IDG Capital is an investment and

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

firm, headquartered in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

, that specializes in

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 ...

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 ...

, and mergers & acquisitions.

History

The firm, founded in 1992, was an early investor of

Baidu Baidu, Inc. ( ; ) is a Chinese multinational technology company specializing in Internet services and artificial intelligence. It holds a dominant position in China's search engine market (via Baidu Search), and provides a wide variety of o ...

Tencent Tencent Holdings Ltd. ( zh, s=腾讯, p=Téngxùn) is a Chinese Multinational corporation, multinational technology Conglomerate (company), conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimed ...

Xiaomi Xiaomi (; ) is a Chinese multinational corporation and technology company headquartered in Beijing, China. It is best known for consumer electronics software electric vehicles. It is the second-largest manufacturer of smartphones in the worl ...

Meituan Meituan ( zh, p=Měituán, c=美团, literally "beautiful group"; formerly Meituan–Dianping, literally "beautiful group–reviews") is a Chinese shopping platform for locally found consumer products and retail services including entertainment ...

, and

Qihoo 360 Qihoo 360 (; approximate pronunciation CHEE-hoo), full name 360 Security Technology Inc., is a Chinese internet security company that has developed the antivirus software programs 360 Safeguard and 360 Mobile Safe, the Web browser 360 Secure Bro ...

. In January 2017, IDG Capital and

China Oceanwide Holdings Group China Oceanwide Holdings Group Co., Ltd. () known also as China Oceanwide is a Chinese privately owned investment company. It is the parent company of publicly traded company Oceanwide Holdings as well as the largest shareholder of another publi ...

acquired

International Data Group International Data Group (IDG, Inc.) is an American market intelligence and demand generation company focused on the technology industry. IDG, Inc.'s mission is centered around supporting the technology industry through research, data, market ...

(IDG) and its subsidiaries, International Data Corporation (IDC),

IDG Communications International Data Group (IDG, Inc.) is an American market intelligence and demand generation company focused on the technology industry. IDG, Inc.'s mission is centered around supporting the technology industry through research, data, market ...

, and IDG Ventures. IDG Capital became the controlling shareholder of IDG Ventures. In March 2017, IDG Capital completed the acquisition of a 20 per cent stake in French

Ligue 1 Ligue 1 (; ), officially known as Ligue 1 McDonald's France, McDonald's for sponsorship reasons, is a professional association football league in France and the highest level of the French football league system. Administered by the Ligue de ...

football club

Olympique Lyonnais Olympique Lyonnais (), commonly referred to as simply Lyon () or OL, is a French professional association football, football club based in Lyon, Auvergne-Rhône-Alpes, France. With origins dating back to 1899, they were founded in 1950 and p ...

for €100m (US$105.38m). 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. In May 2021, IDG Capital invested in Bambu Lab, a tech company based in

Shenzhen Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong ...

China that produces desktop 3D Printers. In January 2024, the

United States Department of Defense The United States Department of Defense (DoD, USDOD, or DOD) is an United States federal executive departments, executive department of the federal government of the United States, U.S. federal government charged with coordinating and superv ...

named IDG Capital as a Chinese military company operating in the US. In December 2024, IDG Capital was removed from the list.

References

External links

* {{authority control Financial services companies established in 1992 Investment management companies of China Private equity firms of China Venture capital firms of China