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Angel Investor (Individual)

Investments

4

Portfolio Exits

1

About Wang Qiang

Wang Qiang (王强) joined New Oriental Education & Technology Group as a co-founder in 1996. He designed the foundations of New Oriental's oral English classes, as well as practical English and computer science courses. He served as Vice President and Board Member of New Oriental, as well as the New Oriental Beijing Branch Director and Standing Vice Principal. Prior to co-founding New Oriental Technology and Education, he held engineering positions in the software division of Bell Communications Research, and was formerly was a lecturer of English language and literature at Peking University. He received an M.S. in Computer Science from State University of New York, and a B.A. in English from Peking University.

Headquarters Location

China

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Latest Wang Qiang News

Zheng Qinwen advances to US Open quarterfinals by ousting last year’s runner-up, Ons Jabeur

Sep 4, 2023

Associated Press NEW YORK (AP) — Zheng Qinwen routed last year’s U.S. Open runner-up Ons Jabeur 6-2, 6-4 to move into the quarterfinals at Flushing Meadows for her deepest run ever in a Grand Slam tournament. Zheng becomes the first Chinese player to reach the quarterfinals of the U.S. Open since Wang Qiang in 2019. She did it with an aggressive baseline game that produced 21 winners. Jabeur committed 33 unforced errors and has appeared ill at times during her U.S. Open run. It was a disappointing finish for the Tunisian after reaching the finals of three of the last five Grand Slam events. Article Topic Follows: News

Wang Qiang Investments

4 Investments

Wang Qiang has made 4 investments. Their latest investment was in Paymax as part of their Seed VC on July 7, 2014.

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Wang Qiang Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/1/2014

Seed VC

Paymax

Yes

2

9/1/2013

Series B

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$99M

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10

12/14/2012

Seed VC

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10

12/2/2011

Seed VC

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10

Date

7/1/2014

9/1/2013

12/14/2012

12/2/2011

Round

Seed VC

Series B

Seed VC

Seed VC

Company

Paymax

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Amount

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

Wang Qiang Portfolio Exits

1 Portfolio Exit

Wang Qiang has 1 portfolio exit. Their latest portfolio exit was 17zuoye on December 04, 2020.

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

12/4/2020

IPO

$99M

Public

2

Date

12/4/2020

Exit

IPO

Companies

Valuation

$99M

Acquirer

Public

Sources

2

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