Investments
7Portfolio Exits
1
Want to inform investors similar to Fosun Venture about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Fosun Venture News
Aug 15, 2014
Like our Facebook page and follow us now on Twitter @chinamoneypod . Beijing-based discount tourism online booking portal Lailaihui.com has received RMB100 million (US$16.3 million) series B financing from Fosun Group ’s venture capital arm Fosun Venture Capital Investment and CDH Investments , according to Chinese news reports. The company previously received several millions U.S. dollars series A financing from CDH Investment and Unity Ventures . Founded in 2013, Lailaihui is a discount tourism booking platform focused on cross-border travel. The company claims its monthly transaction value has reached about RMB10 million (US$1.6 million). Income from Chinese domestic tourism for the first half year of 2014 will increase by 14.8% to reach an aggregate of RMB1.6 trillion (US$260 billion), according to the data released by China Tourism Academy . Earlier in August, Shanghai-based Chinese tourism and travel booking and service provider Lvmama.com also completed an undisclosed amount of series D financing . In another deal highlighting the great potential in the Chinese tourism sector, Connecticut-based online travel booking website Priceline Group Inc. says earlier in August that it plans to invest US$500 million in Shanghai-based travel service group Ctrip.com International Ltd.
Fosun Venture Investments
7 Investments
Fosun Venture has made 7 investments. Their latest investment was in Saphlux as part of their Series B on December 12, 2022.
Fosun Venture Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
12/22/2022 | Series B | Saphlux | $15.75M | Yes | 2 | |
4/8/2020 | Series A | |||||
3/24/2020 | Series A - II | |||||
6/1/2018 | Series A | |||||
11/30/2017 | Series B |
Date | 12/22/2022 | 4/8/2020 | 3/24/2020 | 6/1/2018 | 11/30/2017 |
|---|---|---|---|---|---|
Round | Series B | Series A | Series A - II | Series A | Series B |
Company | Saphlux | ||||
Amount | $15.75M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 2 |
Fosun Venture Portfolio Exits
1 Portfolio Exit
Fosun Venture has 1 portfolio exit. Their latest portfolio exit was Zhang Xiaoquan on September 06, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
9/6/2021 | IPO | Public | 2 |
Date | 9/6/2021 |
|---|---|
Exit | IPO |
Companies | |
Valuation | |
Acquirer | Public |
Sources | 2 |
Fosun Venture Team
1 Team Member
Fosun Venture has 1 team member, including former Managing Director, Mei Tong.
Name | Work History | Title | Status |
|---|---|---|---|
Mei Tong | HOPU Investment Management | Managing Director | Former |
Name | Mei Tong |
|---|---|
Work History | HOPU Investment Management |
Title | Managing Director |
Status | Former |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.