IDG Capital

IDG Capital is a Beijing-based venture and growth-stage investment firm that backs technology-enabled companies across global markets, with a strong emphasis on China and Asia. It invests across seed, early, later, and growth stages and pursues buyouts, with interests spanning information technology, software, consumer products and services, healthcare, energy, SaaS, mobile, TMT, and advanced manufacturing. The firm leverages a worldwide network of limited partners, including sovereign wealth funds, pension funds, institutional investors, and philanthropic and educational endowments, to support portfolio companies. With deep local market knowledge and extensive relationships with business leaders, IDG Capital combines global perspective with local execution to facilitate inbound and outbound opportunities in China and the broader Asian region.

Xiaohui Cao

Partner

Guangfu Cui

Partner

Jun Fang

Partner

Mei Gao

Partner

Ning Kang

Managing Director

Past deals in Mobile Apps

Party Icons

Seed Round in 2024
Party Icons is a web3 mobile gaming platform that aims to combine the social aspects of party games with the excitement of extraction shooters. The company focuses on creating a gaming environment that fosters social interaction, competition, and connection among players globally. By blending the nostalgic elements of classic party games with the intensity of high-stakes battle royale experiences, Party Icons strives to offer users a unique gaming experience where they can enjoy themselves while also having opportunities to earn money.

Splan

Angel Round in 2022
Splan provides fitness enthusiasts with professional electronic intelligent fitness management software, hardware, and service solutions. The S-plan line machine Model S, the S-plan line machine Model Y, and the supporting use function extension hardware such as the Plan S rowing machine, the Plan S fitness bench, the Plan S bluetooth button, the Plan S handle, and other related more than 10 kinds of accessories, as well as software and services such as the Plan S mobile phone APP and the Plan S host program, have been launched for people who pursue a high-quality life. The line machine is a subcategory of electronic fitness equipment that pioneered the use of electronic intelligent counterweights in the field of sports and fitness equipment. It has discovered a safer, simpler, smarter, and more effective way to change the sports and fitness process.

Clapper

Seed Round in 2021
Clapper is a social media platform focused on authentic connections and community engagement. It enables adults to share real-life moments, opinions, and talents through brief mobile video content across the world. The platform is advertisement-free and aims to foster open self-expression without concerns about trolling or shadow banning, helping users connect with friends, family, and others who share similar interests while observing trends and real-life experiences as they unfold.

LMK

Series A in 2021
LMK helps build a social network that makes it fun, easy, and safe to build those important connections. It is a social media application that provides a platform to make friends and hang out with them online.

LaiHua

Series B in 2021
Laihua Digital Co, Ltd. is a company based in Shenzhen, China, that specializes in developing and operating a platform for video creation and customization. Founded in 2015, Laihua offers a range of services, including hand-drawn video creativity, customization, and educational resources for video makers. The platform caters to both businesses and individual users, providing professional video services alongside its unique hand-painted video capabilities.

Fenbeitong

Series C in 2021
Fenbeitong is a company that provides an enterprise consumption platform designed to enhance control over corporate expenditures. By utilizing intelligent control rules and reminder mechanisms, Fenbeitong enables businesses to significantly reduce costs associated with travel, vehicle usage, procurement, and other public consumption activities. The platform offers a corporate wallet application that facilitates the management, payment, and reimbursement of corporate expenses, allowing employees to avoid upfront costs and cumbersome reimbursement processes. Additionally, Fenbeitong supports a credit monthly payment system and a unified invoice approach, which streamlines financial operations and boosts overall business efficiency.

NewsBreak

Series C in 2021
NewsBreak is a local news platform that aggregates and distributes timely information from more than 10,000 sources through a mobile app. It serves more than 40 million users across the United States and delivers local and national news, including photos and videos, in a single, accessible location. Based in Mountain View, California, NewsBreak connects users with local information, national publishers, and targeted advertising from local businesses, helping communities stay safer, more vibrant, and better connected.

Weimai

Series C in 2020
Weimai is a developer of a health application platform that aims to enhance medical and health services. The platform offers various features, including Internet-based appointment scheduling, maternal and child disease management, grading diagnosis and treatment, remote diagnosis, and medical records management. By cooperating with local hospitals, Weimai provides a range of services such as medical consultations, internet diagnosis and treatment, health management, and on-site medical and nursing assistance. This integration not only facilitates access to medical care for patients but also helps hospitals improve their operational efficiency. Ultimately, Weimai's goal is to deliver a comprehensive family doctor application that brings medical expertise into homes.

ZEGOCLOUD

Venture Round in 2020
Shenzhen Zego Technology Co., Ltd. is a company based in Shenzhen, China, that specializes in real-time cloud streaming services for audio and video communications. Founded in 2015, Zego offers a comprehensive platform that supports various functionalities, including one-to-one video calls, live broadcasting, and multi-party video conferencing. The platform also provides services for real-time audio streaming, voice chatrooms, and recording and archiving of events such as bank account openings and interviews. Zego targets enterprise and mobile application developers, focusing on delivering stable and high-quality voice and video services across diverse sectors, including social media, online education, and telemedicine. Additionally, the company provides a software development kit (SDK) to facilitate the integration of its services into other applications.

Wangpai Huyu

Angel Round in 2020
Ace Interactive Entertainment is a mobile game developer, formerly known as Beijing Pan-Arab Network Technology Co., Ltd. The company’s business mainly covers two aspects: the development and distribution of mobile games, and its products include casual tower defense games "D-MEN: The Defenders ( The hero returns)" etc.

