sector in China.

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.

LvYue

Series A in 2019
LvYue Travel Information Technology (Beijing) Co., Ltd., established in 2016 and based in Beijing, operates within the hotel management sector in China. The company is part of the Luyue Group, which is strategically linked to Ctrip Group and focuses on integrating hotel management with information technology and procurement. Under the leadership of CEO Zhang Qiang, the Luyue Group aims to enhance the tourism industry by leveraging internet innovations and technology to improve operational effectiveness. It utilizes data-driven strategies derived from user information from Ctrip and Qunar.com, alongside its own technology development team. The group is recognized for its innovative systems, including the Aladdin global intelligent location system and XPMS, which facilitate the management of non-standard hotels through a comprehensive service approach.

Beeplus Co-working Space

Series B in 2019
Beeplus Co-working Space, officially known as Zhuhai Beeplus Technology Co., Ltd, was established in 2015 and is headquartered in Zhuhai, China. The company offers shared workspaces, conference rooms, and a range of services tailored to entrepreneurs, freelancers, startups, artists, small businesses, and larger corporate divisions. Beeplus is recognized for its innovative approach, utilizing container construction to create joint office spaces and cultural activity platforms. By focusing on enterprise parks and university campuses, Beeplus aims to foster a community for young individuals aged 20 to 30, promoting collaboration and a new lifestyle among its members. The company serves a diverse clientele within China, providing an environment conducive to productivity and networking.

PingPong

Series D in 2019
PingPong is a payment facilitator designed for China-based eCommerce sellers, offering a cross-border payment platform that enables users to sell globally. The company provides tailored payment services, including a one-click withdrawal feature that allows users to transfer funds directly to domestic bank accounts without incurring foreign exchange losses or additional charges. By simplifying the payment process, PingPong aims to empower its customers and help them expand their businesses internationally. The company emphasizes ethical standards and effective communication to overcome barriers in global commerce, fostering a culture that values curiosity and results-driven approaches. As a rapidly growing fintech startup, PingPong is committed to making an impact in the eCommerce sector.

MyDreamPlus

Series C in 2018
MyDreamPlus is a co-working space startup established in May 2015, focusing on providing a technologically advanced working environment. The company integrates space design, smart office management, and community operations to create high-quality shared office spaces. MyDreamPlus has developed an innovative management system that allows users to address various office-related tasks via their smartphones, such as unlocking doors, booking meeting rooms, and sharing Wi-Fi passwords. With over 20 locations primarily in major cities like Beijing and Chengdu, MyDreamPlus serves more than 300 enterprises, 90% of which are established companies, including notable names like COFCO, Chinese TAL Education Group, and Airbnb. The company's approach caters to a diverse clientele, including startups, freelancers, small and medium enterprises, and corporate teams, offering them a versatile and modern workspace experience.

Lefull

Series B in 2018
Lefull is a real estate company based in Beijing, China, established in 2015. The company specializes in operating and leasing apartment buildings, offering a range of property management services. These services include furnishing apartments, providing cleaning and housekeeping, and ensuring 24-hour security. Lefull focuses on creating high-quality living environments tailored for young renters, emphasizing comfort and convenience through well-maintained facilities and amenities.

MyDreamPlus

Series B in 2018
MyDreamPlus is a co-working space startup established in May 2015, focusing on providing a technologically advanced working environment. The company integrates space design, smart office management, and community operations to create high-quality shared office spaces. MyDreamPlus has developed an innovative management system that allows users to address various office-related tasks via their smartphones, such as unlocking doors, booking meeting rooms, and sharing Wi-Fi passwords. With over 20 locations primarily in major cities like Beijing and Chengdu, MyDreamPlus serves more than 300 enterprises, 90% of which are established companies, including notable names like COFCO, Chinese TAL Education Group, and Airbnb. The company's approach caters to a diverse clientele, including startups, freelancers, small and medium enterprises, and corporate teams, offering them a versatile and modern workspace experience.

Alliance Art Group

Corporate Round in 2018
Alliance Art Group is a Chinese operator based in Shenzhen that specializes in the music industry. The company manages music restaurants and pubs and provides music training and artist agency services. Its activities extend into various sectors, including bars, KTV, real estate, logistics, software development, and hotels. Additionally, Alliance Art Group invests in media production and offers educational programs for actors and musicians. The firm focuses on supporting music talents and celebrities through services such as music production, training, and career incubation, facilitating their professional growth and career advancement.

Mafengwo

Series D in 2017
Beijing Mafengwo Network Technology Co., Ltd. operates a comprehensive travel platform that provides information on both domestic and international travel destinations. Founded in 2006, the company allows users to share their travel experiences through a social networking site, featuring over one million user-generated travel guides and more than five million ratings and reviews. Mafengwo offers a wide range of services, including travel route planning, hotel bookings, and essential travel information such as visa requirements and insurance. The platform also emphasizes user engagement and continuously enhances its features to improve the sharing of travel-related content. With a core product encompassing a vast array of global destinations, Mafengwo has achieved over 100 million downloads of its travel guides and serves millions of users annually. The company has integrated various booking services, partnering with established platforms to streamline the travel planning process. Based in Beijing, Mafengwo is dedicated to enhancing the travel experience through accessible and comprehensive resources.

Yitiao

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