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

Young Guo

General Partner

Past deals in Supply Chain Management

Qiangua Technology

Seed Round in 2024
Qiangua Technology is a Chinese company specializing in autonomous driving technology for logistics and transportation. It develops unmanned cargo truck solutions aimed at enhancing the efficiency of the autopilot industry. By leveraging advanced automated driving systems, Qiangua Technology offers trunk logistics services that cater to the growing demand for innovative transportation solutions. The company focuses on improving the logistics sector through its cutting-edge technology, positioning itself as a key player in the development of autonomous transportation services.

Jumeng

Series B in 2022
Jumeng is a Shanghai-based company that develops a logistics service platform focused on shipping and enterprise software. Its technology facilitates the creation of a network connecting businesses with shipping providers, streamlining processes for issuing invoices and obtaining shipping services and insurance. By enhancing the efficiency of logistics operations, Jumeng aims to simplify the shipping process for businesses across various sectors.

Qiangua Technology

Series A in 2021
Qiangua Technology is a Chinese company specializing in autonomous driving technology for logistics and transportation. It develops unmanned cargo truck solutions aimed at enhancing the efficiency of the autopilot industry. By leveraging advanced automated driving systems, Qiangua Technology offers trunk logistics services that cater to the growing demand for innovative transportation solutions. The company focuses on improving the logistics sector through its cutting-edge technology, positioning itself as a key player in the development of autonomous transportation services.

Xiekeyun

Series B in 2021
Xiekeyun is a company based in Nanshan District, Shenzhen, specializing in supplier relationship management (SRM) software. It leverages advanced cloud computing and big data technology to enhance the efficiency of manufacturing supply chains across various industries, including electronics, mechanical equipment, batteries, and home appliances. By integrating new-generation industrial Internet information technology with manufacturing resources, Xiekeyun provides a platform that enables businesses to optimize their supply chain management processes. The company's offerings aim to streamline supplier interactions and enhance overall operational efficiency.

Bizongo

Series C in 2021
Bizongo is a tech-enabled B2B e-commerce and supply chain platform specializing in customized goods, including packaging, textiles, and apparel. Founded in 2015 by three IIT graduates, the company aims to digitize the fragmented B2B segment of made-to-order products. Bizongo offers a comprehensive suite of services such as digital vendor management, supply chain automation, and supply chain financing. Its platform connects businesses with a network of over 1,500 curated manufacturers, addressing key challenges like inventory management and operational efficiency. Through its innovative approach, Bizongo seeks to streamline the supply chain process, reduce costs, and facilitate easier contract management for its clients.

Jumeng

Series B in 2020
Jumeng is a Shanghai-based company that develops a logistics service platform focused on shipping and enterprise software. Its technology facilitates the creation of a network connecting businesses with shipping providers, streamlining processes for issuing invoices and obtaining shipping services and insurance. By enhancing the efficiency of logistics operations, Jumeng aims to simplify the shipping process for businesses across various sectors.

Dmall

Series C in 2020
Dmall is a cloud-based, end-to-end SaaS platform for local retailers and brand owners in China and Asia. Its offerings include a retail core service cloud, an e-commerce service cloud, and a marketing and advertising service cloud, all designed to improve operations, sales, and customer experiences. Built on Dmall OS and AIoT, the platform provides integrated data insights across retail activities to guide actionable improvements. The three clouds work together to deliver a one-stop solution for streamlined operations, commerce, and marketing. Dmall is positioned as a leader in retail digitalization, addressing core needs such as upgrading consumer experience, increasing operational efficiency, safeguarding system security, and supporting ESG responsibilities.

HyperSKU

Series A in 2020
HyperSKU is a dropshipping supplier that provides an online platform designed to assist dropshippers and small to medium-sized businesses in optimizing their eCommerce operations. The company offers a diverse range of products, including women's clothing, pet supplies, consumer electronics, health and beauty items, as well as home and kitchen goods. Its platform features a dynamic supplier database for efficient product sourcing, real-time synchronization with clients' stores, and express international shipping at competitive rates. By simplifying the sourcing and fulfillment processes, HyperSKU enables dropshippers to quickly fulfill orders and deliver products to customers reliably and efficiently.

