LAUNCHING EVENT: FUTURE FORWARD|Xiaojun Li,Investor, IDG Capital 00:10:00
Li is a partner at IDG Capital, which has over $20 billion assets under management.He is best known for his bet on smartphone maker Xiaomi. The smartphone maker went public in 2018, and is currently valued at over $50 billion.His portfolio includes Chinese live tutoring app Yuanfudao, valued at $17 billion. He has also invested in financial technology company Fenbeitong, which became a unicorn in 2022.Li's bet in Chinese insurtech, Waterdrop, went public in May 2021, trading at a market capitalization just over $1 billion. It garnered attention in 2023 for its AI-powered customer service platform.
