IDG Capital

China: Everbright-IDG Industrial Fund, Temasek backs US e-commerce unicorn Wish

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Other investors were Temasek, DST, Third Point Ventures and Founders Fund.

IDG Capital to deploy more resources in firms, eyes tech assets

IDG Capital, a private equity and venture capital firm, will deploy greater resources and time in companies as they grow, in contrast to some quick exits in the past, Global Chairman Hugo Shong told Reuters in an interview. IDG Capital, which together with China Oceanwide Holdings Group recently bought tech… Read more »

China: Mobile charger sharing firms Ankebox, Laidian raise Series A round

Chinese mobile device charger sharing startups Ankebox and Laidian¬†have raised tens of millions in US dollars in series A funding round to expand their business aggressively in the domestic market. Ankebox announced on Wednesday that IDG Capital and Shenzhen-listed Li-On battery modules manufacturer Sunwoda Electronics have led its RMB100 million… Read more »