User:Ipdrgcn18/sandbox

Founded in Boston in 1992, IDG Capital is an investment firm focused on venture capital, private equity, and mergers & acquisitions. The firm’s investment covers Technology, Media and Telecommunications (TMT), Consumer and Entertainment, Healthcare, Advanced Manufacturing/Clean-Tech and Energy. Currently, IDG Capital manages approximately $20 billion of accumulated assets and has offices in fifteen cities in the world, including New York, Boston, London, Beijing, Shanghai, Hong Kong, Seoul, Hanoi, etc.

IDG Capital was the first global investment firm to enter China and an early investor of Baidu, Tencent, Xiaomi, Meituan, and Qihoo 360.

In January 2017, IDG Capital and China Oceanwide Holdings Group acquired International Data Group (IDG) and its subsidiaries, International Data Corporation (IDC), IDG Communications, and IDG Ventures. IDG Capital became the controlling shareholder of IDG Ventures.