WeChat mini program

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Founder and CEO of Meowcard, Larry Wang (Wang Lei) was born in 1991. After graduating from college in 2011, he joined a startup where he headed design and marketing. He also designed more than 10 WeChat mini programs*. Wang started Meowcard, a mini program-based social community for cat lovers as a hobby and it went viral.[1] *Small mobile apps (under 10MB) that can be downloaded and run within WeChat.

China’s largest fresh-food aggregator app buys directly from farmers, disrupting the traditionally long supply chain, to offer eateries cheaper, better-quality produce, with speedy delivery.

Duozhuayu is an online platform that collects, refurbishes and sells second-hand books. It aims to be a large-scale recycled product platform for educated Chinese youth.

Users of Dr. White can accurately self-diagnose common diseases and get suggestions for treatment from an intelligent assistant.

Leveraging WeChat’s wide reach, Meowcard is the latest cat lovers’ community to go viral in China; eyes other cat-related markets, e.g., insurance, healthcare, food.

Inspired by community-supported agriculture (CSA), Thousands of Farmers provides an e-commerce platform enabling consumers to subscribe to farm harvests in advance and share their profits. 

Five-month-old startup Xiangwushuo, a second-hand goods trading platform on WeChat, is already valued at US$250 million.

China’s largest on-demand home services platform which has trained 1m service providers in the past three years, providing over $3bn worth of job opportunities.

Before founding Thousands of Farmers in 2020, Chen worked at an agritech company developing apps and mini programs for management and marketing.

This e-commerce solutions app within WeChat lets individuals and small businesses create e-stores in the social network for free, helping them monetize their content.

Wang, a former CCTV host, is the founder and CEO of Kaishu Story. His startup operates a WeChat official account with 20 million followers that generates RMB 200 million in revenue annually. Wang participated in Kuaipeilian's seed funding round.

The owner of WeChat, Tencent is China's biggest online entertainment and social network company. While the company is best known for QQ and WeChat (with 846m active users, and counting), online gaming is actually its biggest money-spinner. Within China, Tencent is the distributor of various international online game titles, such as League of Legends and Call of Duty Online. The company also publishes Honor of Kings, known as Arena of Valor outside China, which regularly tops the list of highest-grossing mobile games globally.Tencent has invested in various gaming-related companies, including Epic Games (creator of Fortnite and the Unreal Engine creation framework), PlatinumGames (Japanese game developer), and Riot Games (creator of League of Legends). Outside of video games, it has developed and invested in products related to video streaming, such as bilibili and Kuaishou, music (JOOX), and even healthcare.

Qinghan Fund was founded in 2017 by Crystal Stream, New Hope Group and Chinese celebrity Lu Han. Its largest shareholder is Wang Mengqiu, former vice president of Baidu. Qinghan Fund invests primarily in teams (e.g., small groups of people running a WeChat Official Account) that create professionally generated content, media and platforms which cater to the next generation's lifestyle and consumption upgrade needs.

Entrepreneur First is a global entrepreneur incubator program and early-startup investor. The incubator is an intensive six-month program for founders and aspiring entrepreneurs to help them develop ideas that can go into building their own companies. The program is held in six cities around the world: Bangalore; Berlin, London, Paris, Singapore and Toronto (Canada).Participants do not need to have a startup or a specific business idea to participate, and those who have established their own companies can seek partners or co-founders at the program. Roughly 40-50% of the cohort reach the “Launch” phase, where the participants have established their own companies and received investments from Entrepreneur First and potentially other VCs. Entrepreneur First can invest in a startup built by program participants in exchange for 10% equity. The exact amount invested varies: £80,000 for the European programs; S$75,000 for the Singapore and Bangalore programs; and C$100,000 for the Canada program.

Self-tagged as a “designtrepreneur”, for whom “Everything is temporary” (says his social media bio) and Leonard Cohen fan, Alex Zhu is the co-founder and Co-CEO of Musical.ly. After graduating from Zhejiang University with a degree in Civil Engineering, Zhu started his career as a product designer for chinapages. Subsequently, he worked for eBao as a director of product management, Microsoft as Principal Creative Director and SAP, as User Experience Architect. His debut in entrepreneurship was Cicada Education, a P2P education platform for creating and sharing mini-video courses, before finding success with Musical.ly.

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