Orchid Asia Group Management, Ltd. is a private equity firm established in 1993, with offices located in Hong Kong, Shanghai, Beijing, Guangzhou, and San Francisco. The firm specializes in supporting experienced executives to develop franchises primarily in Asia, particularly in China. Orchid Asia focuses on investing in domestic enterprises that operate in high barrier to entry industries, specifically targeting sectors with promising growth potential, such as consumer services and products, as well as outsourced manufacturing and services.
6211-12, 62/F, The Center 99 Quee' Road Central, Hong Kong
William Chan
Managing Director
Ning Cong
Managing Director
Gabriel Li
Managing Director
Jipei Li
Managing Director
45 past transactions
Chabaidao
Private Equity Round in 2023
Chabaidao is a tea drink brand that aims to create surprises through product development and trendy gameplay.
Rucker Park Sports
Series C in 2021
Rucker Park operates a chain of sports venues that primarily focus on basketball, baseball, and football. The company provides high-quality facilities for training and recreational activities, including organized basketball tournaments. Its business model centers on offering a dynamic environment for sports enthusiasts, enabling them to engage in various sports through well-maintained venues and structured programs. By focusing on offline experiences, Rucker Park aims to enhance community engagement and promote athletic development.
Thoth Medical
Series C in 2021
Thoth Medical specializes in the development of medical wearables that incorporate advanced biomedical sensor technology. The company focuses on integrating various technologies, including wireless transmission, artificial intelligence algorithms, and cloud monitoring, to create devices that enhance clinical medical services. Thoth Medical aims to deliver precise, efficient, comfortable, and safe solutions for healthcare, ultimately improving patient care through innovative wearable technology.
Dingdang Kuaiyao
Private Equity Round in 2021
Dingdang Kuaiyao is an online-to-offline drug purchasing and delivery platform. After users place orders on the mobile app, drugs will be delivered to their homes within half an hour.
Jianan Nongmu
Series B in 2021
Jianan Nongmu builds a new model of the agriculture and animal husbandry industry. The company is divided into three business units: digital supply chain financing, smart breeding, and smart logistics. Jianan Nongmu is dedicated to bringing back the agriculture and animal husbandry sectors of the economy through science and technology.
Kaadas
Series B in 2021
Kaadas is a comprehensive company specializing in the development, manufacturing, sales, installation, and after-sales service of security solutions, primarily focused on high-tech locks. Headquartered in Shenzhen High-tech Park, China, Kaadas is recognized as a national high-tech enterprise. The company offers a range of innovative products, including biometrics-based smart locks such as push-pull, handle, rim, and deadbolt locks, aimed at enhancing security for residential and commercial properties. With a commitment to innovation, quality, and craftsmanship, Kaadas strives to provide consumers with comfortable and secure living environments. Employing over 1,000 individuals and operating numerous global outlets, the company ranks among the top in its industry worldwide.
TT Yuyin
Series B in 2021
Quwan provides services including instant voice messaging, social gaming, esports, and game distribution. It operates TT Voice, which started as a voice chat application designed for mobile gamers and was later developed into a social gaming platform. It focuses on developing personalized services for the Gen Z audience.
Fantuan
Series B in 2021
Fantuan is a global food delivery platform specializing in Asian cuisine. With over 10,000 partnered merchants and serving more than 800,000 users across 40 cities worldwide, Fantuan is the largest Asian food delivery service in North America. Its mobile application facilitates ordering meals, leaving reviews, and accessing grocery delivery services, while also offering advertising opportunities for restaurant vendors to promote their products.
Snowball Finance
Series E in 2020
Snowball Finance is an internet financial information service provider that is focused on investment solutions. Snowball Finance's investment and communication platform xueqiu.com provides investors with cross-market and cross-species data query, newsletter subscriptions, and interactive communication services. These services have covered the A shares, the Hong Kong stocks, and the U.S. stock market. In addition, Snowball Finance also owns iMeigu (imeigu.com), which serves American stock investors in China.