Club Factory

Series D in 2019
Club Factory is an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. By leveraging big data and artificial intelligence, the company scans the internet to identify factories that sell products on various platforms such as Wish, eBay, and Amazon. This allows Club Factory to compare prices from multiple sources, ultimately presenting customers with the lowest available prices. In addition to enhancing the shopping experience for consumers, the company also provides supply chain management solutions for enterprises, enabling them to optimize their operations and improve cost efficiency.

Smart Fabric Technology

Series C in 2019
Smart Fabric Technology is an innovative enterprise that transforms the textile production and trade process through a cloud-based ERP system. By leveraging the Internet of Things, Smart Fabric connects various stakeholders in the textile supply chain, including garment factories, spinning mills, and dyeing facilities, to streamline operations from customer orders to fabric production. The company focuses on providing intelligent, data-driven manufacturing solutions that enhance efficiency and enable textile manufacturers to digitize their production workflows. By integrating advanced technology into the manufacturing process, Smart Fabric facilitates better management of supply chain demands and enhances collaboration among suppliers, manufacturers, and factories, positioning itself as a leader in smart manufacturing within the textile industry.

Jumeng

Series A in 2019
Jumeng is a Shanghai-based company that develops a logistics service platform focused on shipping and enterprise software. Its technology facilitates the creation of a network connecting businesses with shipping providers, streamlining processes for issuing invoices and obtaining shipping services and insurance. By enhancing the efficiency of logistics operations, Jumeng aims to simplify the shipping process for businesses across various sectors.

Yicang Youpin

Angel Round in 2019
Henan Yicang Youpin Department Store Co., Ltd. is a Chinese retailer that specializes in the online sale of various apparel brands, including clothing, footwear, and children's wear. Established in 2016, the company focuses on promoting domestic brands and operates under a multi-brand strategy that integrates both physical and online retail channels. Its business model emphasizes a new retail format, linking stores with e-commerce to foster a consumer ecosystem. With its headquarters in Xinxiang, Yicang Youpin aims to expand its reach across the country, particularly in third- and fourth-tier cities, through franchise brand collection discount stores and centralized sales strategies. The company supports small local businesses by providing low-cost entry points for aspiring entrepreneurs to launch their own apparel shops, thereby enhancing consumer choices and driving brand promotion.

T11 Food Market

Series A in 2019
T11 Food Market operates a retail supermarket that provides fresh groceries through both an online platform and physical stores. The company utilizes smart retail technology to enhance supply chain operations, ensuring the delivery of high-quality fresh food products. By combining online accessibility with offline shopping experiences, T11 Food Market aims to offer customers a safe and efficient way to obtain fresh groceries.

H Hotel

Corporate Round in 2019
H Chain Hotel is committed to helping all kinds of existing single-family hotels in China to increase revenue through membership system and revenue management. Through talent empowerment, technology empowerment and supply chain empowerment, the company can save costs and improve the competitiveness of franchisees. Join hands in creating a new century hotel brand in China.

H Hotel

Series A in 2019
H Chain Hotel is committed to helping all kinds of existing single-family hotels in China to increase revenue through membership system and revenue management. Through talent empowerment, technology empowerment and supply chain empowerment, the company can save costs and improve the competitiveness of franchisees. Join hands in creating a new century hotel brand in China.

Jusda

Series A in 2019
Jusda International Supply Chain Management Co., Ltd., founded in 2000 and based in Shenzhen, China, specializes in providing comprehensive supply chain management services. The company serves as a platform for freight and logistics solutions, including e-commerce supply chain services on an international scale. As a key service provider for Foxconn Technology Group, Jusda is focused on enhancing the efficiency and professionalism of supply chain management through advanced technology and research and development. Its innovative business model integrates multiple flows—trading, goods, information, capital, technology, and processes—aiming to streamline operations and drive growth within the supply chain sector.

Serving Cloud

Series A in 2018
Serving Cloud is a software as a service (SaaS) company that specializes in enhancing supplier collaboration for large enterprises. It offers a comprehensive platform that facilitates the management of contracts, output values, invoices, settlements, and supply chain finance between suppliers and core companies. The company's invoice management system enables users to handle their invoices online, while its supply chain financial service platform streamlines access to financing, thereby improving overall financing efficiency for corporate clients. By integrating these services, Serving Cloud supports organizations in optimizing their supply chain operations and financial management.

