IDG Capital
Founded in Boston in 1992, IDG Capital is an investment and asset management firm that specializes in venture capital, private equity, and mergers & acquisitions. The firm currently has offices in fifteen cities around the world, including New York, Boston, London, Beijing, Shanghai, Hong Kong, Seoul and Hanoi.[1]
Type | Investment |
---|---|
Industry | Venture capital, private equity, and mergers & acquisitions |
Founded | 1992 |
Headquarters | , |
Website | www |
The firm was the first global investment firm to enter China in the 1990s and an early investor of Baidu, Tencent, Xiaomi, Meituan, and Qihoo 360.[2]
In January 2017, IDG Capital and China Oceanwide Holdings Group acquired International Data Group (IDG) and its subsidiaries, International Data Corporation (IDC), IDG Communications, and IDG Ventures. IDG Capital became the controlling shareholder of IDG Ventures.[3]
In March 2017, IDG Capital completed the acquisition of a 20 per cent stake in French Ligue 1 football club Olympique Lyonnais for €100m (US$105.38m).[4]
In 2019, Hurun Report has noted, IDG Capital is among the top three investors in Chinese unicorns, with 25 current listed portfolio companies now valued at more than US$1 billion.[5]
Investment
IDG Capital has invested in more than 800 companies and made over 180 exits through IPO's and M&A. Its portfolio covers Technology, Media and Telecommunications (TMT), Consumer and Entertainment, Healthcare, Advanced Manufacturing/Clean-Tech and Energy.[6]
- In the U.S. and Europe, the firm's investments include Amlogic,[7] Acne Studios,[8] Artsy,[9] Castbox,[10] Circle,[11] Coinbase,[12] Farfetch,[13] High Fidelity,[14] Legendary Entertainment,[15] Moncler,[16] Opera,[17] Parrot SA,[18] Ripple,[19] Rossignol,[20] Wish,[21] and ZOOX.
- In China, the firm has backed Anker,[22] Baidu,[23] Bosideng,[24] Ctrip,[25] Dangdang,[26] EasyTransfer,[27] Ecovacs Robotics,[28] Hey Tea,[29] Insta360,[30] iQiyi,[31] Jiangxiaobai,[32] Kingdee,[33] Kongzhong,[34] Kunlun Fight,[35] Meituan,[36] Meitu,[37] NIO,[38] Niu Technologies,[39] Pinduoduo,[40] Qihoo 360,[41] Qingsongchou,[42] Quanjude,[43] Secoo,[44] Tencent,[23] Ten Fu Group,[45] Tudou,[46] Womai,[47] Xiaomi,[37] XPeng,[48] and Xunlei.[49]
References
- "Contact Us | IDG Capital". en.idgcapital.com. Retrieved 2019-11-01.
- "投资公司". cn.idgcapital.com. Retrieved 2018-03-18.
- "China Oceanwide and IDG Capital Announce Agreement to Acquire IDG". Retrieved 2018-03-18.
- "IDG stake acquisition in Lyon over the line". sportspromedia.com. Retrieved 2017-03-01.
- "These are the savviest investors in Chinese unicorns". South China Morning Post. 2019-05-14. Retrieved 2019-11-01.
- "portfolio | IDG Capital". en.idgcapital.com. Retrieved 2018-03-19.
- "AMLOGIC (SHANGHAI) CO.,LTD". www.marketscreener.com. Retrieved 2021-01-06.
- "Acne Studios Takes Minority Investment". The Business of Fashion. 2018-12-23. Retrieved 2019-11-01.
- "Artsy Raises Another $25m It Says It Doesn't Need, Expanding Into China". Art Market Monitor. 2015-03-26. Retrieved 2021-01-06.
- "List of Castbox's 6 Investors". Crunchbase. Retrieved 2021-01-06.
- Shin, Laura. "Circle Makes China Play: Raises $60 Million From Baidu, IDG Capital, Breyer; Forms Circle China". Forbes. Retrieved 2018-03-18.
- "KuCoin Exchange Receives Investments from Neo Global Capital, IDG, and Matrix Partners". UNHASHED. 2018-11-16. Retrieved 2021-01-06.
- "BoF Exclusive | Farfetch Raises $110 Million in 'Strategic' Move". The Business of Fashion. 2016-05-04. Retrieved 2018-03-18.
- "IDG Capital - Investments, Portfolio & Company Exits". Crunchbase. Retrieved 2021-01-20.
- "Legendary Entertainment Closes $275 Million of New Equity and Debt Financing Led by Strategic Investors | Legendary". Legendary. 2012-04-04. Retrieved 2018-03-18.
- "List of top IDG Capital Portfolio Companies - Crunchbase Hub Profile". Crunchbase. Retrieved 2021-01-06.
