Xiaohongshu, founded in 2013 and based in Shanghai, is a lifestyle sharing platform that facilitates the exchange of experiences through text, images, and videos. Initially created to assist overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle topics, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform allows users to post their favorite products, share shopping experiences, and discover global merchandise, particularly in the luxury and fashion sectors. It serves as both a social network and a social e-commerce platform, enabling users to review and purchase products from abroad.
QuintoAndar is a digital platform that streamlines the rental process for residential real estate in Brazil. Founded in February 2013 by Gabriel Braga and Andre Penha, and headquartered in São Paulo, the company provides a marketplace where users can access rental listings, schedule property visits, and finalize rental agreements without the need for extensive paperwork. QuintoAndar enhances the experience for both landlords and tenants by offering features such as rental insurance and automated payment processing, which eliminate the requirement for guarantors. This approach fosters a practical, transparent, and efficient rental experience, making it easier for individuals to navigate the real estate market.
Scalable Capital is a digital investment platform aiming to become a leader in Europe’s fintech landscape by integrating technology with investment services. It focuses on democratizing financial investments for both private investors and business clients through various partnerships. The platform employs proprietary risk management technology to streamline investment decisions, automatically allocating portfolios based on users' risk preferences. Additionally, it provides on-demand financial advice to enhance user engagement with capital markets, promoting smoother investment experiences and improved risk-adjusted returns. Supported by notable investors such as BlackRock and Tencent, Scalable Capital continues to expand its offerings and reach in the investment sector.
PatSnap is a connected innovation intelligence platform that provides IP and R&D intelligence. It is used by more than 10,000 customers in over 50 countries around the world to access market, technology, and competitive intelligence as well as patent insights needed to take products from ideation to commercialization. The company was founded in 2007 and is headquartered in Singapore.
Miaoshou Doctor is a healthcare service platform for building an online communication service platform between patients and doctors. It helps healthcare professionals and patients to manage post-diagnosis outcomes and allows doctors to actively follow up with their patient's health through additional counseling and prescriptions. Tao He and Daoliang Han founded the company in 2015 and is based in Beijing, Beijing.
Reddit is an online platform that enables users to submit links, create content, and have discussions about the topics of their interest.
Jiangsu cloud school network Technology Co., Ltd. was established in December 2011. As a comprehensive training platform for enterprise training, cloud school will be the leading Internet technology and personnel training concept applied to the enterprise personnel training and development, and effectively help corporate customers to enhance the value of talent, help enterprises succeed. The BaaS model, which is the development of the enterprise's talent development business, provides the professional enterprise university's overall solution through the "software platform, course service, course creation tool, operation service" and other dimensions. Cloud school music advocate "a business is a university" concept, is the cloud school BaaS business model landing on behalf of the product.
Spark Education Group is a fast-growing global online education company specializing in interactive live-instruction with small-group classes for children. Our mission is to Spark passion for learning, ignite lifelong growth. Since 2018, we have attracted over half a million users worldwide and its portfolio companies are backed by top global investors including KKR, IDG Capital, GGV Capital, Sequoia China, Carlyle, Northern Light Venture Capital, and GSR Ventures. Spark Education Group's portfolio includes: - VISPARK, featuring Spark Math (mathematics curriculum combining Singapore Math with Common Core State Standards), and Spark Chinese (Chinese language learning curriculum) - Huohua Siwei (a Chinese-language online learning service) - Allschool (an online marketplace connecting teachers and learners) - ClassPod (an education platform enabling interactive live-instruction for small-group classes)
DXY is an online healthcare community based in Hangzhou, Zhejiang, China, that connects healthcare professionals, consumers, and organizations. Founded in 2000 by Li Tiantian and Jin Zhang, the platform serves as a social media network focused on pharmaceuticals and life sciences, providing communication tools to enhance user productivity. DXY offers a wealth of resources, including informative articles on recent research and general health advice, facilitating knowledge exchange among physicians and life science professionals. Additionally, the company provides public health services online and engages in precision digital marketing. DXY is supported by prominent investors such as Trustbridge Partners, Tencent, and Hillhouse Capital, among others.