TerraQuanta
Series A in 2020
TerraQuanta is a Beijing-based company founded in 2017 that specializes in geospatial analytics technology by integrating artificial intelligence with remote sensing data. Its platform analyzes satellite-gathered data to provide critical insights for various sectors, including insurance, agriculture, energy, and finance. The technology enables effective monitoring of environmental factors such as wildfires, crop health, dam integrity, illegal construction, pollution, and glacial changes. This innovative approach assists both corporations and governments in conducting geological surveys and enhancing decision-making processes.
Yuepu Network
Corporate Round in 2019
Yuepu is a comprehensive media group that specializes in social media marketing, offering a range of services designed to meet the demands of major platforms. With extensive expertise in new media creativity, the company provides one-stop solutions that encompass creative design, strategy development, media placement, and performance evaluation. In addition to its core focus on social media, Yuepu operates subsidiaries in various sectors, including social media resource management, secondary cultural industry services, and integrated marketing for the automotive sector. This diverse portfolio allows Yuepu to address the needs of a broad clientele effectively.
WedMeGood
Series A in 2019
WedMeGood is an online wedding planning platform founded in 2014 and headquartered in Haryana, India. The platform connects users with a variety of wedding vendors, providing detailed information, pricing, and reviews to facilitate the planning process. Clients can create accounts to browse a comprehensive list of services, including photographers, wedding planners, venues, decorations, makeup artists, and catering options. In addition to vendor listings, WedMeGood features an inspiration gallery and blog to assist users in overcoming common wedding planning challenges. By offering a centralized resource for wedding planning, the platform aims to simplify the decision-making process for couples preparing for their special day.
Hunliji
Series D in 2019
Hunliji is a wedding planner application designed to assist couples in China with the comprehensive planning and sharing of their weddings. The platform offers a range of services, including wedding venue ordering, photography and video shooting, as well as the online sale of wedding-related products such as candies, jewelry, and dresses. By centralizing these offerings, Hunliji aims to streamline the wedding planning process, making it more accessible and efficient for users to create their ideal wedding experience.
Soocas
Series C in 2019
Soocas (Shenzhen) Technology Co., Ltd., established in 2015, specializes in personal digital health care products, focusing on innovative solutions for oral hygiene and personal care. The company is well-known for its sonic electronic toothbrushes, particularly the flagship model X3, and also offers products like blow dryers and shaving razors, all designed to integrate seamlessly within the Xiaomi ecosystem. Soocas emphasizes research and development to create high-performance, intelligent products tailored to consumer needs. The team comprises experienced professionals from leading hardware companies, bringing extensive knowledge in product design and user experience. With a commitment to innovation and quality, Soocas aims to enhance personal health care through its advanced electronic products.
Chao Ju Ophthalmology
Series B in 2019
Chao Ju Ophthalmology Hospital, established in 1988 and based in China, specializes in ophthalmic treatments, particularly laser and refractive eye surgeries. With over 30 years of experience in the field, the institution has developed a strong technical foundation, employing more than 2,000 professionals, including professors, researchers, and senior physicians. Additionally, the hospital operates over 100 medical clinics staffed by clinical professors, allowing it to provide comprehensive eye care services.
Peilian.com
Series C in 2018
Peilian.com is an online music tutoring platform established in 2014 and based in Shanghai, China. Founded by Ge Jialin, an accomplished accordion player with extensive teaching experience, the platform specializes in providing one-on-one music lessons for instruments such as piano, violin, guzheng, and accordion. Peilian.com facilitates connections between students and tutors through the use of technology, allowing lessons to be conducted via computer tablets, iPads, and mobile phones. The company aims to deliver personalized music education to learners of various skill levels.
SoYoung
Series E in 2018
SoYoung is a Beijing-based company that operates an online platform for discovering, evaluating, and reserving medical aesthetic services in China. The company has developed an app that has garnered 10 million downloads and aims to partner with 200 clinics and thousands of plastic surgeons over the next three years. SoYoung's business model includes four key components: the distribution of professional content through social media and targeted media platforms, a vibrant social community featuring user-generated content, online reservation services for aesthetic treatments, and the research and development of medical beauty equipment. The company generates revenue through information service fees and reservation service fees charged to medical aesthetic providers. With the Chinese aesthetic medical services market projected to double to $11.3 billion in the next five years, SoYoung is well-positioned to capitalize on this growth, especially as the industry faces fewer regulatory constraints compared to traditional medical procedures.
