Founding Chairman of IDG Capital

In 1993, Hugo Shong launched and led IDG Capital starting venture capital investment in China. To date, IDG Capital has invested in nearly 1000 companies and made over 200 successful exits across the globe through IPOs and M&A. In the U.S. and Europe, IDG Capital’s investments include Legendary Entertainment, Circle, Ripple, Farfetch, Moncler, Zoox, Acne Studio, Rossignol etc. In China, we have backed Tencent, Baidu, Pinduoduo, IQiyi, Meituan, Meitu, Xiaomi, Bilibili, CreditEase, Ctrip, Qihoo 360, Home Inns, etc. which have all gone on to become industry leaders. In other parts of the Asia-Pacific region, investments include Razer, Gentle Monster etc.

Mr. Shong completed the Harvard Business School’s Advanced Management Program in the fall of 1996. He conducted graduate studies at the Fletcher School of Law and Diplomacy 1987-88 and earned his MS degree from Boston University’s College of Communication in 1987. He studied Journalism at the Graduate School of the Chinese Academy of Social Sciences from 1984 to 1986 and he received a B.A. degree from Hunan University in 1981.

Among his many affiliations, Mr. Shong has served as members of the Board of Trustees at Boston University, Harvard Business School Asia Advisory Committee, and the Leadership Board of the McGovern Institute for Brain Research at MIT.