IDG Capital Partners
GGV, Chengwei lead $20m round for Chinese animation studio
GGV Capital and Chengwei Capital have led a $20 million Series B round of funding for Light Chaser Animation Studios, a Chinese animation producer.
VC-backed Xunlei sets terms for $92.5m US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, is seeking to raise up to $92.5 million through its US IPO.
IDG leads $20m Series B for China's Dew Mobile
IDG Capital Partners has led a $20 million Series B round of investment in DewMobile, the Chinese start-up behind file transfer app Zapya.
IDG invests $20m in China file transfer app
IDG Capital Partners has committed $20 million in Series B funding to Zapya, a Chinese file transfer mobile app.
IDG reaches $586m final close on early-stage China fund
IDG Capital Partners has reached a final close of $586 million on its latest China venture capital fund, which will make early-stage investments in the technology, media and telecom (TMT) sector.
Mobile app analytics firm App Annie raises $17m from VCs
Mobile app analytics platform App Annie has raised $17 million in new funding from existing investors IDG Capital Partners, Greycroft Partners and Sequoia Capital.
VC-backed Xunlei files for US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, has revived plans for a US IPO, two-and-a-half years after abandoning a NASDAQ offering due to market volatility.
IDG commits $1m to Hong Kong start-up AfterShip
AfterShip, a Hong Kong start-up that runs a package tracking platform, has received $1 million in Series A funding from IDG Capital Partners.
IDG, China Growth Capital invest in job site HunterOn
HunterOn.com, a Chinese online recruitment website, has secured a Series A round of funding from IDG Capital Partners and China Growth Capital.
Partial exits for IDG, Jafco as China’s Tarena completes $137m IPO
IDG Capital Partners and Jafco have made partial exits from Tarena International after the Chinese IT training services provider raised $137.7 million through a NASDAQ IPO.
Kingsoft commits $90m to VC-backed file-sharing service Xunlei
Chinese software developer Kingsoft Corporation will invest $90 million in Xunlei, a file-sharing service backed by a string of VC firms including Morningside Technologies, IDG Ventures and Ceyuan Ventures.
IDG leads round for Chinese restaurant review app Ricebook
IDG Capital Partners has led a $7 million Series B round of funding for Ricebook, a Chinese restaurant review mobile app operator.
IDG joins $6m round for Finnish mobile game developer
Next Games, a Finnish mobile gaming developer, has raised $6 million Series A round co-led by IDG Ventures and existing investor Jari Ovaskainen, followed by China’s IDG Capital Partners and US VC firm Lowercase Capital.
PE-backed Chinese education provider aims for $100m US IPO
Tarena International, a Chinese IT training services provider that counts Goldman Sachs, IDG Capital Partners and Jafco among its investors, is seeking to raise up to $100 million through a NASDAQ IPO.
Xiaomi’s Lei Jun leads $100m round China’s Vancl – update
Lei Jun, Chinese super angle and co-founder of smart phone maker Xiaomi, has led a $100 million round for Vancl, China’s largest online clothing retailer. Existing investors Temasek Holdings, IDG Capital Partners, Ceyuan Ventures and SAIF Partners also...
TMall’s Inman Apparel receives funding from IDG, Alibaba – report
IDG Capital Partners and Alibaba Group have reportedly invested in Inman Apparel, a Guangzhou-based clothing brand that sells its products through Alibaba’s TMall and Taobao platforms.
Temasek, Ceyuan, IDG, SAIF invest $100m in China’s Vancl
Vancl, China’s largest online clothing retailer, has raised more than $100 million in funding from existing investors Temasek Holdings, IDG Capital Partners, Ceyuan Ventures and SAIF Partners.
IDG, Ascent invest in India's Newgen, Headland exits
IDG Ventures India and Ascent Capital have acquired a minority stake in Newgen Software Technologies, a Dehli-based business management services provider, for INR1.1 billion ($17.6 million). The investment facilitates the exit of Headland Capital Partners.
IDG spin-out Banyan Capital raises $206m for China fund
Banyan Capital, a China-focused VC group that spun out from IDG Capital Partners, has closed its debut fund at $206 million. High net worth individuals – primarily the founders and CEOs of companies the team backed while at IDG – contributed more...
Vertex backs FirstCry’s O2O e-commerce push
Indian baby and kids-focused e-commerce site FirstCry.com was not the first mover in its segment when it launched in 2010. Kalaari Capital-backed HushBabies and Babyoye, an Accel Partners and Tiger Global portfolio company, were among those already operating...
Baidu, VCs provide $15m round for fashion site Yoka
Baidu has led a $15 million round of funding for Yoka, a Chinese fashion website. Fidelity Growth Partners also participated in the round alongside existing investors IDG Capital Partners, Matrix Partners and Hearst Corporation.
IDG leads Series A for China online finance site Tongbanjie
Tongbanjie, a Chinese online finance mobile app, has receive more than $10 million in a Series A round of funding led by IDG Capital Partners.
Sungy Mobile stock closes up 19% after $78.5m US IPO
Sungy Mobile, a Chinese app developer backed by IDG Capital Partners, JAFCO, WI Harper and China Broadband Capital (CBC), saw its stock jump 19% on its first day of trading on NASDAQ to close at $13.35.
IDG backs spin-out of Phoenix New Media's apps division
IDG Capital Partners has agreed to support the spin-out of Hong Kong broadcaster Phoenix New Media's apps business as it looks to accelerate development in China.