- "OPay raises $50 million from investors including IDG Capital, Sequoia China, Source Code Capital and Opera". Bloomberg. 2019-07-10. Retrieved 2021-01-28.
- "Parrot - Crunchbase Company Profile & Funding". Crunchbase. Retrieved 2021-01-28.
- "Ripple Labs Raises $28 Million From IDG Capital Partners, CME Group, Seagate, and Others | Ripple". Ripple. 2015-05-18. Retrieved 2018-03-18.
- "Rossignol Group Partners With IDG Capital to Seize Development Opportunities in the Chinese Market". www.bloomberg.com. Retrieved 2019-11-01.
- Georgiadis, Stavros (2020-08-31). "The 4 Hottest Upcoming IPOs to Watch". InvestorPlace. Retrieved 2021-02-01.
- "Anker Innovations - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 2021-01-06.
- "IDG资本2017变与不变:25岁老牌机构如何焕发新生机". tech.sina.com.cn. 11 January 2018. Retrieved 2018-03-18.
- Flannery, Russell. "China's Fashion Industry Has Plenty Of Room To Grow, IDG's Jeacy Yan Says". Forbes. Retrieved 2021-01-06.
- "Ctrip | Crunchbase". crunchbase.com. Retrieved 2018-03-18.
- "List of DangDang.com's 5 Investors". Crunchbase. Retrieved 2021-01-06.
- "China: WeiyangX Fintech Review | Crowdfund Insider". crowdfundinsider.com. 2 June 2018. Retrieved 2018-11-06.
- Dongmei, Li (2017-03-01). "IDG-Backed Chinese Robot Vacuum Maker ECOVACS Files For Shanghai IPO". China Money Network. Retrieved 2021-01-15.
- "The Secret Recipe of HEYTEA's Buzz in China : the New "Food Celebrity"". daxueconsulting.com. Retrieved 2021-01-20.
- "Insta360 - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 2021-01-21.
- "Baidu-backed video service iQiyi raises 1.53 billion". Reuters. 2017-02-21. Retrieved 2018-03-18.
- "China Distiller Jiangxiaobai Raises $300 Million". BNN Bloomberg. 2020-09-08. Retrieved 2021-01-26.
- "Kingdee - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 2021-01-26.
- "Going Private Offer Too Low?". Seeking Alpha. 2015-06-30. Retrieved 2021-01-26.
- "Kunlun Fight stock price, funding rounds, valuation and financials". Craft. Retrieved 2021-01-26.
- "IDG Capital to lead latest round in Meituan-Dianping". dealstreetasia.com. Retrieved 2018-03-18.
- "IDG Capital to deploy more resources in firms, eyes tech assets". Reuters. 2017-04-20. Retrieved 2018-03-18.
- "IDG Capital - Investments, Portfolio & Company Exits". Crunchbase. Retrieved 2021-01-28.
- Burroughs, Tim (2018-10-22). "China's Niu raises $63m in IPO, closes down on debut". AVCJ. Retrieved 2021-01-28.
- Xie, Stella Yifan. "Chinese E-Commerce Startup Fetches Nearly $24 Billion Valuation in Nasdaq IPO". WSJ. Retrieved 2019-11-01.
- "Ctrip | Crunchbase". crunchbase.com. Retrieved 2018-03-18.
- "Series C - Qingsongchou Network Technology - 2017-07-26 - Crunchbase Funding Round Profile". Crunchbase. Retrieved 2021-01-28.
- Writer, Staff (2013-10-17). "IDG Capital and China Lodging Invest $56M In Quanjude". China Money Network. Retrieved 2021-02-01.
- "Secoo: IDG Capital Will Continue to Support Undervalued Secoo After Restrictions Are Lifted". Bloomberg.com. 2017-10-13. Retrieved 2021-02-01.
- "Query Builder | Investors | Crunchbase". Crunchbase. Retrieved 2021-02-01.
- "Tudou - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 2021-02-01.
- "List of Womai's 4 Investors". Crunchbase. Retrieved 2021-02-01.
- "Xpeng Motors - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 2021-02-01.
- "Xunlei - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 2021-02-01.
- Wang, Yue. "Chinese Millennials Are Flocking To This Anime And Gaming Site, But Can It Make Money?". Forbes. Retrieved 2021-01-06.
- "Cassia backs $40m investment in China retail". AVCJ. 2016-12-15. Retrieved 2021-01-15.
- "IGG - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 2021-01-21.
- "Toyota Invests $400 Million in Pony.ai to Deepen Driverless Pact". Bloomberg.com. 2020-02-26. Retrieved 2021-01-28.
- "Series A - Razer - 2011-12-20 - Crunchbase Funding Round Profile". Crunchbase. Retrieved 2021-01-06.
- "SenseTime - Funding, Financials, Valuation & Investors". Crunchbase. Retrieved 2021-02-01.