|By PR Newswire||
|January 13, 2014 03:11 AM EST||
SHANGHAI, Jan. 13, 2014 /PRNewswire/ -- Qiming Venture Partners ("Qiming"), a leading venture capital firm in China, today announced the addition of Helen Wong as a partner focused on investment in the Internet and consumer ("Intersumer") sectors.
Helen is a long time venture capitalist and had spent 11 years at GGV Capital and Venture TDF. She was an early investor in Tudou which listed successfully on the NASDAQ and subsequently merged with Youku (NYSE: YOKU) at over $1 billion valuation. She is a Kauffman Fellow and has received degrees from Cheung Kong Graduate School of Business, INSEAD and Oxford University.
Helen has a reputation for insight and building true partnerships. "Helen found us while Tudou was still a tiny company and the Internet video industry was considered by most people a daydream. She stood with us through highs and lows, a strong and faithful partner for us as entrepreneurs," commented Gary Wei Wang, founder of Tudou and a member of the board of directors of YoukuTudou Inc. (NYSE: YOKU).
"We have known Helen for quite a few years and respect her capability and track record. We are very fortunate to have a person of Helen's quality and experience join our team. We believe Helen is a great fit with Qiming's sector-focused, research driven and disciplined investment approach and culture of integrity and commitment to investors and portfolio companies," said J.P. Gan, a managing partner of Qiming Ventures.
"I have observed Qiming's investment success, strengthening brand and growth over the years. I am very honored and excited about being a part of the Qiming team," said Helen. "I look forward to investing in and helping more high caliber entrepreneurs achieve their dreams and build great companies."
Qiming Venture Partners is also pleased to announce the promotion of James Wang Qi to Principal (Intersumer), and Peter Mao Shengbo (Information Technology), Shiyu Wang (Intersumer), Roger Wu Jialu (Healthcare), and Stella Zhou Lingfei (Intersumer) to Vice President.
James Wang has been with Qiming since 2008. Previously, he worked at Abbott Lab, ACNielsen, and PricewaterhouseCoopers. He received his Bachelor's degree from Fudan University.
"It is a great pleasure to announce each of these promotions. All of these investment professionals have made great contributions to the success of Qiming and Qiming's portfolio companies. Their promotions are well deserved," said Duane Kuang, a managing partner of Qiming Ventures. "We are extremely proud of our culture of developing our staff and promoting from within."
Qiming Venture Partners Introduction
Qiming Venture Partners is a leading venture capital firm in China with offices in Shanghai, Beijing, Hong Kong, Suzhou and Seattle. Founded in February 2006, Qiming currently manages five funds with $1.1 billion in assets and focuses on early to growth stage investments in the Internet and Consumer (Intersumer), Healthcare, Information Technology and Cleantech industries. Qiming's 30 partners and investment professionals, who all have strong operational experience and successful investment track records, add a great deal of value to the portfolio companies. Qiming has invested in over 90 companies and many of them have launched IPOs or been picked up via mergers and acquisitions. Qiming has established a great reputation and strives to be the top investment partner by the Chinese entrepreneurs.
SOURCE Qiming Venture Partners