Qiming Venture Partners

BUD, founded in 2019 by former Snap engineers Risa Feng and Shawn Lin, is a Singapore-based company developing a user-generated open metaverse gaming platform. The platform connects millions of virtual worlds created by a community of approximately 9 million creators. Since its global launch in November 2021, BUD has rapidly gained popularity, ranking among the top 10 social apps in over 38 countries, including regions such as North America and Southeast Asia. The platform enables users to create and share 3D interactive experiences without requiring technical expertise, allowing for easy customization through a drag-and-drop interface. Users can explore a variety of experiences, from social hangout spaces to battle royale games, positioning BUD as a vibrant digital social hub where millions come to create, play, and interact.

BUD, founded in 2019 by former Snap engineers Risa Feng and Shawn Lin, is a Singapore-based company developing a user-generated open metaverse gaming platform. The platform connects millions of virtual worlds created by a community of approximately 9 million creators. Since its global launch in November 2021, BUD has rapidly gained popularity, ranking among the top 10 social apps in over 38 countries, including regions such as North America and Southeast Asia. The platform enables users to create and share 3D interactive experiences without requiring technical expertise, allowing for easy customization through a drag-and-drop interface. Users can explore a variety of experiences, from social hangout spaces to battle royale games, positioning BUD as a vibrant digital social hub where millions come to create, play, and interact.

52Toys is an animation and intellectual property operator based in Beijing, specializing in creating a social platform for toy enthusiasts and collectors. The company leverages internet technology to foster a community where users can connect, share their collections, and engage with fellow collectors. By focusing on models, figurines, and toys, 52Toys provides a space for individuals with similar interests to interact, exchange ideas, and discover new collections, enhancing the overall experience of toy collecting.

Pratilipi is a storytelling platform that connects readers and writers across multiple Indian languages. The platform enables users to discover, read, and share a diverse range of stories, poems, and books, catering to their preferences in language and format. By hosting various authors and attracting millions of unique monthly readers, Pratilipi facilitates a vibrant community where individuals can express their creativity and explore narratives that resonate with them. This focus on accessibility and user engagement makes Pratilipi a significant player in the digital storytelling landscape in India.

Fingo Group operates an online social e-commerce platform in Malaysia designed to connect customers and enhance their shopping experience. The platform utilizes popular social media channels, treating each member as a VIP and providing access to a diverse range of quality products from suppliers like Tmall and Taobao. In addition to offering competitive pricing on goods, Fingo Group introduces entrepreneurial opportunities through a membership reward system, allowing members not only to save money but also to earn income. This innovative approach integrates social elements into the shopping experience, fostering a community-focused environment for consumers.

Chushou is a Chinese social networking platform that specializes in live video streaming, primarily focused on mobile gaming. The platform hosts approximately 2.7 million live streaming broadcasters, with around 150,000 active hosts engaging daily. Chushou allows gamers to interact with one another while live streaming their mobile gaming activities, creating a dynamic environment for both broadcasters and viewers. Through its mobile-based services, Chushou facilitates a unique community for gamers, fostering interaction and engagement within the gaming ecosystem.

Inbilin, established in 2013 and headquartered in China, specializes in developing social networking voice-call applications. Its flagship product allows users to make calls to strangers, fostering random connections through voice conversations or chats.

Tongtable Game Technology is a mobile Internet firm that specializes in the creation of social platforms and social games. The core product of the company, "Same Table Game," is a game social APP for young users. It has repeatedly ranked among the top 10 free social apps in the App Store and the top 3 social game platforms, and has become the only designated mini-game social app for Zhejiang Satellite TV's popular variety show "Ace Vs Ace". "The same table game employs cutting-edge product concepts and technical services to provide global users with an efficient and high-quality interactive entertainment experience.

Haoyiku is a community-based e-commerce platform founded in 2017 by Qiangqiang Wu and based in Hangzhou. The company specializes in apparel and operates a unique S2b2C model that connects suppliers, businesses, and consumers. By leveraging social networks and the WeChat app, Haoyiku facilitates features such as rapid payment settlement and customer outreach. This approach not only helps partner brands manage inventory effectively but also enables individual merchants to sell products within their own social circles. Through its platform, Haoyiku aims to enhance business performance while maintaining a low return rate on purchases.