Fenbeitong

Series B in 2020
Fenbeitong is a company that provides an enterprise consumption platform designed to enhance control over corporate expenditures. By utilizing intelligent control rules and reminder mechanisms, Fenbeitong enables businesses to significantly reduce costs associated with travel, vehicle usage, procurement, and other public consumption activities. The platform offers a corporate wallet application that facilitates the management, payment, and reimbursement of corporate expenses, allowing employees to avoid upfront costs and cumbersome reimbursement processes. Additionally, Fenbeitong supports a credit monthly payment system and a unified invoice approach, which streamlines financial operations and boosts overall business efficiency.

Zhizun Baowu

Series A in 2020
Zhizun Baowu is a developer of a mobile eCommerce platform focused on precious collectibles, including jade items and tea sets. The company provides a secure and user-friendly marketplace that facilitates trading between businesses and collectors. In addition to its eCommerce services, Zhizun Baowu offers blockchain traceability and image identification services, ensuring authenticity and transparency in transactions. The company's approach integrates physical collections with online storage, enabling comprehensive identification, data management, and digital collection issuance. Through these services, Zhizun Baowu aims to enhance the trading experience and promote trust in the collectibles market.

OPay

Series B in 2019
OPay operates a mobile payment service and consumer platform that enables users to send and receive money, pay bills, and order food and groceries. The platform provides secure, easy-to-use financial services with a fast user experience and incentive packages on transfers, airtime, and data top-ups, allowing users to manage payments and transactions from one app. It serves as a comprehensive, mobile-first platform for payments, transportation, food and grocery delivery, and other everyday services, focusing on accessibility and convenience for users in Nigeria.

NewsBreak

Series B in 2019
NewsBreak is a local news platform that aggregates and distributes timely information from more than 10,000 sources through a mobile app. It serves more than 40 million users across the United States and delivers local and national news, including photos and videos, in a single, accessible location. Based in Mountain View, California, NewsBreak connects users with local information, national publishers, and targeted advertising from local businesses, helping communities stay safer, more vibrant, and better connected.

Webuy Group

Series C in 2019
Webuy Group, established in 2017 and headquartered in Hangzhou, China, operates as a community-based e-commerce platform focused on apparel. The company owns several brands, including Shaking Baby and Haoyiku. Webuy Group utilizes a social e-commerce model that connects consumers with brands through WeChat, China's leading social media application. This platform allows merchants to share product links directly within their social networks, facilitating immediate purchases. By leveraging trust built through these networks, Webuy Group enhances customer engagement and offers features such as quick payment settlements and low return rates. Additionally, the company provides ongoing training to support business improvement, helping partner brands manage inventory effectively while enabling individual merchants to reach their customers more efficiently.

Chuman

Series B in 2019
Chuman is a UGC Pan-Secondary Creation Community, providing creative platforms and studios for comic creators, and providing IP incubation and resource docking services. Users can quickly generate a lot of content through third-party or official materials, and can make friends, transactions and other activities within the community through the creation, while the APP also supports the dialogue novel reading function.

OPay

Series A in 2019
OPay operates a mobile payment service and consumer platform that enables users to send and receive money, pay bills, and order food and groceries. The platform provides secure, easy-to-use financial services with a fast user experience and incentive packages on transfers, airtime, and data top-ups, allowing users to manage payments and transactions from one app. It serves as a comprehensive, mobile-first platform for payments, transportation, food and grocery delivery, and other everyday services, focusing on accessibility and convenience for users in Nigeria.

Weimai

Series C in 2019
Weimai is a developer of a health application platform that aims to enhance medical and health services. The platform offers various features, including Internet-based appointment scheduling, maternal and child disease management, grading diagnosis and treatment, remote diagnosis, and medical records management. By cooperating with local hospitals, Weimai provides a range of services such as medical consultations, internet diagnosis and treatment, health management, and on-site medical and nursing assistance. This integration not only facilitates access to medical care for patients but also helps hospitals improve their operational efficiency. Ultimately, Weimai's goal is to deliver a comprehensive family doctor application that brings medical expertise into homes.

O'Pay Electronic Payment

Series A in 2019
O'Pay Electronic Payment is a mobile payment mobile app.

Tangdou

Series C in 2019
Tangdou is a Chinese company that specializes in providing online dance lessons, particularly for senior citizens. Headquartered in China, Tangdou operates a mobile application that allows users to watch and upload dance videos. This platform enables users to learn a variety of dance styles from the convenience of their homes, catering specifically to the interests and needs of older adults. Through its innovative approach, Tangdou aims to promote physical activity and social engagement among seniors, enhancing their quality of life through dance.

Shuashuakan

Angel Round in 2019
Beijing Shuashuakan Network Technology Co., Ltd. is a company that specializes in a short-video e-commerce application designed for user engagement in shopping and content sharing. Founded in 2018 and based in Beijing, China, the platform allows users to share their shopping experiences, consume short videos, and interact by commenting on content uploaded by others. This consumer experience video platform aims to enhance the shopping experience through short-form video content, creating a community where users can connect over shared interests in products and services.

Jiatui

Series A in 2019
Jiatui Technology is a developer of mobile sales management systems focused on creating lightweight, multi-dimensional tools for enhancing sales processes. The company introduced the B2S2C (boss to sales to customer) concept, which aims to streamline communication and data flow between enterprises and their customers. Utilizing core WeChat and artificial intelligence technologies, Jiatui offers innovative products such as digital business cards and an AI-driven sales radar. These applications simplify client networking, customer data analysis, and transactions, enabling sales personnel and managers to efficiently access client information and manage sales activities. By integrating these features, Jiatui enhances the overall sales experience and improves data-driven decision-making for businesses.