T11 Food Market

Angel Round in 2018
T11 Food Market operates a retail supermarket that provides fresh groceries through both an online platform and physical stores. The company utilizes smart retail technology to enhance supply chain operations, ensuring the delivery of high-quality fresh food products. By combining online accessibility with offline shopping experiences, T11 Food Market aims to offer customers a safe and efficient way to obtain fresh groceries.

XforcePlus

Series B in 2018
XforcePlus is a company specializing in enterprise collaborative software solutions delivered as a service. It focuses on providing internet-based and cloud-innovated software for supply chain collaboration and invoice management. The company's offerings include comprehensive tools for supply chain settlement, real-time electronic account management, VAT invoicing, electronic billing, payment reconciliation, tax reporting, and tax analysis. By utilizing XforcePlus's software, businesses can enhance their invoicing and taxation efficiency, ultimately improving financial security and capital management.

Jumeng

Seed Round in 2018
Jumeng is a Shanghai-based company that develops a logistics service platform focused on shipping and enterprise software. Its technology facilitates the creation of a network connecting businesses with shipping providers, streamlining processes for issuing invoices and obtaining shipping services and insurance. By enhancing the efficiency of logistics operations, Jumeng aims to simplify the shipping process for businesses across various sectors.

TMiRob

Series B in 2018
TMiRob is a developer of medical robots focused on enhancing operational efficiency in hospital and clinical settings. The company creates advanced robotic solutions that assist medical staff in various tasks, including the management of high-value consumables, delivery of infusion packages, and distribution of instruments. Additionally, TMiRob's technology supports intelligent management systems for medicine cabinets and facilitates the disposal of medical waste. By streamlining these processes, TMiRob aims to reduce labor costs and improve overall management efficiency in healthcare environments.

ZaiLouXia

Series A in 2018
Beijing ZaiLouXia Technology Co., Ltd. operates an unmanned convenience store that specializes in offering a range of products, including snacks, fresh produce, and groceries. The company has also developed a public refrigerator aimed at enhancing the quality of life for individuals by providing a safe and reliable food supply chain. This innovative refrigerator facilitates self-service shopping, reduces delivery and packaging costs, and enhances community security. By focusing on convenience and accessibility, ZaiLouXia enables customers to easily purchase fresh food products, contributing to a more efficient and sustainable shopping experience.

ezbuy Holdings

Series C in 2018
ezbuy Holdings Limited is a prominent online marketplace based in Singapore, established in 2010. It specializes in cross-border e-commerce and serves as the largest such platform in Southeast Asia. The company connects consumers to an extensive range of products, including apparel, home furnishings, electronics, and beauty items from various international sources, including China, the USA, Korea, and local merchants. To enhance customer experience, ezbuy offers several innovative features, such as a subscription service that allows for flat-rate shipping, product reviews for informed purchasing decisions, and a same-day delivery option. Operating across Singapore, Malaysia, Thailand, and Indonesia, ezbuy focuses on providing a convenient and cost-effective shopping experience through its website and mobile application, which support multiple languages.

ST-CREDITECH

Series A in 2018
ST-CREDITECH is a logistics digital application solutions company that specializes in providing intelligent analysis and decision-making support across various sectors, including logistics, finance, and insurance. By leveraging artificial intelligence and big data, the company aims to reduce information asymmetry for its clients, allowing them to make more informed decisions. Additionally, ST-CREDITECH offers supply chain financing, factoring, and risk management services. Through intelligent data analysis, the company develops optimal risk models and financing solutions tailored for supply chain operations, thereby enhancing the efficiency and financial health of its clients' businesses.

CargoGM

Seed Round in 2018
CargoGM offers an integrated logistics management platform for large retailers. It provides upstream and downstream enterprises with intelligent SaaS software built on cloud computing, big data, and mobile internet technologies, along with online logistics resource transaction services.

Club Factory

Series C in 2018
Club Factory is an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. By leveraging big data and artificial intelligence, the company scans the internet to identify factories that sell products on various platforms such as Wish, eBay, and Amazon. This allows Club Factory to compare prices from multiple sources, ultimately presenting customers with the lowest available prices. In addition to enhancing the shopping experience for consumers, the company also provides supply chain management solutions for enterprises, enabling them to optimize their operations and improve cost efficiency.

