# Qiming Venture Partners' Internet Investments: 10 Startups in Its Portfolio (2026)

> The 10 Internet startups Qiming Venture Partners has backed, by stage: $5.0B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/qiming-venture-partners-internet-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Series C and later

7

- [Xiaomi](https://millionrounds.com/company/xiaomi)
- [Zhihu](https://millionrounds.com/company/zhihu)
- [Tujia](https://millionrounds.com/company/tujia)
- [Mafengwo](https://millionrounds.com/company/mafengwo)
- [Club Factory](https://millionrounds.com/company/club-factory)
- [*C* Chubao](https://millionrounds.com/company/chubao)
- [Domob](https://millionrounds.com/company/domob)

## Series B

3

- [*TG* The Good Stuff](https://millionrounds.com/company/the-good-stuff)
- [*L* Laguo](https://millionrounds.com/company/laguo)
- [wali](https://millionrounds.com/company/wali)

## Segment by segment

### Series C and later

7 startups · $4.9B raised

- [**Xiaomi**](https://millionrounds.com/company/xiaomi) Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). China $2.4B
- [**Zhihu**](https://millionrounds.com/company/zhihu) 知乎是中国领先的在线内容社区,专注于问答和知识分享。自2010年上线以来,知乎已发展成为中国最大的问答社区之一,并在纽约证券交易所和香港证券交易所上市。总部位于北京,知乎的核心功能是让用户提出问题、回答问题、投票和讨论,形成一个知识交流的平台。 知乎提供多种服 China $919M
- [**Tujia**](https://millionrounds.com/company/tujia) China $755M
- [**Mafengwo**](https://millionrounds.com/company/mafengwo) China $418M
- [**Club Factory**](https://millionrounds.com/company/club-factory) Club Factory is a cross-border e-commerce marketplace based in Hangzhou, China. China $200M
- [*C* **Chubao**](https://millionrounds.com/company/chubao) China $100M
- [**Domob**](https://millionrounds.com/company/domob) Domob Network Technology is a Chinese advertising platform for smartphones. China $23M

### Series B

3 startups · $109M raised

- [*TG* **The Good Stuff**](https://millionrounds.com/company/the-good-stuff) China $70M
- [*L* **Laguo**](https://millionrounds.com/company/laguo) Laguo.com is an online, vertical recruitment platform. China $30M
- [**wali**](https://millionrounds.com/company/wali) Wali Customer Intelligence helps customers find their favorite products, and helps businesses find their targeted customers. China $8.6M

**How this map is made.** Every startup here works in Internet and has raised money in a round we track that names Qiming Venture Partners as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Qiming Venture Partners' Biotech portfolio** 57 startups · $6.9B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-biotech-portfolio)[Sector portfolio **Qiming Venture Partners' Healthtech portfolio** 28 startups · $2.2B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-healthtech-portfolio)[Sector portfolio **Qiming Venture Partners' AI portfolio** 22 startups · $37B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-ai-portfolio)[Portfolio map **Qiming Venture Partners portfolio map** 178 startups · $59B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-portfolio-map)[Co-investors **Who invests with Qiming Venture Partners** 124 co-investors](https://millionrounds.com/portfolio-maps/qiming-venture-partners-co-investors)[Investments abroad **Qiming Venture Partners' investments in China** 101 startups · $46B](https://millionrounds.com/portfolio-maps/qiming-venture-partners-investments-china)

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