Songshu Pinpin

Series B in 2019
Songshu Pinpin is a group-buying e-commerce platform that facilitates the collective purchasing of daily necessities through the WeChat app. The company focuses on providing high-quality essential items at affordable prices, aiming to enhance the quality of life for families within communities. Users can conveniently place orders in groups, which are then processed and delivered to designated community pick-up locations. By simplifying the shopping experience, Songshu Pinpin enables families to access necessary goods more efficiently and economically.

Zhangshang Tangyi

Series C in 2019
Zhangshang Tangyi is a health management platform with a focus on diabetes. It allows patients to upload their own health data to their mobile app and receive treatment guidance from doctors. Zhangshang Tangyi was founded in 2014 and is based in Hangzhou, Zhejiang.

Songshu Pinpin

Series A in 2018
Songshu Pinpin is a group-buying e-commerce platform that facilitates the collective purchasing of daily necessities through the WeChat app. The company focuses on providing high-quality essential items at affordable prices, aiming to enhance the quality of life for families within communities. Users can conveniently place orders in groups, which are then processed and delivered to designated community pick-up locations. By simplifying the shopping experience, Songshu Pinpin enables families to access necessary goods more efficiently and economically.

Webuy Group

Series B in 2018
Webuy Group, established in 2017 and headquartered in Hangzhou, China, operates as a community-based e-commerce platform focused on apparel. The company owns several brands, including Shaking Baby and Haoyiku. Webuy Group utilizes a social e-commerce model that connects consumers with brands through WeChat, China's leading social media application. This platform allows merchants to share product links directly within their social networks, facilitating immediate purchases. By leveraging trust built through these networks, Webuy Group enhances customer engagement and offers features such as quick payment settlements and low return rates. Additionally, the company provides ongoing training to support business improvement, helping partner brands manage inventory effectively while enabling individual merchants to reach their customers more efficiently.

Akulaku

Series C in 2018
Akulaku is a Southeast Asia fintech platform that provides online credit and digital financial services. Founded in 2016 and based in Jakarta, Indonesia, it serves customers across Indonesia, the Philippines, and Malaysia with digital banking, digital financing, digital investment, and insurance brokerage offerings. The company operates a virtual credit card and ecommerce platform, as well as Asetku, an online wealth management service, and a mobile neobank supported by Bank Neo Commerce. It focuses on meeting the daily financial needs of underserved customers in emerging markets and aims to reach about 50 million users across Southeast Asia by 2025.

Zmeng Network Technology (ZMT)

Series C in 2018
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

Ready Go

Series A in 2018
Ready Go is a developer of entertainment products that specializes in creating casual puzzle games and educational materials for children. The company focuses on research and development to innovate in children's gaming, striving to merge entertainment with educational value. Ready Go emphasizes social interaction within its games and aims to produce high-quality, boutique gaming experiences. Additionally, the company operates a game recommendation platform and sharing community through its WeChat applet, "Play ReadyGo," which offers users access to both domestic and international game information.

QingMang

Series A in 2018
QingMang is a media and entertainment company that specializes in creating interest magazines aimed at millennials and young audiences. The company offers a magazine platform application that allows users to customize their layout and content themes, ensuring a personalized reading experience. This platform automatically updates with new content, enabling users to enjoy tailored and high-quality reading materials that resonate with their interests.

MagMode

Series C in 2018
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.

Qeebike

Series A in 2018
Qeebike Technology Co., Ltd is an electric bike rental and sharing service based in Hangzhou, China, founded in October 2016. The company provides a user-friendly mobile application that enables customers to hire, share, and unlock electric bikes using a QR code. Qeebike offers a fleet equipped with high-capacity, high-performance ternary lithium batteries, which significantly extend battery life compared to typical electric vehicle batteries, thereby reducing operating costs and minimizing the frequency of battery replacements. The bikes feature adjustable pedaling and power modes, along with a temporary parking option, allowing riders to take short breaks while using the service. This combination of features positions Qeebike as an efficient and secure transportation alternative for urban commuters, contributing to its strong order volume and profitability.

Opera Software AS

Post in 2018
Opera is a global web innovator with an engaged and growing base of hundreds of millions of monthly active users who seek a better internet experience. Building on over 25 years of innovation that started with browser products, Opera is now leveraging its brand and highly engaged user base in order to expand its business into new segments. Today, Opera offers users around the world a range of products and services that include PC and mobile browsers, the newsreader Opera News, and apps dedicated to gaming, crypto, e-commerce and classifieds. Opera Software AS was established in 1995 by Jon S. von Tetzchner in Oslo, Norway.

Webuy Group

Series B in 2018
Webuy Group, established in 2017 and headquartered in Hangzhou, China, operates as a community-based e-commerce platform focused on apparel. The company owns several brands, including Shaking Baby and Haoyiku. Webuy Group utilizes a social e-commerce model that connects consumers with brands through WeChat, China's leading social media application. This platform allows merchants to share product links directly within their social networks, facilitating immediate purchases. By leveraging trust built through these networks, Webuy Group enhances customer engagement and offers features such as quick payment settlements and low return rates. Additionally, the company provides ongoing training to support business improvement, helping partner brands manage inventory effectively while enabling individual merchants to reach their customers more efficiently.

