China's GigaDevice commits $100m to Yunfeng's $2b USD fund

David Yu (in the picture), the Chinese media guru who founded Target Media, is also known for his close professional partnership with Jack Ma Yun, the legendary billionaire founder of Alibaba Group. Together, the duo co-founded private equity firm Yunfeng Capital in 2010.

Eudora Wang

12 August, 2026

Edited by: Pramod Mathew

AI David Yu Gigadevice Semiconductor Jack Ma PE semiconductor USD funds Yunfeng Capital

Printed by Unregistered user on Wed, 12 Aug 2026 12:23:48 GMT

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China's GigaDevice commits $100m to Yunfeng's $2b USD fund

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China's GigaDevice commits $100m to Yunfeng's $2b USD fund

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China’s Health Guard raises $157m in pre-IPO round from CCBI, Yunfeng Capital, others

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