Articles

Convenience Stores: Where China's Homegrown 7-Elevens Go From Here | Source Code Capital Insights

Convenience Stores: Where China's Homegrown 7-Elevens Go From Here | Source Code Capital Insights

Mr. Wu Di joined Source Code Capital in 2016, focusing on growth-stage projects and consumer investments. He participated in key investments including Toutiao and Zhangshangkuaixiao. Prior to Source Code Capital, Mr. Wu worked at bda, serving top-tier USD hedge funds and USD PE firms, with extensive research experience in e-commerce, gaming, and internet advertising. Mr. Wu holds a bachelor's degree in management from the University of International Business and Economics. Contact: wd@sourcecodec

Yi Cao: The Nine Faces of Technological Innovation

Yi Cao: The Nine Faces of Technological Innovation

On August 17, China Renaissance Alpha hosted the "2017 Impact Investment Summit" — "Tearing Open the Hype, Seeing the Truth" — for its first day in Beijing. The summit gathered seasoned investors from prominent institutions and entrepreneurial elites in technology and new consumer sectors for in-depth discussions, attracting nearly 2,000 registrations from targeted founders and investors across the industry. This year's summit featured two full days of intense debate on cutting-edge topics from August 17 to August 18.

Juli Xinfang Closes $10 Million Series B Round, Existing Investor Source Code Capital Continues to Double Down

Juli Xinfang Closes $10 Million Series B Round, Existing Investor Source Code Capital Continues to Double Down

On August 17, Juli Xinfang founder and CEO Wang Peng announced that Juli Xinfang had become the first new-home e-commerce platform to complete a Series B round. The round was led by Vertex Ventures China, with existing investor Source Code Capital continuing to participate, for a total of tens of millions of dollars.

ErGeng Closes RMB 100 Million Series B+ Round Led by Source Code Capital, Cementing Its Position as a Short-Video Industry Leader

ErGeng Closes RMB 100 Million Series B+ Round Led by Source Code Capital, Cementing Its Position as a Short-Video Industry Leader

Today, ErGeng announced the completion of a RMB 100 million Series B+ funding round, led by Yunfeng Capital with follow-on investment from Source Code Capital. Founded in 2014, ErGeng launched its official account on WeChat in its early days, releasing its first original video every night at 9 PM. In May 2015, it merged with the major self-media account "Midnight Diner."