Webuy Group

Series A in 2018
Webuy Group, established in 2017 and headquartered in Hangzhou, China, operates as a community-based e-commerce platform focused on apparel. The company owns several brands, including Shaking Baby and Haoyiku. Webuy Group utilizes a social e-commerce model that connects consumers with brands through WeChat, China's leading social media application. This platform allows merchants to share product links directly within their social networks, facilitating immediate purchases. By leveraging trust built through these networks, Webuy Group enhances customer engagement and offers features such as quick payment settlements and low return rates. Additionally, the company provides ongoing training to support business improvement, helping partner brands manage inventory effectively while enabling individual merchants to reach their customers more efficiently.

Agora

Series B in 2018
Agora is a rapidly growing provider of Communications-Platform-as-a-Service (CPaaS) solutions, specializing in mobile-first, real-time communication technologies for developers and businesses worldwide. The company's widely adopted API enables real-time communication features such as voice calling, video calling, group conferencing, and interactive broadcasting, and is installed on over 500 million devices. Agora's services cater to diverse industries, including telemedicine, education, financial services, customer service, social media applications, and mobile gaming. With a focus on reliability, accessibility, and scalability, Agora operates primarily in China and the United States, generating the majority of its revenue from the Chinese market.

Ready Go

Series A in 2018
Ready Go is a developer of entertainment products that specializes in creating casual puzzle games and educational materials for children. The company focuses on research and development to innovate in children's gaming, striving to merge entertainment with educational value. Ready Go emphasizes social interaction within its games and aims to produce high-quality, boutique gaming experiences. Additionally, the company operates a game recommendation platform and sharing community through its WeChat applet, "Play ReadyGo," which offers users access to both domestic and international game information.

Rossignol

Corporate Round in 2018
Rossignol is a mobile app developer company and developed an app Ski Pursuit. This company was founded in 1907. This app is compatible with iPod touc

MicroVcard

Series A in 2018
MicroVcard is a company that specializes in providing electronic business card solutions for enterprises. It offers services such as the online design and production of digital business cards, along with a variety of customizable template styles. Additionally, MicroVcard facilitates batch distributions and management services for organizations, which include handling member resignations and modifications to business card information. The company has also developed a mobile application that allows users to create, receive, and save electronic business cards using WeChat, offering a convenient method for exchanging contact information.

Jiatui

Series A in 2018
Jiatui Technology is a developer of mobile sales management systems focused on creating lightweight, multi-dimensional tools for enhancing sales processes. The company introduced the B2S2C (boss to sales to customer) concept, which aims to streamline communication and data flow between enterprises and their customers. Utilizing core WeChat and artificial intelligence technologies, Jiatui offers innovative products such as digital business cards and an AI-driven sales radar. These applications simplify client networking, customer data analysis, and transactions, enabling sales personnel and managers to efficiently access client information and manage sales activities. By integrating these features, Jiatui enhances the overall sales experience and improves data-driven decision-making for businesses.

Xiaodaka

Series A in 2018
Xiaodaka is a social application that operates a mini program on the WeChat platform, focusing on check-in management and data recording services. The app enables users to join various communities, such as reading, fitness, and foreign language study, where they can "punch-in" by sharing pictures and texts to document their progress. This feature promotes positive reinforcement and encourages users to maintain persistence in their chosen activities. Through its community-oriented approach, Xiaodaka fosters engagement and social interaction among users, enhancing their commitment to personal development and goal achievement.

CastBox

Series B in 2018
Founded in 2016, CastBox operates a global spoken audio platform offering personalized recommendations for listeners of podcasts, on-demand radio, and audiobooks. Its application is accessible across mobile devices, desktops, and smart home devices, with offices in Beijing, Hong Kong, and San Francisco.

Niu Technologies

Series B in 2018
Niu Technologies designs, manufactures, and sells smart electric scooters, motorcycles, bicycles, and accessories under the NIU brand. Its products include NQi, MQi, UQi series e-scooters, RQi and TQi urban commuter electric motorcycles, and NIU Aero bicycles. The company offers services such as online repair requests, insurance, maintenance, and smart services through its NIU app. It operates through city partners, franchised stores, and third-party platforms in China and internationally.

Qeebike

Series A in 2018
Qeebike Technology Co., Ltd is an electric bike rental and sharing service based in Hangzhou, China, founded in October 2016. The company provides a user-friendly mobile application that enables customers to hire, share, and unlock electric bikes using a QR code. Qeebike offers a fleet equipped with high-capacity, high-performance ternary lithium batteries, which significantly extend battery life compared to typical electric vehicle batteries, thereby reducing operating costs and minimizing the frequency of battery replacements. The bikes feature adjustable pedaling and power modes, along with a temporary parking option, allowing riders to take short breaks while using the service. This combination of features positions Qeebike as an efficient and secure transportation alternative for urban commuters, contributing to its strong order volume and profitability.

SEE Xiaodianpu

Series C in 2018
SEE Xiaodiaopu is a content commercialization alliance and small program e-commerce SaaS service platform. SEE helps thousands of people create "small program stores" and establishes a channel for the brand to enter WeChat and reach new users. SEE also helps with brand sales and reputation through content communication and marketing. SEE has partnered with more than 1000 brands, covering beauty, home, snacks, fashion, and curriculum categories. In addition, SEE has established exclusive cooperation with dozens of WeChat brands.

Ping An Good Doctor

Series F in 2018
Ping An Health Internet is a wholly owned subsidiary of China Ping An Group, an important member of the Internet business segment/. It was established in August 2014 with 350 million yuan registered capital and is headquartered in Shanghai, China. Companies around the network of doctors, drug network and information network formed three product lines, involving online inquiry, a plurality of segments of the doctor-patient health care management, drug O2O, electronic health records, chronic disease management, child health services. Chinese company to the mobile Internet era medical wisdom of the leader as the goal, to create a user-stop health management solutions provider, China's largest Internet to build a healthy industry ecosystem. Ping An Health Internet also developed a children's health management and chronic disease management, and other vertical applications, to meet the needs of market segments. Reform the health care system combined with the trend, the company vigorously promote the integration of physician resources.