Smart Fabric Technology

Series A in 2018
Smart Fabric Technology is an innovative enterprise that transforms the textile production and trade process through a cloud-based ERP system. By leveraging the Internet of Things, Smart Fabric connects various stakeholders in the textile supply chain, including garment factories, spinning mills, and dyeing facilities, to streamline operations from customer orders to fabric production. The company focuses on providing intelligent, data-driven manufacturing solutions that enhance efficiency and enable textile manufacturers to digitize their production workflows. By integrating advanced technology into the manufacturing process, Smart Fabric facilitates better management of supply chain demands and enhances collaboration among suppliers, manufacturers, and factories, positioning itself as a leader in smart manufacturing within the textile industry.

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.

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.

TMiRob

Series A in 2017
TMiRob is a developer of medical robots focused on enhancing operational efficiency in hospital and clinical settings. The company creates advanced robotic solutions that assist medical staff in various tasks, including the management of high-value consumables, delivery of infusion packages, and distribution of instruments. Additionally, TMiRob's technology supports intelligent management systems for medicine cabinets and facilitates the disposal of medical waste. By streamlining these processes, TMiRob aims to reduce labor costs and improve overall management efficiency in healthcare environments.

Dmall

Series A in 2017
Dmall is a cloud-based, end-to-end SaaS platform for local retailers and brand owners in China and Asia. Its offerings include a retail core service cloud, an e-commerce service cloud, and a marketing and advertising service cloud, all designed to improve operations, sales, and customer experiences. Built on Dmall OS and AIoT, the platform provides integrated data insights across retail activities to guide actionable improvements. The three clouds work together to deliver a one-stop solution for streamlined operations, commerce, and marketing. Dmall is positioned as a leader in retail digitalization, addressing core needs such as upgrading consumer experience, increasing operational efficiency, safeguarding system security, and supporting ESG responsibilities.

Club Factory

Series B in 2017
Club Factory is an online shopping platform that facilitates cross-border e-commerce by connecting consumers directly with manufacturers. By leveraging big data and artificial intelligence, the company scans the internet to identify factories that sell products on various platforms such as Wish, eBay, and Amazon. This allows Club Factory to compare prices from multiple sources, ultimately presenting customers with the lowest available prices. In addition to enhancing the shopping experience for consumers, the company also provides supply chain management solutions for enterprises, enabling them to optimize their operations and improve cost efficiency.

Bizongo

Series A in 2016
Bizongo is a tech-enabled B2B e-commerce and supply chain platform specializing in customized goods, including packaging, textiles, and apparel. Founded in 2015 by three IIT graduates, the company aims to digitize the fragmented B2B segment of made-to-order products. Bizongo offers a comprehensive suite of services such as digital vendor management, supply chain automation, and supply chain financing. Its platform connects businesses with a network of over 1,500 curated manufacturers, addressing key challenges like inventory management and operational efficiency. Through its innovative approach, Bizongo seeks to streamline the supply chain process, reduce costs, and facilitate easier contract management for its clients.

Huayun Keji

Series A in 2016
Huayun Keji is a logistics and supply chain management company.

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.

OlymTech

Series B in 2016
OlymTech, Corp. is a technology company specializing in cloud-based software as a service (SaaS) solutions tailored for the international logistics industry. Founded in 2002, it provides an integrated on-demand platform designed to empower SaaS service providers and application developers. OlymTech's offerings include an intelligent business operating system, an application development platform for graphical modeling, and a suite of professional services that encompass platform development, consulting, and outsourcing. The company has established a significant presence in major Chinese logistics hubs, with a network of over 1,500 freight forwarders and 150,000 active users. OlymTech focuses on helping businesses digitalize, standardize, and automate their operations, ultimately enhancing efficiency and reducing costs in logistics management. With research and development centers in key cities, OlymTech continues to innovate and lead in delivering transformative cloud-based IT solutions for the logistics sector.

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.