Medbanks Network Technology provides data processing services to the healthcare industry. It develops an oncology database of clinical and professional medical services using information collected from hospitals. It was founded in 2014 and is based in Beijing.
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.
ZKH is a digital service platform for industrial products that offers comprehensive supply chain solutions based on an E-commerce platform, digital tools, and intelligent service. Its platform offers a comprehensive selection of industrial accessories, consumables, general equipment, and spare parts. There are 28 product lines and over 4 million SKUs available, including PPE, hand tools, metal processing, fasteners, instruments, chemicals, and so on.
Spark Education Group is a fast-growing global online education company specializing in interactive live-instruction with small-group classes for children. Our mission is to Spark passion for learning, ignite lifelong growth. Since 2018, we have attracted over half a million users worldwide and its portfolio companies are backed by top global investors including KKR, IDG Capital, GGV Capital, Sequoia China, Carlyle, Northern Light Venture Capital, and GSR Ventures. Spark Education Group's portfolio includes: - VISPARK, featuring Spark Math (mathematics curriculum combining Singapore Math with Common Core State Standards), and Spark Chinese (Chinese language learning curriculum) - Huohua Siwei (a Chinese-language online learning service) - Allschool (an online marketplace connecting teachers and learners) - ClassPod (an education platform enabling interactive live-instruction for small-group classes)
UiPath Inc. designs and develops robotic process automation (RPA) software for enterprises, providing an end-to-end platform that enables hyper automation. This platform helps businesses identify automation opportunities, build and manage automations, and optimize their performance at scale. UiPath's solutions facilitate the automation of various processes such as accounts payable, claims processing, employee onboarding, and customer service across diverse industries including finance, healthcare, manufacturing, and retail. The software supports both cloud and on-premise deployment, ensuring robust governance and the ability to run multiple robots on a single virtual machine. Founded in 2005 and headquartered in New York, UiPath has expanded its reach through international offices, serving clients seeking to enhance operational efficiency through intelligent automation.
Beijing Missfresh E-Commerce Co., Ltd. is a Chinese e-commerce platform focused on grocery delivery, specializing in high-quality fresh food. Founded in November 2014 and based in Beijing, the company operates a mobile application that allows consumers to purchase a wide variety of products, including fruits, vegetables, dairy, meat, seafood, snacks, and beverages. Missfresh delivers these items directly to customers' doorsteps through its network of delivery riders. The company serves 20 cities across China and integrates its services with third-party social platforms to enhance user accessibility. Its business model combines online and offline retail, catering to the growing demand for convenient and fresh grocery shopping solutions.
Keep is an innovative fitness platform that combines technology with a passion for sports, aiming to enhance the fitness experience for users. The company offers a comprehensive fitness solution that includes AI-assisted personalized curriculums, interactive live-streaming classes, and recorded fitness courses. These offerings are tailored to individual athletic levels, fitness goals, and daily workout habits. Additionally, Keep provides a range of smart fitness devices, gear, apparel, and nutritional products, creating an integrated ecosystem that bridges the physical and digital realms. By promoting a culture of fitness and encouraging community engagement, Keep seeks to inspire more individuals to embrace an active lifestyle.
MiningLamp is a rapidly growing startup based in Beijing, China, established in 2014, specializing in big data solutions for enterprises. The company focuses on advanced applications of artificial intelligence in industries characterized by high knowledge and management complexity. MiningLamp assists clients in building their own knowledge graphs and leveraging artificial intelligence to transform data into actionable insights. By integrating perceptual and cognitive intelligence, it facilitates collaboration among people, machines, and organizations through multi-modal artificial intelligence and big data technologies. Its offerings include a self-developed big data platform that provides tools for data insight, business intelligence discovery, and data association analysis, enabling clients to effectively analyze and utilize both structured and unstructured data. Notable clients include China UnionPay, CCTV, and China Postal Savings Bank, showcasing MiningLamp's capability to enhance decision-making and operational efficiency, ultimately supporting digital transformation initiatives.
BOSS Zhipin is an online recruitment platform in China in terms of average MAU. BOSS Zhipin are a pioneer in introducing a disruptive model which is transforming China’s online recruitment industry – the Direct Recruitment Model. Our mobile-native product promotes instant direct chats between Bosses and job seekers, delivers accurate recommendation results, and is powered by proprietary AI algorithms and big data insights.
