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Beyond the legendary success stories of Alibaba and Tencent, China has developed into a vibrant, competitive ecosystem of innovative technology startups. That comes as no surprise, given the country’s fast-rising economy and consumer society, vast pool of world-class talent, and quick adoption of new technologies. CompassList China, our first chapter, was born to provide insights and the context of China’s startup and tech scene to the rest of the world. Through unraveling the local cultural, social, economic and business landscapes, we reveal how China’s startup economy has boomed amid the complexities of a giant nation, home to some 1.4 billion people today.


The Big Picture
Bright Ideas
The Big Picture


Proptech Zhongzheng will focus on AI-powered data analytics to optimize performance of smart buildings in China.

Connecting landlords directly with tenants seeking well-located rentals in big Chinese cities, Mogoroom also partners Ant Financial to scrap the deposit requirement for Alipay users.


Cheng Liming is a computer science graduate from Zhejiang University.

Gao Shixing

Founder and CEO of AISpeech

After receiving his MPhil from Cambridge Judge Business School, Gao founded AISpeech in the UK in 2007. In 2008, he returned to China and settled down in Suzhou, where AISpeech is now headquartered.


As part of Vertex Ventures Holdings, a member of Temasek Holdings and Singapore's oldest and largest venture capital firm, Vertex Ventures China focuses on investment in high-growth internet and technology startups across mainland China. Vertex Ventures Holdings has a capital of US$600 million. It also has offices in Singapore, the US and Israel; and investments in these regions as well as Asia.

Born in Shanghai in 1973, Zhang and his parents immigrated to the US in 1987. He received his bachelor’s in Neurobiology from the University of California, San Francisco in 1995 and his master’s in Biotechnology and Business from Northwestern University in 1999. Zhang worked at Salomon Smith Barney and ABN AMRO Capital from 1999–2001. He then served as managing director and head of China operations at venture capital firm WI Harper Group from 2002–2008. Zhang has since served as founding managing partner at Matrix Partners China.


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