Duiba
Series C in 2018
Hangzhou Duiba Network Technology Co., Ltd. is a company based in Hangzhou, China, that specializes in user management software as a service (SaaS) for online businesses. Additionally, it operates as an internet advertising platform, generating the majority of its revenue from this sector. Duiba also offers mobile developer services, providing a range of web tools and solutions to support various digital applications.
Yalla
Series B in 2018
Yalla Group Limited operates a voice-centric social networking and entertainment platform primarily serving the Middle East and North Africa region. Established in 2018 and headquartered in Dubai, the company aims to connect individuals sharing similar cultural backgrounds through engaging online experiences. Its flagship mobile application, Yalla, replicates the traditional majlis by offering voice chat rooms where users can engage in casual conversations. Additionally, Yalla Ludo provides a virtual space for playing popular board games like Ludo and Domino, fostering a sense of community among users. By focusing on a user-friendly experience that resonates with local cultures, Yalla Group seeks to become a leading destination for social networking and entertainment in the MENA region.
JollyChic
Series C in 2018
JollyChic is a comprehensive e-commerce platform founded in 2012 by Aaron Li, headquartered in China. It specializes in the online retail of a diverse range of consumer products, including clothing, accessories, electronics, home goods, baby products, and more. The platform aims to provide customers with a variety of quality and stylish items, catering to various needs and preferences. By facilitating cross-border transactions, JollyChic enables shoppers to access suitable offers while ensuring decent quality in the products available for purchase.
Hunliji
Series C in 2018
Hunliji is a wedding planner application designed to assist couples in China with the comprehensive planning and sharing of their weddings. The platform offers a range of services, including wedding venue ordering, photography and video shooting, as well as the online sale of wedding-related products such as candies, jewelry, and dresses. By centralizing these offerings, Hunliji aims to streamline the wedding planning process, making it more accessible and efficient for users to create their ideal wedding experience.
SoYoung
Series D in 2018
SoYoung is a Beijing-based company that operates an online platform for discovering, evaluating, and reserving medical aesthetic services in China. The company has developed an app that has garnered 10 million downloads and aims to partner with 200 clinics and thousands of plastic surgeons over the next three years. SoYoung's business model includes four key components: the distribution of professional content through social media and targeted media platforms, a vibrant social community featuring user-generated content, online reservation services for aesthetic treatments, and the research and development of medical beauty equipment. The company generates revenue through information service fees and reservation service fees charged to medical aesthetic providers. With the Chinese aesthetic medical services market projected to double to $11.3 billion in the next five years, SoYoung is well-positioned to capitalize on this growth, especially as the industry faces fewer regulatory constraints compared to traditional medical procedures.
Daily Yoga
Series A in 2018
Daily Yoga is a Chinese yoga training application designed to support users in maintaining their fitness and overall well-being. The app offers a variety of yoga lessons and meditation classes, complemented by soothing music to enhance the practice experience. Users can easily access these resources on multiple mobile devices and platforms, allowing for convenient and flexible workouts. Additionally, Daily Yoga includes features that help users track their yoga practices, promoting consistency and progress in their fitness journey.
Peilian.com
Series B in 2018
Peilian.com is an online music tutoring platform established in 2014 and based in Shanghai, China. Founded by Ge Jialin, an accomplished accordion player with extensive teaching experience, the platform specializes in providing one-on-one music lessons for instruments such as piano, violin, guzheng, and accordion. Peilian.com facilitates connections between students and tutors through the use of technology, allowing lessons to be conducted via computer tablets, iPads, and mobile phones. The company aims to deliver personalized music education to learners of various skill levels.
