IDG Capital

IDG Capital is an investment and asset management firm, headquartered in Beijing, that specializes in venture capital, private equity, and mergers & acquisitions.

IDG Capital

Company type	Private
Industry	Investment Management
Founded	1992; 33 years ago (1992)
Headquarters	Beijing , China
Key people	Hugo Shong
Products	Private equity Growth equity Venture capital
AUM	US$23 billion (2021)[1]
Website	www.idgcapital.com

The firm, founded in 1992, was an early investor of Baidu, Tencent, Xiaomi, Meituan, and Qihoo 360.^[2]

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.^[3]

In March 2017, IDG Capital completed the acquisition of a 20 per cent stake in French Ligue 1 football club Olympique Lyonnais for €100m (US$105.38m).^[4]

In 2019, Hurun Report has noted, IDG Capital is among the top three investors in Chinese unicorns, with 25 current listed portfolio companies now valued at more than US$1 billion.^[5]

In May 2021, IDG Capital invested in Bambu Lab, a tech company based in Shenzhen China that produces desktop 3D Printers.^[6]

In January 2024, the United States Department of Defense named IDG Capital as a Chinese military company operating in the US.^[7][8] In December 2024, IDG Capital was removed from the list.^[9]