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.

ezbuy Holdings

Series B in 2016
ezbuy Holdings Limited is a prominent online marketplace based in Singapore, established in 2010. It specializes in cross-border e-commerce and serves as the largest such platform in Southeast Asia. The company connects consumers to an extensive range of products, including apparel, home furnishings, electronics, and beauty items from various international sources, including China, the USA, Korea, and local merchants. To enhance customer experience, ezbuy offers several innovative features, such as a subscription service that allows for flat-rate shipping, product reviews for informed purchasing decisions, and a same-day delivery option. Operating across Singapore, Malaysia, Thailand, and Indonesia, ezbuy focuses on providing a convenient and cost-effective shopping experience through its website and mobile application, which support multiple languages.

FXiaoKe

Series E in 2016
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

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.

Ehsy

Series C in 2015
Ehsy is an e-commerce platform that specializes in digital procurement solutions. It improves service capabilities in all aspects by developing the core competitiveness of "five networks—digital network, product network, logistics network, service network, and talent network. The platform helps customers realize digital procurement and management of MRO non-production materials, shortens supply chain delivery time, ensures genuine licensed products, and reduces procurement costs. Ehsy has provided professional and high-quality MRO digital procurement to over 30,000 domestic and international companies, including 80% of state-owned enterprises and 60% of the world's top 500.

PDD Holdings

Series A in 2015
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.

SPH KYUAN

Series A in 2015
SPH Kyuan is a pharmaceutical business enterprise that integrates logistics. They are pharmaceutical manufacturers and maintain and supply pharmaceutical products. They provide services for IT technology, logistics management, supply chain solutions, and other internal management support systems.

FXiaoKe

Series D in 2015
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

CargoPM

Series A in 2015
CargoPM is a logistics service platform that is engaged in reducing logistics costs for cross-border e-commerce sellers, providing technical support, and providing solutions for cross-border logistics with booking, guaranteeing, and cost control. Their product and service offerings include head transportation, direct delivery, transshipment and stocking transshipment, dropshipping, platform self-promotion, and large LTL delivery to a private address.

SilkCloud

Series A in 2015
SilkCloud is a provider of a highly scalable cloud-based eCommerce platform designed for retail and technology companies. The platform offers a comprehensive solution that enables users to unify identity management, authorize multi-channel catalog and order management, and facilitate billing and payment services for enterprises. Additionally, SilkCloud has developed an app store for a prominent technology company, further enhancing its offerings in the eCommerce space. Through its innovative technology, SilkCloud aims to streamline operations and improve the efficiency of online retail businesses.

Dmall

Angel Round in 2015
Dmall is a cloud-based, end-to-end SaaS platform for local retailers and brand owners in China and Asia. Its offerings include a retail core service cloud, an e-commerce service cloud, and a marketing and advertising service cloud, all designed to improve operations, sales, and customer experiences. Built on Dmall OS and AIoT, the platform provides integrated data insights across retail activities to guide actionable improvements. The three clouds work together to deliver a one-stop solution for streamlined operations, commerce, and marketing. Dmall is positioned as a leader in retail digitalization, addressing core needs such as upgrading consumer experience, increasing operational efficiency, safeguarding system security, and supporting ESG responsibilities.

iQUNXING.COM

Series B in 2015
iQUNXING.COM operates a specialized accounts receivables trading platform designed for small and medium-sized enterprises (SMEs). Leveraging big data and advanced risk management systems, the company provides flexible loan services and various credit facilities. Its platform facilitates the analysis and transfer of company account receivables, benefiting business owners, financial institutions, suppliers, and distributors. By optimizing the management of receivables, iQUNXING.COM aims to enhance liquidity and financial accessibility for SMEs, helping them navigate the complexities of credit and cash flow management.

56xiaomi

Series A in 2015
56xiaomi is a company that specializes in providing an online to offline transportation service platform tailored for the logistics and freight forwarding industry. It focuses on creating a new trading system that enhances the efficiency of car services within this sector. By bridging online platforms with offline operations, 56xiaomi aims to streamline logistics processes and improve service delivery, making it easier for businesses to manage their transportation needs effectively.

Lianshang

Series A in 2015
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.

