2. IDG Capital Partners

Assets under management: more than $3 billion

Investment portfolio: Baofeng, Baidu, Tencent, Xiaomi, Soufun, Ctrip, Qihoo 360, Sohu.com, Meitu, Dangdang.com, CreditEase, Home Inn, Gubei Watertown, Legendary Pictures, Moncler.

Xiaoge Xiong, founding partner of IDG Capital, at an Internet forum in Hangzhou, Zhejiang province, Sept 8, 2015. [Photo/IC]