Orchid Asia Group
Suite 5612, 56/F, The Center 99 Queen's Road Central, Hong Kong
Overview
Orchid Asia Group Management, Ltd. ("Orchid Asia") is an investment group with offices in Hong Kong, Shanghai, Beijing, Guangzhou and San Francisco. They focus on backing experienced executives in building franchises in Asia, with an emphasis in China. They seek to invest in expanding domestic enterprises in high barrier to entry businesses that have good growth prospects in the consumer services and products sector, as well as the outsourced manufacturing and services sector.
- Total investments
- 2
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Consumer
- Financial Services
- Outsourcing
Investment portfolio
- Duiba
Led · Series C · Aug 2018
Duiba is a Chinese enterprise solution provider. The company has raised a $110-million Series C round. The Series C was led by private equity firms TPG and Orchid Asia Group. The article was reported by China Money Network. No operating metrics, future plans, or additional financial details were disclosed in the article.
- FunPlus
Participated · Equity · Mar 2014
FunPlus, founded in 2010 by Andy Zhong and Yitao Guan, is a Beijing-based mobile social games company. It has launched titles including Family Farm and Royal Story on Facebook and Family Farm Seaside on iOS, Google and Amazon. All of the company's games are free-to-play with options for users to purchase virtual currency and goods. FunPlus has over 200 employees across Beijing, San Francisco and Vancouver. The company plans to use new funding for growth, including recruiting in its global offices and launching at least two to three additional games in 2014. It previously closed a $13m Series A in 2012.