• Dotc United Group

  Led · Series B · Jul 2017

  DotC United Group, established in 2015 and based in Shanghai, focuses on global development, operation and commercial monetization of mobile applications including input, system security, network security and entertainment apps. The company has launched several overseas products such as Swift WiFi, Flash Keyboard and SUPO Cleaner. By the end of March 2017 its operational applications had accrued 450 million users worldwide. The company’s stated business is app development and monetization rather than hardware or enterprise services. Its current financial position includes a recent large Series B financing and a prior Series A in 2016. The original shareholder Shi Yi remains the actual controller after the latest transaction. DotC United develops mobile apps aimed at improving mobile Internet users' life and social experience globally. Its product portfolio includes Swift Wi-Fi (a Wi-Fi sharing platform), Swift Locker (an Android lock screen) and Flash Keyboard (an Android keyboard). Each of those products has more than 20 million daily active users, and by the beginning of 2016 the company's apps had reached 200 million users worldwide. The company was founded in 2015 by Yi Shi, who serves as CEO, and is based in Shanghai, China. DotC completed a $45M Series A and intends to use the funds to continue developing mobile products and expand its user base.

• Baidu Video

  Participated · Equity · Apr 2016

  Baidu Video is a video search and professional-generated-content (PGC) distribution platform that indexes over 800 million video items. It was split from Baidu and began independent operation in September 2016. The app has surpassed 600 million mobile downloads and, per iResearch July data, reached 70 million mobile monthly active users after focusing on short video since 2018. Baidu Video partners with mainstream streaming sites, MCNs, self-media, and PGC producers, and has made strategic investments in platforms including 36Kr, Renren Video, Hanju TV, Taomeng, and Beike Video. The company plans to increase investment in content production and content investments and to expand R&D in artificial intelligence. Its stated goal is to further build out and monetize a short-video content ecosystem. Baidu Video is a newly independent video service spun out from Baidu that says it reaches 300 million monthly viewers. The platform positions itself as a professional generated content video platform and will focus on platform development while providing video search and content aggregation services. A company spokesperson said Baidu Video aims to become the No. 1 professional generated content video platform in China. Making Baidu Video independent removes the drag of a capital-intensive business from Baidu’s finances and lets the company act like a more nimble startup that can raise capital and draw on experience from third-party investors. The spinout occurs amid intense competition in China’s online-video market, including Alibaba’s pending $3.5 billion acquisition of Youku Tudou. Baidu also owns iQiyi, which it plans to make private in a deal that could be worth up to $2.8 billion.

No current team members are available.