Genesis Capital invests in the growth of China’s economy. We take an entrepreneurial approach to invest in top teams and companies that leverage information technology to improve efficiency for consumers, and for businesses. We partner with our portfolio companies to manage growth, attract talent, drive excellence and continuous innovation to become no.1 in their industries.
Genesis was established in 2015 by Richard Peng, who previously built and led Tencent’s investment team and portfolio, and Kurt Xu, who previously held senior positions across operations, strategy, and investment at Tencent. The founding team has invested over USD15 Bn in 300+ technology and internet companies globally, and bring decades of investment and operations to our portfolio companies.
Focus on Growth
We focus on growth stage companies with proven business models, and take a disciplined approach across origination, due diligence, and investments. We believe continuously building specialized expertise and excellence is the best way to generate value for our companies and for our investors.
The CEO and organization capability is the most critical success factor of every company – so it is the single most important factor in our investment decision-making processes. We only invest in teams with the capability to lead multi-billion-dollar companies.
We invest in c.10-15 companies per fund, as a concentrated portfolio strategy not only allows us to conduct industry deep dives, rigorous due diligence, but also dedicate our time to support our companies – from corporate strategy, organizational capability development, to capital markets and M&As.
Specialized expertise is key to our success. Our investment team works closely with our function teams to identify leading players in the growth stage, and to create long-term value. We emphasize open, transparent and collaborative team culture to generate faster decision-making and enhanced insights.
The Genesis team consists of seasoned investment professionals with diverse industry experience, senior research experts, dedicated specialists in data science, financial/legal due diligence and talent management, led by a senior team with an average of 19+ years of relevant experience.
RED is the world's largest lifestyle community that integrates community, content, and e-commerce. It is the #1 destination for Chinese globally to share, discover, and purchase products.
Tantan is one of the popular social networking apps in China. It was acquired by Momo (Nasdaq: Momo) in 2018.
The 4th Paradigm is a pioneering provider of AI infrastructure that leverages big data and machine learning to improve efficieny and manage risk for corporates- from insurance to financial services.
Xiaopangxiong is one of the largest one-stop renovation materials platforms in China.
Algebraist is a leading artisanal coffee chain in the eastern region of China.
Yonghong Technology is a big data business intelligence (BI) company that specializes in data integration, visualization and analytics, empowering people to better understand business data and reach wiser decisions.
NeoX Biotech is a leading artificial intelligence and biophysics focused biotech platform.
SELECT Historical Investments
Didi is the world‘s leading mobility technology platform. It offers a wide range of app-based services across Asia Pacific, Latin America, Africa and Russia, including taxi-hailing, private car-hailing, bikes & e-bikes, and financial services etc.
JD.com is one of China’s largest online retailer with leading supply-chain based technology and services. Its nationwide fulfillment network covers 99% of China’s population, with same-day and next-day delivery.
58.com operates the largest online market place for classifieds. The Company’s online marketplace enables local business users and consumers to connect, share information, and conduct business.
Meituan is China’s leading e-commerce platform for services, with “eating” as its core business. Meituan is focused on its “Food + Platform” strategy to build a multi-level technology service platform.
With "intelligent service robots" and "AI-empowered businesses" as carriers, Cheetah Mobile is well poised for the upcoming intelligent upgrading of services and products in the AI and 5G era.
Tel: (010) 84400800
Unit F, 15/F Tower A, Gateway Plaza,
18 Xiaguangli, Chaoyang District, Beijing
Tel: (021) 62337066
Unit 2904, 29F, Tower 2, Kerry Centre,
1515 Nanjing Road West, Shanghai
Hong Kong Office
Tel: (852) 37579885
Unit 1503, 15/F, Nexxus Building
41 Connaught Road Central, Hong Kong