Sound Group
Series D in 2018
Guangzhou Lizhi Network Technology Co., Ltd. operates an interactive audio community and entertainment platform in China, primarily through its Lizhi app, which allows users to record, edit, store, and share their voices on mobile devices. Founded in 2010 and based in Guangzhou, the company focuses on enabling individuals to showcase their vocal talents and connect through audio content. Lizhi provides a variety of services, including podcasts, audio live streaming, and other interactive features, fostering a vibrant community of audio content creators. The company has also formed partnerships, such as with Xpeng Motors, to integrate its audio offerings into in-car systems. Lizhi aims to create a global audio community that transcends cultural boundaries, promoting user engagement and diverse entertainment experiences through voice.
iBoxPay
Series D in 2018
Iboxpay is a mobile payment solutions and services provider. Iboxpay provides a new, convenient, and secure mobile payment platform that strictly follows UnionPay’s technology and business specification. Iboxpay enables consumers and businesses to make and receive payments both online and offline with a UnionPay card. Iboxpay plugs its independently developed audio encryption card reader into mobile terminals’ headphone jack. After downloading and registering the Iboxpay application, users are able to select appropriate financial services and swipe the card at any place and any time. An Iboxpay user can also help other Iboxpay users to complete payment processes once he or she is granted authorization. Iboxpay was first carried out by Shenzhen Iboxpay Information Technology Corporation Limited.
Dafengshou
Series B in 2017
Dafengshou, founded in 2014, operates an agriculture e-commerce platform that serves over 300,000 farmers across various provinces in China, including Jiangxi, Anhui, Guangdong, Guangxi, and Hubei. The platform offers a range of products, including pesticides, fertilizers, agricultural tools, and educational books, aimed at enhancing agricultural productivity. By providing specialized modern tools and resources, Dafengshou supports farmers and agricultural industries in achieving optimal growth and efficiency in their operations.
Wei Mei Zi
Series B in 2016
Wei Mei Zi is a developer of oral care and formaldehyde removal products. Wei Mei Zi owns the Saky oral care brand and the SakyKids children's oral care brand, offering one-stop oral care services. The products are available in all provinces, cities, and towns throughout the country, and have made their way into Wal-Mart, Carrefour, AEON, RT-Mart, Yonghui, Auchan, CP Lotus, and other international and domestic large-scale chain stores.
Jia.com
Series B in 2015
Jia.com is a leading interior designing platform specializing in home decoration services. Established in March 2005 by Shanghai Qijia Information Technology Co., Ltd., the company offers a wide range of products including decorations, building materials, furniture, appliances, and mass consumer goods. By June 2010, Jia.com had amassed over 1.8 million registered members and conducted more than 2,000 group buying events, serving over 5 million customers. The platform has attracted nearly 12,000 businesses and 15,000 brands, processing over 1.2 million valid orders annually with a total output value exceeding 3.2 billion Yuan.
FunPlus
Series B in 2014
FunPlus, founded in 2010, is a leading privately held company in the gaming industry, specializing in interactive entertainment experiences through cross-platform game development and intellectual property creation. With over 2,000 employees across offices and studios on three continents, FunPlus is known for its commitment to fostering top-tier industry talent. The company has developed a portfolio of highly popular games, such as State of Survival, King of Avalon, Guns of Glory, Stormshot, and Sea of Conquest. By focusing on innovative and diverse gaming experiences, FunPlus aims to engage a global audience across various genres and platforms.
Linekong
Series C in 2014
LineKong Science and Technology Co., Ltd. is an interactive entertainment company founded in March 2007, specializing in the research and development of online and mobile games. Recognized as one of the top developers of network games since 2008, LineKong has launched a variety of self-developed titles including Journey to the West and The Warriors. The company operates through several game studios and has established a subsidiary dedicated to research and development. Its diverse product portfolio encompasses action games, role-playing games, turn-based games, and large-scale 3D games, catering to a wide audience. LineKong's business operations extend across China, Hong Kong, and other regions, with an increasing emphasis on both game and film sectors.
eMar
Venture Round in 2011
eMar is focused on enhancing the effectiveness of network marketing through the development of a comprehensive marketing and advertising platform. The company's objective is to establish itself as a leader in the network marketing industry by creating a performance-driven platform that delivers superior results. By prioritizing efficiency and effectiveness in e-marketing, eMar aims to provide its clients with the tools and resources necessary to achieve optimal outcomes in their marketing efforts.
