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WeChat Pay

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The owner of WeChat, Tencent is China's biggest online entertainment and social network company. While the company is best known for WeChat (with 846 million active users, and counting), online gaming is actually its biggest money-spinner.

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.

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.

Wang is a computer engineer and SaaS expert. He received his bachelor’s degree in Electronic Engineering from Zhejiang University and his master’s degree in Computer Science from Columbia University. He once worked as an in-house engineer for WorkMarket, an American startup that businesses of all sizes trust to find, manage and pay their freelancers and independent contractors.

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.

Shenzhen Qianhai Xingwang Investment Co Ltd (Xingwang Investment) was founded in June 2015. The company is headquartered in Shenzhen and has offices in Beijing and Shanghai. Xingwang Investment has RMB 5 billion under management. It has established an investment fund with Ximalaya FM, China's largest audio sharing platform, to finance startups in the pay-for-knowledge sector.

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