Hunlimao

Series B in 2018
Hunlimao is a wedding planning platform that operates using an online-to-offline (O2O) business model. The company offers a comprehensive range of services, including wedding banquet booking, wedding planning, and photography services. In addition to these core offerings, Hunlimao provides various free features to enhance the wedding experience, such as WeChat photo albums and personalized fashion and beauty options. By delivering one-stop professional assistance, Hunlimao aims to streamline the wedding planning process for customers.

Songxiaocai

Series B in 2018
Songxiaocai is a mobile Internet platform that facilitates the trading of agricultural products through an online B2B marketplace. It provides a range of services, including vegetable picking, distribution, and after-sales support, specifically tailored for small and medium-sized retailers. By offering comprehensive solutions that encompass information retrieval, purchasing, and efficient distribution, Songxiaocai enables farmers, wholesalers, and retailers to conduct their business operations more effectively.

Light Oxygen Technology

Series A in 2018
Light Oxygen Technology Co., Ltd. is a technology company based in Wuhan, China, established in 2017. The company specializes in developing software solutions that enable users to locate, reserve, and monitor washing machines and drying machines within close proximity. Its offerings primarily cater to university dormitories, hotels, and serviced apartments, facilitating convenient access to shared laundry facilities. Through its innovative software, Light Oxygen Technology enhances the user experience by allowing customers to manage their laundry needs efficiently using their mobile devices.

Pony.ai

Series A in 2018
Founded in 2016, Pony.ai develops artificial intelligence software for autonomous mobility deployment, focusing on manufacturing automated vehicles and offering public-facing Robotaxi services. The company operates fully driverless robotaxis through the PonyPilot mobile app in major Chinese cities.

Jiatui

Angel Round in 2017
Jiatui Technology is a developer of mobile sales management systems focused on creating lightweight, multi-dimensional tools for enhancing sales processes. The company introduced the B2S2C (boss to sales to customer) concept, which aims to streamline communication and data flow between enterprises and their customers. Utilizing core WeChat and artificial intelligence technologies, Jiatui offers innovative products such as digital business cards and an AI-driven sales radar. These applications simplify client networking, customer data analysis, and transactions, enabling sales personnel and managers to efficiently access client information and manage sales activities. By integrating these features, Jiatui enhances the overall sales experience and improves data-driven decision-making for businesses.

Chuman

Series A in 2017
Chuman is a UGC Pan-Secondary Creation Community, providing creative platforms and studios for comic creators, and providing IP incubation and resource docking services. Users can quickly generate a lot of content through third-party or official materials, and can make friends, transactions and other activities within the community through the creation, while the APP also supports the dialogue novel reading function.

Zmeng Network Technology (ZMT)

Series B in 2017
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

ChangingEdu

Series D in 2017
ChangingEdu is a Shanghai-based company that specializes in online education services through its mobile applications. The platform facilitates connections between students, parents, and teachers, specifically targeting after-school tutoring services. By offering a comprehensive online platform, ChangingEdu enables parents to find suitable tutors for their children, allowing for personalized one-on-one counseling. The service provides all-subject teaching and tutoring options tailored for primary and middle school students, available both at home and online.

Huisuanzhang

Series B in 2017
Huisuanzhang is a financial services platform established in April 2015, catering to the needs of small and medium-sized enterprises (SMEs) in China. The company offers a range of services, including bookkeeping, invoicing, tax planning, accounting, business registration, and trademark registration, all designed to streamline financial operations for integrated enterprises. Utilizing cloud and mobile Internet technologies, Huisuanzhang delivers affordable and efficient financial services across a broad network that covers over 200 cities in China, bolstered by more than 300 regional service agencies. With a focus on innovation and user experience, the company continuously enhances its service offerings to address the specific challenges faced by SMEs. As of September 2017, Huisuanzhang's reach extends to over 230,000 business users, establishing itself as a key player in providing comprehensive financial and tax solutions within the Chinese market.

CastBox

Series A in 2017
Founded in 2016, CastBox operates a global spoken audio platform offering personalized recommendations for listeners of podcasts, on-demand radio, and audiobooks. Its application is accessible across mobile devices, desktops, and smart home devices, with offices in Beijing, Hong Kong, and San Francisco.

Meituan

Series F in 2017
Meituan is a Beijing-based Chinese technology platform that combines on-demand food delivery, local commerce, and social shopping. It retails and delivers Chinese food from local restaurants online and operates a social commerce website offering online group discounts for food, groceries, tickets, and other services, including entertainment and health/fitness sectors. Meituan is described as the largest food delivery platform in China, with a market share of roughly 60-70% in 2024 according to Morningstar estimates. In the third quarter of 2024, about 74% of revenue came from the core local commerce segment, encompassing on-demand food delivery, retail and in-store services such as visits to beauty and entertainment venues after purchasing deals, and hotel and travel booking, while the remaining 26% came from newer initiatives like Meituan Select and overseas food delivery. The company originated as Meituan Group in 2010, became Meituan-Dianping in 2015, and rebranded to Meituan in 2020.