TaiMei Technology is a digital innovator specializing in the research and development sector of the life sciences industry. The company has created a comprehensive digital platform that facilitates clinical research by offering insights into various stages of drug development, pharmacovigilance, marketing, and market access. By leveraging advanced technologies such as artificial intelligence, big data, cloud computing, and mobile internet, TaiMei provides integrated solutions that support industry stakeholders throughout the entire product life cycle. The platform encompasses a range of functionalities, including clinical data management, medical imaging, trial management, and drug monitoring, all aimed at enhancing clinical research efficiency. Ultimately, TaiMei Technology is focused on building the future infrastructure of the life sciences industry to expedite product launches, improve drug safety, and enhance accessibility for patients and healthcare providers.
VIPKid is an education technology company that provides an online platform for English language learning, connecting Chinese children with North American teachers. Established in 2013 and launched in 2014, VIPKid aims to offer an immersive American elementary school experience remotely, enabling students from various regions in China to learn English and gain a broader understanding of the world. The platform supports personalized learning by matching over 500,000 students with more than 60,000 teachers, fostering cultural exchange and a passion for lifelong learning. VIPKid's mission emphasizes the uniqueness of each student and the importance of tailored educational experiences.
Xiaoshouyi develops software solutions for customer relationship, sales force, and workforce management. IngageApp provides a next-generation CRM solution by leveraging mobile social platform and big data technologies. With its SaaS and PaaS framework, the solution empowers users to engage, sell and provide services to their customers through a seamlessly integrated end-to-end process from marketing automation, sales automation, partner relationship management, to customer and field services. Founded in 2011, in 2017 IngageApp became the first Chinese CRM vendor to be named in Gartner Magic Quadrant for Sales Force Automation (SFA). More than 4,000 companies in over 20 industries use IngageApp to grow their business. Founded by Allan Shi, IngageApp is based in Beijing, China with offices across China and an R&D center in the Silicon Valley. IngageApp has raised several rounds of venture funding from leading investors like Sequoia, Tencent and Matrix Partners.
Kuaikan Manhua is an online and mobile platform for original online comic artwork targeting young readers. Founded in 2014, Kuaikan Manhua is a comic-reading platform and community of interest that is popular among users. As of January 2019, the total number of users of the comics app is over 170 million, and the monthly users are over 40 million, and the market share in the comics market is more than half*. Kuaikan World’s vision is to build an ideal ecosystem of cultural-entertainment in the future, as well as bring happiness to the world. Kuaikan aims to help comic creators to create more widely-popular comics with positive, energetic and warm contents to millions of users.
Mafengwo is a Chinese travel social networking site that allows users to share and explore travel experiences. It features over one million user-generated travel guides and more than five million ratings and reviews, covering a wide range of travel-related information such as hotels, flights, travel routes, visas, and insurance. Since its inception, Mafengwo has served more than 25 million users and emphasizes user experience by continually enhancing its platform for sharing travel insights. Its core product, the Travel Guide, includes information on over 95% of global travel destinations and has achieved over 100 million downloads. In 2012, the platform expanded its offerings by integrating booking services from various providers, thereby enhancing its utility for travelers. The company has also attracted significant investment, raising $15 million in Series B funding to support its growth and development.
Tuhu is a prominent integrated online and offline platform for automotive services in China, catering to car owners' diverse needs. Operating in over 260 cities, Tuhu offers same-day or next-day delivery and installation services for automobile after-sales products. The company utilizes its website, mobile app, call center, and third-party e-commerce platforms to deliver a digitalized and on-demand service experience. Tuhu's platform addresses a wide range of automotive service demands, including the replacement of tires and chassis parts, as well as auto maintenance, repair, and detailing. By connecting car owners with suppliers and automotive service stores, Tuhu effectively fulfills the requirements of most passenger vehicle models sold in China.
Weimob, a WeChat-based CRM solution provider. Weimob is a SAAS platform that primarily provides enterprises with WeChat-based development, operation, training, and promotional solutions, helping businesses that do not have software development experiences to build m-commerce platforms on WeChat at lower costs. Wemob also provides SCRM and traffic analytic tools, allowing clients to optimize promotion procedure and improve marketing performance.