Ehsy

Series B in 2015
Ehsy is an e-commerce platform that specializes in digital procurement solutions. It improves service capabilities in all aspects by developing the core competitiveness of "five networks—digital network, product network, logistics network, service network, and talent network. The platform helps customers realize digital procurement and management of MRO non-production materials, shortens supply chain delivery time, ensures genuine licensed products, and reduces procurement costs. Ehsy has provided professional and high-quality MRO digital procurement to over 30,000 domestic and international companies, including 80% of state-owned enterprises and 60% of the world's top 500.

TuSimple

Angel Round in 2015
TuSimple operates self-driving trucks in Tucson, Arizona, with a focus on developing fully-autonomous driving solutions for the logistics industry. Founded in 2015, the company aims to enhance safety, reduce transportation costs, and decrease carbon emissions.

Shein

Series B in 2015
Founded in 2008, Shein is a global online marketplace specializing in women's fast fashion. It uses on-demand manufacturing technologies to connect suppliers with an agile supply chain, reducing inventory waste and offering affordable clothing, shoes, jewelry, and accessories to customers worldwide.

FXiaoKe

Series C in 2014
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

ezbuy Holdings

Series A in 2014
ezbuy Holdings Limited is a prominent online marketplace based in Singapore, established in 2010. It specializes in cross-border e-commerce and serves as the largest such platform in Southeast Asia. The company connects consumers to an extensive range of products, including apparel, home furnishings, electronics, and beauty items from various international sources, including China, the USA, Korea, and local merchants. To enhance customer experience, ezbuy offers several innovative features, such as a subscription service that allows for flat-rate shipping, product reviews for informed purchasing decisions, and a same-day delivery option. Operating across Singapore, Malaysia, Thailand, and Indonesia, ezbuy focuses on providing a convenient and cost-effective shopping experience through its website and mobile application, which support multiple languages.

Loji Logistics

Series A in 2014
Luoji Logistics is a transportation logistics platform focused on enhancing logistics efficiency through intelligent technology solutions. The company specializes in matching demand with the best carriers, catering to large clients, small and medium business owners, and freight forwarding companies. By integrating the remaining and return capacity of fleets, Luoji Logistics aims to improve transport efficiency for carriers. Additionally, the company develops software that manages logistics information, offering services such as status tracking and logistics management to logistics enterprises, freight companies, distribution stations, and vehicle owners. This comprehensive approach facilitates smoother transactions and optimizes logistics operations across the industry.

Xiang Qu

Series A in 2014
Xiang Qu offers models for Internet e commerce solutions. They provide distribution platforms and brand management solutions. They also provide supply chain solutions for food and tea products.

FXiaoKe

Series B in 2014
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

56xiaomi

Angel Round in 2014
56xiaomi is a company that specializes in providing an online to offline transportation service platform tailored for the logistics and freight forwarding industry. It focuses on creating a new trading system that enhances the efficiency of car services within this sector. By bridging online platforms with offline operations, 56xiaomi aims to streamline logistics processes and improve service delivery, making it easier for businesses to manage their transportation needs effectively.

Best

Series E in 2014
Best Logistics (百世物流) is a Chinese comprehensive logistics supply chain service provider. The company provides comprehensive supply chain design and logistics services for domestic and foreign enterprises through its complete and systematic partner authentication management system, professional supply chain design solution, advanced information technologies, and comprehensive self-developed operation platform GeniMax system. Founded in 2007, Best Logistics combines internet, information technology, and traditional logisctics services to create a new subversive commercial model to integrate the large logistics industry in China. The company has established multilevel operation centers nationwide, with a distribution network that covers the whole country.

Keen Systems

Series A in 2014
Keen Systems is a provider of cloud-based ecommerce software designed specifically for print service providers. The company enables these businesses to establish online stores, facilitating a seamless transition from traditional workflows reliant on phone calls and emails to an efficient online retail model. Keen's platform offers a user-friendly, zero-maintenance hosted service that allows printing companies to manage customer communications, billing, scheduling, and shipping all in one place. By streamlining the entire workflow from estimates to orders, Keen helps print businesses reduce costs, enhance operational efficiency, and improve customer relationships. Founded by a team with extensive expertise in both the print and internet technology sectors, Keen Systems first gained recognition at the Graph Expo 2011, where it won a "Must See 'Em" award, and has since established itself as a key player in the evolving print industry.