MyHealthTeams, Inc., established in 2011 and headquartered in San Francisco, develops and operates online social networking platforms for individuals living with or caring for those with chronic health conditions. The company's platforms, including MyAutismTeam, MyBCTeam, and others, connect users with similar conditions, enabling them to share experiences, seek advice, and access medically-approved content. MyHealthTeams also conducts research to inform clinical trial design and offers patient education programs.

Xiudan is a developer of a multi-person video interactive social application that aims to revolutionize online social networking. With a young and dynamic team, the company focuses on creating an innovative platform that allows users to engage in random video chats using virtual characters, filters, and special effects. This unique approach facilitates interaction among users, enabling them to connect with strangers who share similar interests. By utilizing advanced algorithms to match users based on their preferences, Xiudan fosters the formation of friendships and potential partnerships within a vibrant online community. Based in Shenzhen, Xiu Egg Technology Co., Ltd. is committed to redefining social interactions in the digital age.

Pratilipi is a storytelling platform that connects readers and writers across multiple Indian languages. The platform enables users to discover, read, and share a diverse range of stories, poems, and books, catering to their preferences in language and format. By hosting various authors and attracting millions of unique monthly readers, Pratilipi facilitates a vibrant community where individuals can express their creativity and explore narratives that resonate with them. This focus on accessibility and user engagement makes Pratilipi a significant player in the digital storytelling landscape in India.

Mafengwo is a prominent Chinese travel social networking site that facilitates the sharing of travel experiences among users. The platform boasts over one million entries of user-generated travel guides and more than five million ratings and reviews, catering to a diverse array of travel-related needs, including information on hotels, flights, travel routes, visas, and insurance. Since its inception, Mafengwo has served over 25 million users, emphasizing user experience by continually enhancing its social platform for sharing travel information. Its core product, the Travel Guide, encompasses more than 95% of global travel destinations and has surpassed 100 million downloads. In 2012, Mafengwo expanded its offerings by integrating booking services from major platforms such as Booking, Agoda, Ctrip, and eLong, further solidifying its position in the travel industry.

INXX is an online retail platform that specializes in fashionable clothing, catering to fashion leaders, artists, and designers. The company focuses on high-end professional sportswear and aims to create a vibrant hub for streetwear culture in China. By bringing together local and international fashion brands, INXX provides consumers with access to a diverse range of high-quality fashion products. This platform not only promotes streetwear culture but also fosters collaboration among artists, designers, and art toy creators from various fields, establishing a trendy area for fashion enthusiasts. Through its innovative approach, INXX enhances the shopping experience by efficiently connecting clients with sought-after fashion goods.

52Toys is an animation and intellectual property operator based in Beijing, specializing in creating a social platform for toy enthusiasts and collectors. The company leverages internet technology to foster a community where users can connect, share their collections, and engage with fellow collectors. By focusing on models, figurines, and toys, 52Toys provides a space for individuals with similar interests to interact, exchange ideas, and discover new collections, enhancing the overall experience of toy collecting.

Zuiyou is a social networking mobile application designed for users born in the 1990s, facilitating the sharing and discovery of content, including recommendations, topics, and videos. The platform distinguishes itself by decentralizing user comments, presenting them in a non-linear manner rather than prioritizing them based on popularity. This approach encourages diverse interactions and allows users to engage with content in a more organic and personalized way. Through its innovative features, Zuiyou aims to foster a unique community where individuals can connect over shared interests and explore a wide array of topics.

Xiudan is a developer of a multi-person video interactive social application that aims to revolutionize online social networking. With a young and dynamic team, the company focuses on creating an innovative platform that allows users to engage in random video chats using virtual characters, filters, and special effects. This unique approach facilitates interaction among users, enabling them to connect with strangers who share similar interests. By utilizing advanced algorithms to match users based on their preferences, Xiudan fosters the formation of friendships and potential partnerships within a vibrant online community. Based in Shenzhen, Xiu Egg Technology Co., Ltd. is committed to redefining social interactions in the digital age.

Chushou is a Chinese social networking platform that specializes in live video streaming, primarily focused on mobile gaming. The platform hosts approximately 2.7 million live streaming broadcasters, with around 150,000 active hosts engaging daily. Chushou allows gamers to interact with one another while live streaming their mobile gaming activities, creating a dynamic environment for both broadcasters and viewers. Through its mobile-based services, Chushou facilitates a unique community for gamers, fostering interaction and engagement within the gaming ecosystem.