Zhihu (知乎) is a Chinese socialized website for questions and answers. It differs from traditional online question and answer forums by enabling users to obtain information through questions that provoke the opinions and views from answerers as individuals. The number of registered users on Zhihu has surpassed 300,000 by the end of January 2012.
Founded in April 2014, Renren is the first to enter the used car market in C2C mode. It has developed into a comprehensive car trading service platform integrating used cars and new car transactions, financial services and after-sales services. For second-hand car transactions, Renren provides free door-to-door valuation, sales, replacement and other services for the majority of car owners. In order to strictly control the quality of the car in the sale, the Renren car has established a 249 test standards and a dual detection mechanism through a self-built professional appraisers team, and has reached a cooperation with the China Automobile Dealers Association to become a national standard for second-hand car testing. The industry's first strategic partner in the “certification” certification, the layer of protection is only for the rest of the car. At the same time, for the buyer, the Renren car provides a series of after-sales guarantees such as 14-day returnable car, one-year/20,000-kilometer core component warranty and 200 million yuan guarantee, leading the industry change. In April 2018, Renren was awarded a new round of financing by the Goldman Sachs Group, Tencent, Didi and other investments of $300 million. This is the third time that Tencent has added a Renren car. Previously, Renren had won a strategic investment of 200 million US dollars, and then carried out in-depth cooperation in ecological co-construction, technology, and operation.
Discord operates as a voice, video, and text communication service to talk and hang out with friends and communities. It was originally created for people who loved to play games, but these passionate people realized it could be enjoyed for more purposes. Discord is now used by everyone from local hiking clubs, to art communities, to study groups.
Douyu International Holdings Limited operates a live streaming platform based in Wuhan, China, focusing primarily on interactive gaming and entertainment content. Founded in 2014, the platform connects various stakeholders, including game developers, professional eSports teams, advertisers, and viewers. Douyu TV features a wide range of live streaming options, encompassing not only video games but also sports, variety shows, music, and travel content. The platform enables users to submit, view, and comment on videos, while also providing features for recording and sharing clips of live broadcasts. Douyu TV plays a significant role in the eSports ecosystem by sponsoring teams and organizing tournaments, positioning itself as a key player in the live streaming and gaming sectors in China.
Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates the Kuaishou platform, an online video and photo-sharing application. The platform enables users to broadcast their daily activities and connect with a diverse audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by utilizing big data and artificial intelligence to create an inclusive environment where users can share unique perspectives. With an average of 275.9 million daily active users, Kuaishou empowers everyday individuals in China while also offering an international version called Kwai, which includes localized features for users outside of China. The platform generates revenue by selling virtual items for users to gift creators, alongside online marketing and commissions from e-commerce sales. Kuaishou Technology’s commitment to ethical values and equal opportunity is central to its operations, encouraging engagement among users from various backgrounds.
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.
Founded in 2012, Yuanfudao is the largest online live course platform for primary and secondary school students in China. The platform serves over 1 million paying users, offering a diverse curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. Yuanfudao distinguishes itself through its online tutoring services, which connect students with a large pool of highly qualified teachers, many of whom are nationally recognized. This approach allows students to receive live tutoring from the comfort of their homes, making quality education accessible to hundreds of thousands across the country. Additionally, Yuanfudao employs big data analysis to help students identify their learning weaknesses and engage in targeted learning, further enhancing their educational experience.
Lyft is a transportation company that operates a mobile application designed to connect drivers with passengers seeking rides. Founded in 2013, it has become the second-largest ride-sharing service provider in the United States and Canada. The Lyft app allows users to request various types of rides, including private, shared, and luxury options, while also facilitating payment. In addition to ride-sharing, Lyft has expanded its services to include bike and scooter-sharing, promoting multimodal transportation solutions. The company primarily focuses on serving college, university, and corporate communities, and it enables riders to schedule rides up to seven days in advance.
ELEME operates as an online ordering platform. It provides a variety of gourmet food takeaway services. Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff, and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently. Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.