China Outfitters Holdings
Venture Round in 2010
China Outfitters Holdings Limited is a rapidly expanding company specializing in the design, production, marketing, and sales of apparel in China, with a primary focus on menswear. The company offers a diverse range of products, including smart casual wear, outdoor leisure wear, and various accessories, catering to middle- and high-income consumers. It operates under several internationally recognized brands, including licensed offerings from Santa Barbara Polo & Racquet Club. Through its comprehensive portfolio, China Outfitters Holdings aims to meet the evolving fashion needs of its target market while maintaining a commitment to quality and style.
Sichuan Huiji Food Industry
Series D in 2010
Sichuan Huiji Food Industry Co., Ltd. (四川徽记食品) is a specialty snack food manufacturer, integrated with research, development, production, sales, and promotion. It has successfully built three big brands, namely Huiji, Haobashi, and California Sunshine Fruit Garden. Sichuan Huiji Food Industry has 24 large-scale provincial offices and a backbone sales team of 300 members which build nationwide marketing network, service support network, and effective channel support for Huiji Food. It has also established many production bases successively in Xinjiang, Inner Mongolia, and Sichuan.
Huiji Food
Series A in 2010
Sichuan Huiji Food Co., Ltd., founded in 2001 and based in Chengdu, China, specializes in the production and sale of a diverse array of snack foods. The company's product lineup includes soybean snacks, jelly tofu, dried tofu snacks, rice crackers, flavored nuts, and noodles with sauce, marketed under various brand names. In addition to catering to the domestic market, Huiji Food also exports its offerings to several international regions, including North America, South America, Southeast Asia, Oceania, the Middle East, Eastern Asia, and Western Europe.
Embedded Internet Solutions
Venture Round in 2009
Embedded Internet Solutions is a technology provider of embedded software solutions that enable Internet connectivity for devices. Its iPanel middleware powers communities of cable TV and IPTV set-top boxes in the Asia-Pacific market, and its iPanel WAP 2.0 browser is widely deployed by many mobile network carriers in Asia-Pacific and North America. The company also provides system integration and professional services to facilitate quick time to market by major consumer electronic OEMs in cable and satellite TV, handheld PDA, smartphone, and other information appliance categories. EIS is privately-held and venture-backed with development and customer support organizations in Silicon Valley, CA and Shenzhen China.
China Distance Education
Series B in 2008
China Distance Education Holdings Limited is a prominent provider of online education in China, specializing in professional education across various industries, including accounting, healthcare, and engineering. The company offers a wide range of online courses tailored to help professionals acquire and maintain essential skills, licenses, and certifications for career advancement. Additionally, it provides online test preparation courses for university students and those preparing for various academic and entrance exams. The company's offerings also include online foreign language courses and offline training for business start-ups. Its educational platform encompasses multiple websites, including chinaacc.com and med66.com. Founded in July 2000, China Distance Education has established itself as a key player in the online education sector, generating the majority of its revenue from professional education services in China.
China Health Media
Series B in 2007
China Health Media, Ltd. operates an advertising network featuring audiovisual displays in healthcare facilities across China, including hospitals and medical clinics. Founded in 2004 and based in Beijing, the company provides medical and health care information through its displays, enhancing health communication in these environments. In addition to its core business, China Health Media is involved in outdoor advertisement development and the organization of government public activities and large-scale cultural and sports events. The company has received recognition as a first-class advertising enterprise from the China Advertising Association multiple times and became a council member of the China Health Care Association in 2007. Leveraging its established channels and the credibility from its association with the healthcare sector, China Health Media aims to deliver valuable public health information to meet the needs of its users.
