Investments
19Portfolio Exits
2Funds
3Partners & Customers
2About Ocean Link
Ocean Link is an independent private equity firm focused on China's growing travel and tourism sector. The cultivation was carried out in 2016 during a pivotal period of growth and development for the travel and tourism sector in China. With increased consumption and changing immune actions driving a shift in the country's economic landscape, there is an immense opportunity for the sector to evolve to Serve the rising number of domestic and international travelers. With the support of strategic partners Ctrip, the largest online travel agency in China, and General Atlantic, a leading global growth equity firm, the firm's team of investment professionals in Shanghai and Hong Kong combine deep local reach, strong investment acumen, and extensive industry Expertise to identify attractive opportunities in the rapidly expanding travel and tourism sector in China. Ocean Link deploys both RMB- and USD-denominated funds to invest strategically and on across the broad value chain and sub-verticals of the travel and tourism sector including hotels and resorts, attractions and online travel agencies and operators, transportation services, and Related business solutions providers.
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Latest Ocean Link News
Feb 15, 2022
Harmay, a Beijing, China-based retail beauty brand, raised USD 200M in Series C and D funding. The Series C was led by General Atlantic and the Series D by QY Capital, with Eastern Bell Capital, N5 Capital, Ocean Link, Hillhouse Venture, and BA Capital among the co-investors.
Ocean Link Investments
19 Investments
Ocean Link has made 19 investments. Their latest investment was in Harmay as part of their Series D on January 1, 2022.
Ocean Link Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/20/2022 | Series D | Harmay | No | 3 | ||
7/19/2021 | Series D | PatPat | $510M | No | 9 | |
4/6/2021 | Series D | Dingdong Maicai | $700M | No | 21 | |
2/6/2021 | Series C | |||||
1/14/2021 | Series C - II |
Date | 1/20/2022 | 7/19/2021 | 4/6/2021 | 2/6/2021 | 1/14/2021 |
|---|---|---|---|---|---|
Round | Series D | Series D | Series D | Series C | Series C - II |
Company | Harmay | PatPat | Dingdong Maicai | ||
Amount | $510M | $700M | |||
New? | No | No | No | ||
Co-Investors | |||||
Sources | 3 | 9 | 21 |
Ocean Link Portfolio Exits
2 Portfolio Exits
Ocean Link has 2 portfolio exits. Their latest portfolio exit was Dingdong Maicai on June 29, 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 |
|---|---|---|---|---|---|
6/29/2021 | IPO | Public | 17 | ||
Date | 6/29/2021 | |
|---|---|---|
Exit | IPO | |
Companies | ||
Valuation | ||
Acquirer | Public | |
Sources | 17 |
Ocean Link Acquisitions
6 Acquisitions
Ocean Link acquired 6 companies. Their latest acquisition was 51job on June 21, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
6/21/2021 | Acq - Pending | 3 | ||||
4/16/2021 | Growth Equity | |||||
9/18/2020 | ||||||
4/8/2019 | Series E+ | |||||
3/1/2017 | Series D |
Date | 6/21/2021 | 4/16/2021 | 9/18/2020 | 4/8/2019 | 3/1/2017 |
|---|---|---|---|---|---|
Investment Stage | Growth Equity | Series E+ | Series D | ||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Pending | ||||
Sources | 3 |
Ocean Link Fund History
3 Fund Histories
Ocean Link has 3 funds, including Ocean Link Partners II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
2/25/2021 | Ocean Link Partners II | $580M | 3 | ||
5/20/2020 | Ocean Link Partners II Interholding | ||||
8/29/2016 | Ocean Link Fund I |
Closing Date | 2/25/2021 | 5/20/2020 | 8/29/2016 |
|---|---|---|---|
Fund | Ocean Link Partners II | Ocean Link Partners II Interholding | Ocean Link Fund I |
Fund Type | |||
Status | |||
Amount | $580M | ||
Sources | 3 |
Ocean Link Partners & Customers
2 Partners and customers
Ocean Link has 2 strategic partners and customers. Ocean Link recently partnered with Ctrip on August 8, 2016.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
8/28/2016 | Partner | China | Ocean Link , the first private equity firm focused on the fast-growing travel and tourism sector in China , today announced its strategic partnership with Ctrip , the largest online travel agency in China , and General Atlantic , a leading global growth equity firm . | 2 | |
8/28/2016 | Partner |
Date | 8/28/2016 | 8/28/2016 |
|---|---|---|
Type | Partner | Partner |
Business Partner | ||
Country | China | |
News Snippet | Ocean Link , the first private equity firm focused on the fast-growing travel and tourism sector in China , today announced its strategic partnership with Ctrip , the largest online travel agency in China , and General Atlantic , a leading global growth equity firm . | |
Sources | 2 |
Ocean Link Team
3 Team Members
Ocean Link has 3 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Tony Jiang | Carlyle, and Deutsche Bank | Founder | Current |
Name | Tony Jiang | ||
|---|---|---|---|
Work History | Carlyle, and Deutsche Bank | ||
Title | Founder | ||
Status | Current |
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