usd: subtotalpay with browser.continue to checkoutvisit shopproduct is not available in this quantity.we are a day-one investor in china's enterprise / technology startups.we back technologist-turned founders to achieve world-class breakthrough.get in touchinvestment portfolioabout uswe are a china-focused seed and early venture investor since 2006. we pioneered fintech, enterprise software and deeptech investing thesis in china since 2012. we have seeded and backed more than 160 teams with $1.3+ billion currently under management.more about usselect portfoliowe have built a large network of extraordinary founders in china, across enterprise systems, frontier technologies, life sciences as well as consumer evolution themes.consumer 4.0nasdaq: tigr（exited)tiger brokers is a one-stop destination to trade stocks tailored for global mobile-native investors.2016consumer 4.0nasdaq: mfmissfresh invented distributed mini warehouse (dmw) model to operate an integrated online-and-offline on-demand retail business focusing on offering fresh produce and fast-moving consumer goods (fmcgs).2016consumer 4.0nasdaq: litbezbuy was a benchmark success for cross-border e-commerce in singapore and is now part of light in the box (nasdaq: litb), serving in 25 languages across 140 countries globally.2014consumer 4.0nasdaq: wish (exited)wish started as a cross-border e-commerce marketplace and now is one of the largest of its kind in the world, serving 900 million monthly active users in 60+ countries.2014browse all investmentsour approach01deep insightsinvesting early has always been a key success factor for us. the ability to enter a newly formed industry early enpowered us to become a leader. we all have real industry experience as business operators ourselves with the right skillsets in trend-spotting, pattern recognition and fast decision-making. all of us are deeply involved in deal-sourcing and closing. you get all of us once you get one of us.02balanced sectorswe never wanted to be a single-sector investor in china, as we have witnessed the repetitive turmoil of themes for the past twenty years. we decided to mingle sectors within one fund and focused on early stage only. despite of slight portfolio construct differences between funds, we have always maintained a high percentage in enterprise and technology deals, while staying vigilant to new ideas in life sciences and consumer themes.03superior disciplinewe are laser focused on investment discipline. we target a 10x return for each round at the moment of investment, regardless of lead / follow or follow-on strategies.