Yunnan Landsun Green Industry (Group)
Venture Round in 2007
Yunnan Landsun Green Industry (Group) Co., Ltd. (龙生集团) is a Chinese company specialized in green tea and ecological tea. The annual output of various kinds of tea produced by the company is more than 3,000 tons. Its main products include landsun series green tea, pu'er tea, jasmine tea, and oolong tea. The company contributed to the research of organic tea in 1998, and the various indexes of the current foundation met the establishment standards of organic agricultural parks. In 1999, the company invested in the construction of the first trading market of pu'er tea in China. Founded in May 1996, the company currently has 3 subsidiary corporations and 5 branches.
United Information Technology
Series B in 2007
United Information Technology Co., Ltd. specializes in providing data storage solutions and expertise in massive information storage. The company offers a comprehensive range of products and services, including unified storage, applied storage, and cloud storage systems. With an innovative technology platform, United Information Technology delivers various storage appliances, data management tools, and disk array controllers, enhancing clients' cloud storage capabilities. Led by an international management team, the company emphasizes technology development and independent innovation, positioning itself as a leader in the evolving storage industry. Its focus on providing effective data storage solutions aims to support business growth for its clients.
China Distance Education
Series A in 2007
China Distance Education Holdings Limited is a prominent provider of online education in China, specializing in professional education across various industries, including accounting, healthcare, and engineering. The company offers a wide range of online courses tailored to help professionals acquire and maintain essential skills, licenses, and certifications for career advancement. Additionally, it provides online test preparation courses for university students and those preparing for various academic and entrance exams. The company's offerings also include online foreign language courses and offline training for business start-ups. Its educational platform encompasses multiple websites, including chinaacc.com and med66.com. Founded in July 2000, China Distance Education has established itself as a key player in the online education sector, generating the majority of its revenue from professional education services in China.
United Information Technology
Series A in 2006
United Information Technology Co., Ltd. specializes in providing data storage solutions and expertise in massive information storage. The company offers a comprehensive range of products and services, including unified storage, applied storage, and cloud storage systems. With an innovative technology platform, United Information Technology delivers various storage appliances, data management tools, and disk array controllers, enhancing clients' cloud storage capabilities. Led by an international management team, the company emphasizes technology development and independent innovation, positioning itself as a leader in the evolving storage industry. Its focus on providing effective data storage solutions aims to support business growth for its clients.
Zhaopin
Series B in 2002
Zhaopin.com is a leading online recruitment services provider in China, established in 1997. It operates as a bilingual job board, offering a vast selection of real-time job vacancies from prominent Chinese and foreign companies. The platform not only assists job seekers with comprehensive resume services but also provides access to the latest employment information and career development resources. Zhaopin.com serves over 2.2 million clients, facilitating connections between job seekers and relevant opportunities throughout the country. With an average of over 68 million daily page views, the company has experienced significant growth and now employs more than 200 staff across major cities, including Beijing, Shanghai, and Shenzhen.
EachNet
Series D in 2000
EachNet is a Chinese e-commerce platform that facilitates online buying and selling of a diverse array of goods, including clothing, toys, art supplies, antiquities, and electronics. Founded in 1999 and based in Shanghai, EachNet initially operated independently before forming a strategic partnership with eBay in 2002, which led to eBay acquiring full ownership by 2003. The platform supports both auction and fixed-price formats, allowing users to engage in transactions for everyday items as well as more unique products. EachNet serves a broad market, with offerings tailored to consumers in China, the United States, and Canada, thereby creating a comprehensive online marketplace for various consumer needs.
EachNet
Series C in 1999
EachNet is a Chinese e-commerce platform that facilitates online buying and selling of a diverse array of goods, including clothing, toys, art supplies, antiquities, and electronics. Founded in 1999 and based in Shanghai, EachNet initially operated independently before forming a strategic partnership with eBay in 2002, which led to eBay acquiring full ownership by 2003. The platform supports both auction and fixed-price formats, allowing users to engage in transactions for everyday items as well as more unique products. EachNet serves a broad market, with offerings tailored to consumers in China, the United States, and Canada, thereby creating a comprehensive online marketplace for various consumer needs.
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