XD Inc.
心动公司
XD Inc. (心动公司, 02400.HK) is a Hong Kong-listed gaming company that acquired a 5.3% stake in MiAO for $14 million in August 2025, valuing the game-plus-social startup at roughly RMB 2 billion . The deal was disclosed via a public filing by XD Inc., which has been backing MiAO since co-leading its angel round in 2022 alongside continued follow-on investment . MiAO itself was founded in 2022 and focuses on innovative game products with a social layer .
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XD Inc.Company
心动公司
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Mentioned in 3 articles
Coverage
Rongbao | Multiple autonomous driving, nuclear fusion, gaming, and innovative drug companies raise hundreds of millions of RMB in funding
From commercial deployment to world-first breakthroughs, innovation never stands still.
高榕创投·MiAO Secures Another Nine-Figure Investment, Targeting Game+Social Product with Gaorong Ventures Backing Since Angel Round
From purposeful play to purposeless play.
高榕创投·MiAO Secures Over 100 Million Yuan Investment from X.D. Network
Core focus: high-DAU evergreen games
Monolith砺思资本·