YCloset

Series C in 2017
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

Fenbeitong

Series A in 2017
Fenbeitong is a company that provides an enterprise consumption platform designed to enhance control over corporate expenditures. By utilizing intelligent control rules and reminder mechanisms, Fenbeitong enables businesses to significantly reduce costs associated with travel, vehicle usage, procurement, and other public consumption activities. The platform offers a corporate wallet application that facilitates the management, payment, and reimbursement of corporate expenses, allowing employees to avoid upfront costs and cumbersome reimbursement processes. Additionally, Fenbeitong supports a credit monthly payment system and a unified invoice approach, which streamlines financial operations and boosts overall business efficiency.

Lianshang

Series C in 2017
Lianshang is an online platform dedicated to fabric trading, designed to facilitate business-to-business transactions in the textile industry. The platform provides fabric manufacturers with a channel to bid for orders, streamlining the procurement process. It offers a range of services, including fabric purchasing, inspection and testing, and logistics support. Additionally, Lianshang's mobile application enhances user experience by allowing customers to identify fabric colors and place orders directly with manufacturers. This approach enables a more efficient and direct purchasing process for fabrics, benefiting both buyers and sellers in the market.

Akulaku

Series B in 2017
Akulaku is a Southeast Asia fintech platform that provides online credit and digital financial services. Founded in 2016 and based in Jakarta, Indonesia, it serves customers across Indonesia, the Philippines, and Malaysia with digital banking, digital financing, digital investment, and insurance brokerage offerings. The company operates a virtual credit card and ecommerce platform, as well as Asetku, an online wealth management service, and a mobile neobank supported by Bank Neo Commerce. It focuses on meeting the daily financial needs of underserved customers in emerging markets and aims to reach about 50 million users across Southeast Asia by 2025.

Tuge Keji

Series A in 2017
Tuge Technology develops intercommunication technologies including WIFI translator, global pocket WIFI, IoT module, and other mobile applications, providing effective and reliable communication solutions to users.

Hehuan Yiliao

Series A in 2017
Hehuan Yiliao, based in Beijing, China, specializes in online medical consultation services, offering remote image consultation to enhance healthcare delivery. The company has developed a mobile platform that facilitates collaboration among medical practitioners, enabling efficient communication and consultation between doctors. By leveraging technology, Hehuan Yiliao aims to improve access to medical expertise and streamline the consultation process for healthcare professionals.

Wacai.com

Series C in 2017
Wacai is a Chinese mobile app developer specializing in personal finance management through its widely-used mobile application. Since its launch in 2009, the app has provided users with bookkeeping services and expanded its functionality to include mutual fund trading in 2013. In 2014, Wacai introduced a credit card manager feature, which has become increasingly popular among users in China. The app aims to help individuals manage their finances effectively by offering tools for personal bookkeeping, credit management, and an online community for financial assistance. With a user base exceeding 40 million, Wacai continues to enhance its platform to meet the evolving needs of its clientele.

NewsBreak

Series B in 2017
NewsBreak is a local news platform that aggregates and distributes timely information from more than 10,000 sources through a mobile app. It serves more than 40 million users across the United States and delivers local and national news, including photos and videos, in a single, accessible location. Based in Mountain View, California, NewsBreak connects users with local information, national publishers, and targeted advertising from local businesses, helping communities stay safer, more vibrant, and better connected.

Beijing Helijia Information Technology

Series D in 2017
Beijing Helijia Information Technology Co., Ltd. is a Chinese startup specializing in beauty, hair, and nail services. Founded in 2014 and based in Beijing, the company operates a mobile application that allows customers to conveniently book a variety of personal care services, including hairdressing, manicures, eyelash extensions, and body shaping. The platform connects users with service providers, enabling them to choose from various service combinations based on their location. By eliminating traditional overhead costs associated with physical salons, Helijia can offer competitive pricing. The application employs a merit-based rating system for service providers, enhancing accountability and quality. Additionally, Helijia offers a range of skincare products, particularly those featuring hyaluronic acid, aimed at moisturizing and anti-aging.

MagMode

Series B in 2017
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.

LiveMe

Series A in 2017
LiveMe is a live broadcasting app that lets you discover new content, find cool people, build a community, and earn cash rewards.

Akulaku

Series A in 2017
Akulaku is a Southeast Asia fintech platform that provides online credit and digital financial services. Founded in 2016 and based in Jakarta, Indonesia, it serves customers across Indonesia, the Philippines, and Malaysia with digital banking, digital financing, digital investment, and insurance brokerage offerings. The company operates a virtual credit card and ecommerce platform, as well as Asetku, an online wealth management service, and a mobile neobank supported by Bank Neo Commerce. It focuses on meeting the daily financial needs of underserved customers in emerging markets and aims to reach about 50 million users across Southeast Asia by 2025.

YCloset

Series B in 2017
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

Zmeng Network Technology (ZMT)

Series B in 2017
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

Youon Bike

Series A in 2017
Youon Technology Co., Ltd. specializes in providing green transportation services through its Internet of Things technology and data platform. The company operates a comprehensive green sharing travel service platform called Wing of the Line, which is available in 220 cities and encompasses 32,000 shared bicycle stations with a fleet of 800,000 bicycles. Youon aims to promote environmentally friendly travel habits and has implemented public bicycle projects across more than 200 counties in China, contributing to the construction of 30,000 public bicycle sites. The Youon national public bicycle system boasts over 15 million active users, with peak rental activity reaching 2.2 million transactions per day. To enhance service delivery, Youon has established 105 branches and operations centers nationwide, employing approximately 4,500 personnel. The company emphasizes technological and service innovation, offering a platform that supports various methods for bike rental, including QR code scanning through popular payment applications.