Haoyiku is a community-based e-commerce platform founded in 2017 by Qiangqiang Wu and based in Hangzhou. The company specializes in apparel and operates a unique S2b2C model that connects suppliers, businesses, and consumers. By leveraging social networks and the WeChat app, Haoyiku facilitates features such as rapid payment settlement and customer outreach. This approach not only helps partner brands manage inventory effectively but also enables individual merchants to sell products within their own social circles. Through its platform, Haoyiku aims to enhance business performance while maintaining a low return rate on purchases.

Zuiyou is a social networking mobile application designed for users born in the 1990s, facilitating the sharing and discovery of content, including recommendations, topics, and videos. The platform distinguishes itself by decentralizing user comments, presenting them in a non-linear manner rather than prioritizing them based on popularity. This approach encourages diverse interactions and allows users to engage with content in a more organic and personalized way. Through its innovative features, Zuiyou aims to foster a unique community where individuals can connect over shared interests and explore a wide array of topics.

52Toys is an animation and intellectual property operator based in Beijing, specializing in creating a social platform for toy enthusiasts and collectors. The company leverages internet technology to foster a community where users can connect, share their collections, and engage with fellow collectors. By focusing on models, figurines, and toys, 52Toys provides a space for individuals with similar interests to interact, exchange ideas, and discover new collections, enhancing the overall experience of toy collecting.

Chushou is a Chinese social networking platform that specializes in live video streaming, primarily focused on mobile gaming. The platform hosts approximately 2.7 million live streaming broadcasters, with around 150,000 active hosts engaging daily. Chushou allows gamers to interact with one another while live streaming their mobile gaming activities, creating a dynamic environment for both broadcasters and viewers. Through its mobile-based services, Chushou facilitates a unique community for gamers, fostering interaction and engagement within the gaming ecosystem.

Mafengwo is a prominent Chinese travel social networking site that facilitates the sharing of travel experiences among users. The platform boasts over one million entries of user-generated travel guides and more than five million ratings and reviews, catering to a diverse array of travel-related needs, including information on hotels, flights, travel routes, visas, and insurance. Since its inception, Mafengwo has served over 25 million users, emphasizing user experience by continually enhancing its social platform for sharing travel information. Its core product, the Travel Guide, encompasses more than 95% of global travel destinations and has surpassed 100 million downloads. In 2012, Mafengwo expanded its offerings by integrating booking services from major platforms such as Booking, Agoda, Ctrip, and eLong, further solidifying its position in the travel industry.

Tongtable Game Technology is a mobile Internet firm that specializes in the creation of social platforms and social games. The core product of the company, "Same Table Game," is a game social APP for young users. It has repeatedly ranked among the top 10 free social apps in the App Store and the top 3 social game platforms, and has become the only designated mini-game social app for Zhejiang Satellite TV's popular variety show "Ace Vs Ace". "The same table game employs cutting-edge product concepts and technical services to provide global users with an efficient and high-quality interactive entertainment experience.

MyHealthTeams, Inc., established in 2011 and headquartered in San Francisco, develops and operates online social networking platforms for individuals living with or caring for those with chronic health conditions. The company's platforms, including MyAutismTeam, MyBCTeam, and others, connect users with similar conditions, enabling them to share experiences, seek advice, and access medically-approved content. MyHealthTeams also conducts research to inform clinical trial design and offers patient education programs.

Chushou is a Chinese social networking platform that specializes in live video streaming, primarily focused on mobile gaming. The platform hosts approximately 2.7 million live streaming broadcasters, with around 150,000 active hosts engaging daily. Chushou allows gamers to interact with one another while live streaming their mobile gaming activities, creating a dynamic environment for both broadcasters and viewers. Through its mobile-based services, Chushou facilitates a unique community for gamers, fostering interaction and engagement within the gaming ecosystem.

Zuiyou is a social networking mobile application designed for users born in the 1990s, facilitating the sharing and discovery of content, including recommendations, topics, and videos. The platform distinguishes itself by decentralizing user comments, presenting them in a non-linear manner rather than prioritizing them based on popularity. This approach encourages diverse interactions and allows users to engage with content in a more organic and personalized way. Through its innovative features, Zuiyou aims to foster a unique community where individuals can connect over shared interests and explore a wide array of topics.

