Zero2IPO () is a
publicly listed Chinese media company that focuses on being a
service provider
A service provider (SP) is an organization that provides services, such as consulting, legal, real estate, communications, storage, and processing services, to other organizations. Although a service provider can be a sub-unit of the organization t ...
to firms in the
venture capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...
(VC) and
private equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...
(PE) industries.
The company is known for providing data regarding China's VC/PE scene.
Background
After graduating from
Tsinghua University
Tsinghua University (THU) is a public university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of China. The university is part of Project 211, Project 985, and the Double First-Class Constructio ...
, Gavin Ni had a brief stint in journalism before moving into VC. In 2000, he founded Zero2IPO.
The company grew quickly with a growth rate of 80% per annum and by late 2004 it had a revenue of 10 million yuan. There was a preference to provide research to western VC firms and training for Chinese VC firms. At the time the firm did not have much VC investment activity.
During the
COVID-19 pandemic
The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, despite disruptions to offline events and business operations, Zero2IPO saw increased demand for its online offerings.
In June 2020, Zero2IPO applied for an initial public offering (IPO) on the
Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market ...
(SEHK). The proceeds would be used to expand its geographical coverage in China as well as expand its service offerings. In addition it planned to expand into other areas like Southeast Asia and India.
On 30 December 2020, Zero2IPO held its IPO to become a listed company on the SEHK. The offering was oversubscribed 1393 times.
In 2021, Zero2IPO's subsidiary in Hong Kong obtained a license from the
Securities and Futures Commission
The Securities and Futures Commission (SFC) of Hong Kong is the independent statutory body charged with regulating the securities and futures markets in Hong Kong. The SFC is responsible for fostering an orderly securities and futures markets ...
to provide
investment banking
Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by und ...
services. Zero2IPO assisted
SenseTime in its SEHK IPO. During the same year, Zero2IPO also launched PEDATA MAX, a professional
SaaS
Software as a service (SaaS ) is a cloud computing service model where the provider offers use of application software to a client and manages all needed physical and software resources. SaaS is usually accessed via a web application. Unlike oth ...
system.
In 2022, Zero2IPO and
CNCB Capital formed a
special-purpose acquisition company
A special-purpose acquisition company (SPAC; ), also known as a blank check company or a blind-pool stock offering, is a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus taking ...
, TechStar Acquisition Corporation that was listed on the SEHK. In December 2024, it was announced that TechStar Acquisition Corporation would merge with Seyond, a provider of image-grade
Lidar
Lidar (, also LIDAR, an acronym of "light detection and ranging" or "laser imaging, detection, and ranging") is a method for determining ranging, ranges by targeting an object or a surface with a laser and measuring the time for the reflected li ...
technology.
Businesses
Zero2IPO has four major online platforms. They are:
* PEdata Database: provides industry data
* PEdaily: provides news and information
* Deal-Market: provides investor to entrepreneur matching services
* SandHill College: provides training services
The PEdata Database contained itemized information of 8,000+ VC/PE firms, 6,000+
institutional investor
An institutional investor is an entity that pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked ...
s, 20,000+ China-focused funds, 40,000+ individual investors and 20,000+ VC/PE deals by the end of 2013. The three mains sources were regular questionnaire surveys which covered the most active China-focused investment institutions, periodic telephone surveys and other published reports.
Besides its online presence, Zero2IPO is known for organizing events to cover various topics related to the VC/PE industries. They are primarily local government agencies and investors.
See also
*
Financial data vendor
A financial data vendor provides market data to financial firms, traders, and investors. The data distributed is collected from sources such as stock exchange feeds, brokers and dealer desks or regulatory filings (e.g. an SEC filing).
History
...
References
External links
* {{Official website, http://www.zero2ipo.com.cn
2000 establishments in China
2020 initial public offerings
Companies based in Beijing
Companies listed on the Hong Kong Stock Exchange
Financial data vendors
Software companies of China