Dida Chuxing

Series D in 2017
Dida Chuxing operates an online travel platform offering taxi-hailing and carpooling services in China, with a focus on developing real rides and smart taxis to meet users' travel needs.

Anxin Doctor

Series B in 2017
Anxin Doctor is a mobile health platform focused on maternal and pediatric care, designed to connect patients with obstetricians, gynecologists, and pediatricians. The platform provides a mobile application that facilitates access to healthcare advice and allows users to book clinical appointments with healthcare professionals. By enhancing communication between patients and doctors, Anxin Doctor aims to improve health outcomes for mothers and children, making healthcare more accessible and efficient.

Akulaku

Series A in 2017
Akulaku is a Southeast Asia fintech platform that provides online credit and digital financial services. Founded in 2016 and based in Jakarta, Indonesia, it serves customers across Indonesia, the Philippines, and Malaysia with digital banking, digital financing, digital investment, and insurance brokerage offerings. The company operates a virtual credit card and ecommerce platform, as well as Asetku, an online wealth management service, and a mobile neobank supported by Bank Neo Commerce. It focuses on meeting the daily financial needs of underserved customers in emerging markets and aims to reach about 50 million users across Southeast Asia by 2025.

Pony.ai

Seed Round in 2017
Founded in 2016, Pony.ai develops artificial intelligence software for autonomous mobility deployment, focusing on manufacturing automated vehicles and offering public-facing Robotaxi services. The company operates fully driverless robotaxis through the PonyPilot mobile app in major Chinese cities.

Hunlimao

Series A in 2017
Hunlimao is a wedding planning platform that operates using an online-to-offline (O2O) business model. The company offers a comprehensive range of services, including wedding banquet booking, wedding planning, and photography services. In addition to these core offerings, Hunlimao provides various free features to enhance the wedding experience, such as WeChat photo albums and personalized fashion and beauty options. By delivering one-stop professional assistance, Hunlimao aims to streamline the wedding planning process for customers.

Huisuanzhang

Series A in 2016
Huisuanzhang is a financial services platform established in April 2015, catering to the needs of small and medium-sized enterprises (SMEs) in China. The company offers a range of services, including bookkeeping, invoicing, tax planning, accounting, business registration, and trademark registration, all designed to streamline financial operations for integrated enterprises. Utilizing cloud and mobile Internet technologies, Huisuanzhang delivers affordable and efficient financial services across a broad network that covers over 200 cities in China, bolstered by more than 300 regional service agencies. With a focus on innovation and user experience, the company continuously enhances its service offerings to address the specific challenges faced by SMEs. As of September 2017, Huisuanzhang's reach extends to over 230,000 business users, establishing itself as a key player in providing comprehensive financial and tax solutions within the Chinese market.

TapTap

Series A in 2016
TapTap is a mobile game platform that functions as a community for game enthusiasts and a store for downloading and purchasing mobile titles. It operates as an online games portal and sharing platform, connecting users to a wide range of games, reviews, and community interactions to help discover, discuss, and enjoy mobile games.

Tangdou

Series B in 2016
Tangdou is a Chinese company that specializes in providing online dance lessons, particularly for senior citizens. Headquartered in China, Tangdou operates a mobile application that allows users to watch and upload dance videos. This platform enables users to learn a variety of dance styles from the convenience of their homes, catering specifically to the interests and needs of older adults. Through its innovative approach, Tangdou aims to promote physical activity and social engagement among seniors, enhancing their quality of life through dance.

MagMode

Series A in 2016
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.

PlaySimple Games

Series A in 2016
PlaySimple Games Private Limited is a Bengaluru-based company that develops mobile social games, focusing primarily on trivia, word, and puzzle genres. Incorporated in 2014, it aims to create engaging gaming experiences that facilitate connections among players. The company is known for its popular game, GuessUp, which is available on both Android and iOS platforms. PlaySimple's offerings feature a diverse array of word games that cater to all age groups, enabling users to enjoy interactive gameplay while connecting with others.

Songshu Pinpin

Seed Round in 2016
Songshu Pinpin is a group-buying e-commerce platform that facilitates the collective purchasing of daily necessities through the WeChat app. The company focuses on providing high-quality essential items at affordable prices, aiming to enhance the quality of life for families within communities. Users can conveniently place orders in groups, which are then processed and delivered to designated community pick-up locations. By simplifying the shopping experience, Songshu Pinpin enables families to access necessary goods more efficiently and economically.

SKIIN

Angel Round in 2016
SKIIN has a lot of sensors. Many more than other wearable devices on the market. The amount of data generated by a person wearing a SKIIN garment is massive. The different combinations of sensors will allow for near unlimited use cases. In order to tackle this broad range of possible experiences created by the diversity of Skiin sensors, they are working with 3rd party app developers to build experiences using biodata collected from a Skiin user.

NewsBreak

Series A in 2016
NewsBreak is a local news platform that aggregates and distributes timely information from more than 10,000 sources through a mobile app. It serves more than 40 million users across the United States and delivers local and national news, including photos and videos, in a single, accessible location. Based in Mountain View, California, NewsBreak connects users with local information, national publishers, and targeted advertising from local businesses, helping communities stay safer, more vibrant, and better connected.

Daling

Series C in 2016
Daling owns and operates mobile shopping application. The company is based in Beijing, China.