VeeR, also known as Velocious Technologies, Inc., is a company that specializes in the development of a virtual reality video sharing mobile application. Founded in 2016 and headquartered in Beijing, China, VeeR offers a platform that equips users with the necessary tools and support to create and share VR videos. The application fosters an active community of VR video creators and audiences worldwide, utilizing a combination of social-following features and algorithm-based recommendations to present users with high-quality content tailored to their interests.

Musical.ly, founded in 2014 by Alex Zhu and Luyu Yang, was a social network designed for creating, sharing, and discovering short videos. The platform became particularly popular among teenagers, offering them a space to express their creativity through singing, dancing, comedy, and lip-syncing in videos of 15 seconds or less. By providing tools for users to record live videos and overlay music, Musical.ly fostered a vibrant global community of content creators and viewers. The app gained significant traction, ranking #1 in the iOS App Store for free apps in multiple countries, including the United States. In 2017, Musical.ly was acquired by ByteDance's subsidiary Toutiao, and in 2018, it was merged into TikTok, further expanding its reach and influence in the realm of short-form video content.

Mafengwo is a prominent Chinese travel social networking site that facilitates the sharing of travel experiences among users. The platform boasts over one million entries of user-generated travel guides and more than five million ratings and reviews, catering to a diverse array of travel-related needs, including information on hotels, flights, travel routes, visas, and insurance. Since its inception, Mafengwo has served over 25 million users, emphasizing user experience by continually enhancing its social platform for sharing travel information. Its core product, the Travel Guide, encompasses more than 95% of global travel destinations and has surpassed 100 million downloads. In 2012, Mafengwo expanded its offerings by integrating booking services from major platforms such as Booking, Agoda, Ctrip, and eLong, further solidifying its position in the travel industry.

Inbilin, established in 2013 and headquartered in China, specializes in developing social networking voice-call applications. Its flagship product allows users to make calls to strangers, fostering random connections through voice conversations or chats.

Mafengwo is a prominent Chinese travel social networking site that facilitates the sharing of travel experiences among users. The platform boasts over one million entries of user-generated travel guides and more than five million ratings and reviews, catering to a diverse array of travel-related needs, including information on hotels, flights, travel routes, visas, and insurance. Since its inception, Mafengwo has served over 25 million users, emphasizing user experience by continually enhancing its social platform for sharing travel information. Its core product, the Travel Guide, encompasses more than 95% of global travel destinations and has surpassed 100 million downloads. In 2012, Mafengwo expanded its offerings by integrating booking services from major platforms such as Booking, Agoda, Ctrip, and eLong, further solidifying its position in the travel industry.

Leho Online (Beijing) Network Technology Co., Ltd. operates an online fashion platform based in Beijing, China, focusing on e-commerce for designer goods. The company targets customers seeking personalized shopping experiences and aims to be the first membership-based e-commerce site in the country, offering deeper discounts than its competitors. Leho.com serves as a one-stop social platform that connects local businesses with consumers, allowing merchants to create brand pages to share information, offer special deals, and engage with customers. The platform encourages users to share their offline shopping experiences through comments and images, facilitating interactions among users based on shared interests or locations. Leho has received significant investment from IDG and Qiming Venture Partners, highlighting its potential in the competitive e-commerce landscape.

Docin is a Chinese social reading platform based in Beijing that specializes in document sharing and online reading materials. Founded in 2007, the platform allows users to share and publish documents across blogs, forums, and other platforms. It offers access to a vast library, comprising over 100 million classifications of practical documents, publications, and industry research reports contributed by numerous professionals. Docin promotes innovation and sharing while ensuring the rights of its contributors are protected. The company is recognized as one of the top 400 enterprises in the global internet industry.