4PX

Series D in 2014
Shenzhen 4PX Science and Technology Co., Ltd. offers comprehensive services tailored for domestic and international e-commerce sellers. Its range of services includes collection stations, source distribution, ERP management software development, transnational transportation, and warehousing and order fulfillment. The company encompasses various divisions, such as 4PX Tech, which specializes in software and IT services; Mei Zantuo, focused on constructing foreign trading websites; and Meisheng, which is dedicated to channel management software development. Additionally, 4PX Express Delivery provides extensive global logistics and warehousing services. With close collaborations with major e-commerce platforms and recognition as a recommended supply chain service provider by domestic e-commerce associations, 4PX plays a pivotal role in the e-commerce ecosystem.

FXiaoKe

Series A in 2013
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

Bamatea

Series A in 2013
Bamatea Co., Ltd. is a large-scale tea enterprise with the integration of a tea plantation base, production and processing, chain, and export. Bama tea originated from The Xinji Tea Shop a hundred years ago, and its boss, Wang Wenli, is a representative inheritor of intangible cultural heritage, as well as the 13th generation descendant of Wang Shirang, the man who discovered Tieguanyin tea. Bamatea owns and carries out its operations in three entities: Anxi Bama Tea Limited Company, Shenzhen Bama Tea Chain Limited Company, and Xiamen Bama Tea Limited Company. Currently, the company manages a tea base of over 50,000 mu and has an annual processing capability of 6,000 tons, with one of its factories, Longmen Processing Factory, being the most modern refinement processing factory of oolong and Tieguanyin in Asia. With close to 1,000 chain stores, Bamatea ranks second in China's tea industry.

Best

Series B in 2009
Best Logistics (百世物流) is a Chinese comprehensive logistics supply chain service provider. The company provides comprehensive supply chain design and logistics services for domestic and foreign enterprises through its complete and systematic partner authentication management system, professional supply chain design solution, advanced information technologies, and comprehensive self-developed operation platform GeniMax system. Founded in 2007, Best Logistics combines internet, information technology, and traditional logisctics services to create a new subversive commercial model to integrate the large logistics industry in China. The company has established multilevel operation centers nationwide, with a distribution network that covers the whole country.

QX Corporation

Series A in 2007
QX Corporation is a brand promotion platform that develops an ERP information management system. Founded in 2006, QX Corporation is headquartered in Shanghai, China. It offers a sales terminal that enables users to find out in what condition their designs are in, and then to solve turnover rates and forecast future fashion cycle. QX also integrates social resources, optimizing supply chain and carrying out virtual operations. The products are completed by the upstream supply chain, and then sold by agencies across the country.

China Communications Services

Private Equity Round in 2006
China Communications Services Corporation Limited is a prominent provider of telecommunications support services globally. The company specializes in telecommunications infrastructure, offering services such as network consultation, planning, design, engineering, construction, and supervision for fixed-line, mobile, and broadband networks. It also provides business process outsourcing, including network maintenance for various telecommunications equipment and facilities management for data centers and commercial buildings. In addition, the company delivers integrated solutions for informatization and smart industry applications, along with logistics, procurement, and supply chain services. It serves a diverse clientele, including telecommunications operators, government agencies, and enterprises across multiple sectors such as construction, transportation, and finance. Established in 2006 and headquartered in Beijing, China Communications Services is a subsidiary of China Telecommunications Corporation and is recognized as the first productive service enterprise in the communication industry to go public abroad.

WuMart Stores

Venture Round in 2000
Wumart Stores, Inc. is a leading retail operator in China, specializing in the management of superstores and mini-marts. The company operates primarily in the Beijing, Tianjin, Zhejiang, and Hebei provinces, offering a diverse range of retail formats under various brands, including Wumart Hypermarket, Wumart Everyday Shops, and Merry Mart. As of the latest data, Wumart's retail network comprises 565 stores, which include 168 superstores and 397 mini-marts. In addition to its core retail operations, Wumart is involved in the wholesale of home appliances and logistics services. The company, headquartered in Beijing, has established itself as the largest supermarket chain in the Beijing-Tianjin-Hebei area, leveraging innovative approaches in retail, internet technology, and supply chain management to enhance its business operations.
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