PDD Holdings

Series B in 2016
Pinduoduo operates an e-commerce platform in China, allowing users to engage in group buying deals primarily through Tencent's WeChat app. Founded in 2015 and headquartered in Shanghai, Pinduoduo offers a diverse range of products including apparel, electronics, household goods, and food items. The platform aims to facilitate access to the digital economy for local communities and small businesses, enhancing productivity and creating new opportunities. Pinduoduo has developed a robust network of sourcing, logistics, and fulfillment capabilities to support its operations and improve customer experience.

OK Car Insurance

Series A in 2016
OK Car Insurance is a third-party service provider that helps consumers buy auto insurance online and insurers improve risk profile and generate more profits. It roots deeply in car usage scenes, connecting services such as auto insurance, traffic violation, and fueling. It also creatively developed auto insurance services for car stickers, traffic jams, and others. Its user’s loyalty and interactions are far higher than the industry's average level. The domestic initiative mobile phone IoV (Internet of Vehicles) product OKDrive SDK from the company has obtained a patent. It allows users have access to user's driving behavior data without the help of intelligent hardware, which is a leading technique for domestic mobile network. The company was founded in 2014 and is headquartered in Shanghai, China.

CastBox

Seed Round in 2016
Founded in 2016, CastBox operates a global spoken audio platform offering personalized recommendations for listeners of podcasts, on-demand radio, and audiobooks. Its application is accessible across mobile devices, desktops, and smart home devices, with offices in Beijing, Hong Kong, and San Francisco.

SimplyWork

Series A in 2016
SimplyWork was launched in 2010 with the mission to create a new breed of mobile-first enterprise software applications. Built upon the modern standards of HTML5, Javascript and CSS, the web-based apps work across all devices which support the latest web standards, while providing a ‘native’ or ‘desktop’ app experience. Their team has been building, deploying and supporting business apps for timekeeping, attendance, scheduling, leave management and related areas for over 20 years across several business platforms. SimplyWork represents their choice to clear the slate and start fresh, with no legacy links or limitations. They believe a great product, followed with a great customer experience will make a difference.

DOVO GAME

Series A in 2016
DOVO GAME is engaged in the management, upkeep, agency distribution, research, and development of mobile and web games. It operates comprehensive interactive application services for games and animation products, addressing users' varied needs for browsing, communication, sharing, and entertainment.

Ping An Good Doctor

Series A in 2016
Ping An Health Internet is a wholly owned subsidiary of China Ping An Group, an important member of the Internet business segment/. It was established in August 2014 with 350 million yuan registered capital and is headquartered in Shanghai, China. Companies around the network of doctors, drug network and information network formed three product lines, involving online inquiry, a plurality of segments of the doctor-patient health care management, drug O2O, electronic health records, chronic disease management, child health services. Chinese company to the mobile Internet era medical wisdom of the leader as the goal, to create a user-stop health management solutions provider, China's largest Internet to build a healthy industry ecosystem. Ping An Health Internet also developed a children's health management and chronic disease management, and other vertical applications, to meet the needs of market segments. Reform the health care system combined with the trend, the company vigorously promote the integration of physician resources.

MagMode

Seed Round in 2016
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.

Songxiaocai

Series A in 2016
Songxiaocai is a mobile Internet platform that facilitates the trading of agricultural products through an online B2B marketplace. It provides a range of services, including vegetable picking, distribution, and after-sales support, specifically tailored for small and medium-sized retailers. By offering comprehensive solutions that encompass information retrieval, purchasing, and efficient distribution, Songxiaocai enables farmers, wholesalers, and retailers to conduct their business operations more effectively.

YCloset

Series A in 2016
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

Lianshang

Series B in 2016
Lianshang is an online platform dedicated to fabric trading, designed to facilitate business-to-business transactions in the textile industry. The platform provides fabric manufacturers with a channel to bid for orders, streamlining the procurement process. It offers a range of services, including fabric purchasing, inspection and testing, and logistics support. Additionally, Lianshang's mobile application enhances user experience by allowing customers to identify fabric colors and place orders directly with manufacturers. This approach enables a more efficient and direct purchasing process for fabrics, benefiting both buyers and sellers in the market.

Animoca Brands

Post in 2016
Animoca Brands is a venture capital firm focused on driving digital property rights to gamers and internet users through non-fungible tokens (NFTs). It leverages gamification and blockchain technology to develop, market, and invest in mobile applications, games, and additional products centered around educational learning, ensuring transparency, security, and new business models.

Niu Technologies

Series A in 2016
Niu Technologies designs, manufactures, and sells smart electric scooters, motorcycles, bicycles, and accessories under the NIU brand. Its products include NQi, MQi, UQi series e-scooters, RQi and TQi urban commuter electric motorcycles, and NIU Aero bicycles. The company offers services such as online repair requests, insurance, maintenance, and smart services through its NIU app. It operates through city partners, franchised stores, and third-party platforms in China and internationally.

Fenbeitong

Series A in 2016
Fenbeitong is a company that provides an enterprise consumption platform designed to enhance control over corporate expenditures. By utilizing intelligent control rules and reminder mechanisms, Fenbeitong enables businesses to significantly reduce costs associated with travel, vehicle usage, procurement, and other public consumption activities. The platform offers a corporate wallet application that facilitates the management, payment, and reimbursement of corporate expenses, allowing employees to avoid upfront costs and cumbersome reimbursement processes. Additionally, Fenbeitong supports a credit monthly payment system and a unified invoice approach, which streamlines financial operations and boosts overall business efficiency.

Youwuku

Angel Round in 2016
Youwuku provides micro-malls, has developed a set of domestic mobile social operation theory products, and offers micro-malls. An operating system in the form of a matrix is developed using existing e-commerce channels. They provide services for agent operations, companion operations, and training.
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