Jiayuan.com International Ltd. operates an online dating platform in China, catering primarily to urban singles seeking long-term relationships aimed at marriage. Established in 2003 and based in Beijing, the company offers various services through its main platform, Jiayuan.com, which allows users to create profiles, browse other users, and communicate via messages. It also features value-added services and VIP memberships that enhance user experience. Jiayuan hosts around 1,000 large-scale matchmaking events annually across 100 cities, including a prominent yearly mass marriage event. In addition to its online services, Jiayuan provides personalized matchmaking, which includes tailored recommendations, background checks, and offline event hosting. Other platforms under Jiayuan include izhenxin.com, Juedui100.com, Qiuai.com, and Jr.jiayuan.com, each offering distinct subscription services and dating features. The company's efforts have garnered recognition, such as awards for being a top online dating platform, reflecting its significant presence in the Chinese dating market.

Jiayuan.com International Ltd. operates an online dating platform in China, catering primarily to urban singles seeking long-term relationships aimed at marriage. Established in 2003 and based in Beijing, the company offers various services through its main platform, Jiayuan.com, which allows users to create profiles, browse other users, and communicate via messages. It also features value-added services and VIP memberships that enhance user experience. Jiayuan hosts around 1,000 large-scale matchmaking events annually across 100 cities, including a prominent yearly mass marriage event. In addition to its online services, Jiayuan provides personalized matchmaking, which includes tailored recommendations, background checks, and offline event hosting. Other platforms under Jiayuan include izhenxin.com, Juedui100.com, Qiuai.com, and Jr.jiayuan.com, each offering distinct subscription services and dating features. The company's efforts have garnered recognition, such as awards for being a top online dating platform, reflecting its significant presence in the Chinese dating market.

Kaixin is a Chinese social networking service for white-collar urbanites. It provides social tools such as blogging, photo sharing, and social games, enabling its users to stay in touch with their families and friends. The company has also developed a number of applications such as Kaixin City and Kaixin Yard. Founded in March 2008 by Binghao Chen, Kaixin’s number of registered users has reached 130 million as of April 2012. Its major competitor is renren.com.

Nurien Software Corp. is a South Korean company specializing in the development and operation of social networking services and online gaming platforms. Founded in 2005 and based in Seoul, the company offers a variety of interactive solutions, including Nurien, a 3D social networking and gaming platform, and Mstar, an online community game that allows players to engage in music and dance activities using realistic 3D avatars. Additional offerings include Sfoon, a social feed organization engine that facilitates real-time communication among users, Runway, a fashion show design game, and QuizStar, a casual celebrity trivia game. Nurien Software enables users to express their individuality through user-created 3D objects and avatars within vibrant virtual environments, fostering interaction and networking through its diverse platforms.

Docin is a Chinese social reading platform based in Beijing that specializes in document sharing and online reading materials. Founded in 2007, the platform allows users to share and publish documents across blogs, forums, and other platforms. It offers access to a vast library, comprising over 100 million classifications of practical documents, publications, and industry research reports contributed by numerous professionals. Docin promotes innovation and sharing while ensuring the rights of its contributors are protected. The company is recognized as one of the top 400 enterprises in the global internet industry.

Nurien Software Corp. is a South Korean company specializing in the development and operation of social networking services and online gaming platforms. Founded in 2005 and based in Seoul, the company offers a variety of interactive solutions, including Nurien, a 3D social networking and gaming platform, and Mstar, an online community game that allows players to engage in music and dance activities using realistic 3D avatars. Additional offerings include Sfoon, a social feed organization engine that facilitates real-time communication among users, Runway, a fashion show design game, and QuizStar, a casual celebrity trivia game. Nurien Software enables users to express their individuality through user-created 3D objects and avatars within vibrant virtual environments, fostering interaction and networking through its diverse platforms.

Jiayuan.com International Ltd. operates an online dating platform in China, catering primarily to urban singles seeking long-term relationships aimed at marriage. Established in 2003 and based in Beijing, the company offers various services through its main platform, Jiayuan.com, which allows users to create profiles, browse other users, and communicate via messages. It also features value-added services and VIP memberships that enhance user experience. Jiayuan hosts around 1,000 large-scale matchmaking events annually across 100 cities, including a prominent yearly mass marriage event. In addition to its online services, Jiayuan provides personalized matchmaking, which includes tailored recommendations, background checks, and offline event hosting. Other platforms under Jiayuan include izhenxin.com, Juedui100.com, Qiuai.com, and Jr.jiayuan.com, each offering distinct subscription services and dating features. The company's efforts have garnered recognition, such as awards for being a top online dating platform, reflecting its significant presence in the Chinese dating market.