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]
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 ZOOX, Rossignol[7], Acne Studios[8], Legendary Entertainment,[9] Circle,[10] Ripple,[11] Farfetch,[12] and Moncler.
- In China, the firm has backed Tencent,[13] Baidu,[13] Xiaomi,[14] Meituan,[15] Meitu,[14] iQiyi,[16] Ctrip,[17] Pinduoduo[18], Qihoo 360[19] and EasyTransfer.[20]
- In other parts of the Asia-Pacific region, their investments include Razer, Club Factory and Gentle Monster.
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.
- "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved 2019-11-01.
- "Acne Studios Takes Minority Investment". The Business of Fashion. 2018-12-23. Retrieved 2019-11-01.
- "Legendary Entertainment Closes $275 Million of New Equity and Debt Financing Led by Strategic Investors | Legendary". Legendary. 2012-04-04. Retrieved 2018-03-18.
- Shin, Laura. "Circle Makes China Play: Raises $60 Million From Baidu, IDG Capital, Breyer; Forms Circle China". Forbes. Retrieved 2018-03-18.
- "Ripple Labs Raises $28 Million From IDG Capital Partners, CME Group, Seagate, and Others | Ripple". Ripple. 2015-05-18. Retrieved 2018-03-18.
- "BoF Exclusive | Farfetch Raises $110 Million in 'Strategic' Move". The Business of Fashion. 2016-05-04. Retrieved 2018-03-18.
- "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.
- "IDG Capital to deploy more resources in firms, eyes tech assets". Reuters. 2017-04-20. Retrieved 2018-03-18.
- "IDG Capital to lead latest round in Meituan-Dianping". dealstreetasia.com. Retrieved 2018-03-18.
- "Baidu-backed video service iQiyi raises 1.53 billion". Reuters. 2017-02-21. Retrieved 2018-03-18.
- "Ctrip | Crunchbase". crunchbase.com. Retrieved 2018-03-18.
- 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.
- "China: WeiyangX Fintech Review | Crowdfund Insider". crowdfundinsider.com. 2 June 2018. Retrieved 2018-11-06.