This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.
Founded in 2007, 51fanli (held by Zhongyan Info Technology Co) is an integrated B2C gateway/portal/community, providing consumers with cash rebates, e-coupons, and shopping tips. It is the number one rebate site in China with approximately 150,000 daily visitors.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Rest of the World
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Communications and IT Services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Qiming Venture Partners II LP
- Fund Manager:
- Qiming Venture Partners
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- March 2011
This is the investee company’s place of incorporation; or a fund’s jurisdiction.