BIGO Technology
Bigo
BIGO Technology was a Singapore-based global tech company whose flagship products included the live-streaming platform BIGO Live and the short-video social app LIKE, operating primarily across Southeast Asia, South Asia, the Middle East, and the Americas . In March 2019, YY (now JOYY Inc.) acquired the roughly 68.3% of BIGO it did not already own for $14.5 billion, combining YY's domestic China operations with BIGO's overseas user base to form what it aimed to make a world-leading video social media platform . Gaorong Ventures, a Beijing-based VC firm, had previously listed BIGO LIVE among its portfolio companies as of late 2018 .
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Coverage
A Globalization Guide for Chinese Founders: Slicing the World Horizontally
The word "globalization" — so brief, yet it encompasses so many narratives.
Morningside-backed LifeTech Scientific raises over RMB 1.2 billion in new funding round | Light Moments
China's new drug R&D is undergoing a "Cambrian explosion." The industry's underlying infrastructure for pharmaceutical innovation is one of the core sectors we're tracking in healthcare.
5Y Capital Completes First Close of New RMB Fund | Light Moments
Recently, 5Y Capital completed the first closing of its second RMB-denominated fund.
The Triumph of Long-Termism: Morningside Recognized with Multiple Honors in 36Kr's "Most Founder-Friendly" and "Most LP-Trusted" Awards | Light Moments
On August 26, 36Kr's 2020 China Investor Future Summit was held in Shanghai, where the 2020 investment institution rankings were released, including:
Xpeng Motors' IPO: Key Moments We Know About | Light Moments
A new beginning, a new journey, a new chapter — congratulations to Xpeng Motors!
Morningside-backed XYZ Robotics closes nearly $20 million Series A+ round | Light Moments
Morningside-backed portfolio company XYZ Robotics has closed a nearly $20 million Series A+ round.
The Collision of AI and Pharmaceuticals: Galaxy Pharma Tech Raises Nearly $10 Million in Funding | Light Moments
Galixir announced the completion of a nearly $10 million Pre-A funding round. The round was co-led by Source Code Capital and DCM, with 5Y Capital participating as a follow-on investor. Gaorong Capital, the lead investor in the company's angel round, continued to increase its stake.
Morningside Partners with Agora to Launch RTE 2020 Startup Competition, Hunting for the Next Real-Time Internet Unicorn | Light View
Who will be the next unicorn in the real-time internet space? The RTE2020 Real-Time Internet Startup Challenge is waiting for you!
5Y Capital's Qin Liu and Fei Zhang Named to PEDaily's "TOP100 Investors" List | Light Moments
On August 12, PEDaily, China's professional portal for entrepreneurship and investment under Zero2IPO Group, jointly released with Zero2IPO Research the authoritative **2020 "Investment TOP100" investor ranking** — with Qin Liu, Founding Partner of 5Y Capital, and Fei Zhang, Partner of 5Y Capital, both making the list.
Tribute to the Unstoppable Force | Light View
A tribute to the unstoppable force.
Gaorong Ventures received honors including 36Kr's "Top 10 Most LP-Friendly VC Firms in China" and ChinaVenture's "Top 10 Best VC Firms in China 2018."
Thank you to all parties across the industry for your continued trust and support.
Yiu-Cheung Chan: The Future of Retail
Do traditional retailers need digital transformation? How are technology drivers reshaping the retail industry? And how can companies win in the fiercely competitive fresh grocery and online fresh produce markets?
Gaorong Ventures' Xiang Gao: Finding Irreversible Trends to Withstand Market Volatility
The Logic Behind the "Irreversible" Trend
A Conversation with the "Three Musketeers" of Gaorong Ventures: Embracing Technology to Create a Better Life
From 0 to 1, and on to 1 to 10
Strategic Alliance! YY Completes Acquisition of Bigo | Gaorong Ventures News
Building a world-leading video-based social media platform company
A Visual Breakdown of Gaorong Ventures' Retail Investment Model: Why It Keeps Doubling Down on the Fresh Grocery Sector
What kind of business model can better carry consumers' channel trust? And push closer to the endgame of retail?
How Can AI Empower Healthcare? "Smart Healthcare Symposium" Hosted by Tsinghua University's Department of Electronic Engineering, Co-organized by Gaorong Ventures, Explores the Question in Depth
Give the product a clinician's diagnostic mindset.
Nuro Partners with Kroger to Launch World's First Driverless Delivery Service for the General Public | Gaorong Ventures News
After extensive testing, Nuro's autonomous delivery vehicles will begin serving residents in Scottsdale, Arizona.
Gaorong Ventures was named to Forbes China's "2018 Best Venture Capital Firms TOP 10."
Chang Chen, Gao Xiang, and Yue Bin were named to Forbes China's "2018 Best Venture Capitalists" list.
The Gaorong Ventures Way: Know What to Do, Know What Not to Do
A matter of resolve.
Video Technology Company YouHua Tech Raises Tens of Millions of USD in Series B Funding | Gaorong Ventures News
We will continue to increase R&D investment. Strong technical and product capabilities are the foremost conditions for winning in the video space.
Gaorong Ventures was named among the top three best venture capital funds at the 2018 Golden Bridge Awards and ranked in the top ten Chinese VC firms in Zero2IPO's 2018 rankings.
Create long-term value for society
Gaorong Ventures Closes $500 Million New Fund, Positioning Itself as a Long-Term Partner in Building Startup Value
Institutional LPs provide the capital foundation; entrepreneur LPs drive ecosystem value-add.
Chang Chen of Gaorong Ventures Honored as "Cyzone 2018 China Investor of the Year"
Be a value co-builder for startups.
Gaorong Ventures was named among the "Top 10 VC Firms of 2018 (Growth Stage)" by the China Venture Capital and Private Equity Association, among other honors.
Measuring the Value of Watchfulness by the Yardstick of Time
Gaorong Ventures' Xiang Gao in Conversation with HUYA Inc.'s Rongjie Dong: Live Streaming Still Has Plenty of Room to Grow
A Candid Conversation on Darkest Hours, IPO Traps, and the Future of Livestreaming
Testin Cloud Testing: A Typical Industrial Internet Startup Case Study | Gaorong Ventures Sharing
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