Beijing Dami Future Technology Co. Ltd.

Beijing Dami Future Technology Co. Ltd.

Beijing Dami Future Technology Co. Ltd.

Overview
Date Founded

2013

Headquarters

Hong En Guan,No.23 Doufuchi Hutong,Dongcheng District,Beijing

Type of Company

Private

Industries

Schools & Student Services
Other Business & Consulting Services
Holding Companies

Company Description

Beijing Dami Future Technology Co. Ltd. is a company headquartered in Beijing, China, that operates an online education platform. The firm was founded in 2013 by Wenjuan Mi and Cindy Mi.The company says this about itself: VIPKid is a global education technology company that connects children with the world's best teachers for real-time online English immersion learning. VIPKid's mission is to inspire and empower every child for the future. VIPKid envisions a global classroom that empowers students and teachers through personalized learning, connects cultures across the world and sparks a passion for lifelong learning. It believes that education is not one-size-fits-all, rather, all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity.

Executives & Employees

Founder

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Investors
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Established in early 2010 and named after our co-founders Mr. Jack MA (Yun), Executive Chairman of Alibaba Group, and Mr. David YU (Feng), founder of Target Media, Yunfeng is a private equity firm started by a group of successful entrepreneurs and influential industry leaders. Our goal is not only to provide capital, but also to share with the portfolio companies the experience and lessons learned, helping them to better formulate corporate strategy, optimize organizational structure and establish brand recognition. We focus on nurturing young entrepreneurs with the potential to become the next-generation industry leaders who can build great companies. We currently manage a number of US Dollar Funds, RMB Funds, as well as Special Funds. Our focus sectors include internet, technology, healthcare, media & entertainment, financial services, logistics and consumer. Yunfeng Capital is headquartered in Shanghai, with offices in Hong Kong, Beijing, Hangzhou, and other cities of China.

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Founded in November, 1998, Tencent has grown into one of China's largest and most used Internet service portal. Since its establishment over the last decade, Tencent has maintained steady growth under its user-oriented operating strategies. On June 16, 2004, Tencent Holdings Limited (SEHK 700) went public on the main board of the Hong Kong Stock Exchange. It is Tencent's mission to enhance the quality of human life through Internet services. Presently, Tencent is providing value-added Internet, mobile and telecom services and online advertising under the strategic goal of providing users with "one-stop online lifestyle services". Tencent’s leading Internet platforms in China – QQ (QQ Instant Messenger), QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai and Tenpay – have brought together China's largest Internet community, to meet the various needs of Internet users including communication, information, entertainment, e-commerce and others. As of Sep 30, 2011, the active QQ users accounts for QQ IM amounted to 711.7 million while its peak concurrent users reached 145.4 million. The development of Tencent has profoundly influenced the ways hundreds of millions of Internet users communicate with one another as well as their lifestyles. It also brings possibilities of a wider range of applications to the China’s Internet industry. Looking forward, Tencent remains committed to enhancing its development and innovation capabilities while strengthening its nationwide branding for its long term development. More than 50% of Tencent employees are R&D staff. Tencent has obtained patents relating to the technologies in various areas: instant messaging, e-commerce, online payment services, search engine, information security, gaming, and many more. In 2007, Tencent invested more than RMB100 million in setting up the Tencent Research Institute, China's first Internet research institute, with campuses in Beijing, Shanghai, and Shenzhen. The institute focuses on the self-development of core Internet technologies, in pursuing its development and innovation for the industry. Tencent's long term vision is to become the most respected Internet enterprise. In order to fulfill corporate social responsibilities and to promote civil Internet communities, Tencent has been actively participating in public charity programs. In 2006, Tencent inaugurated the Tencent Charity Fund, the first charity foundation set up by a Chinese Internet enterprise, and the public charity website gongyi.qq.com. The website focuses on youth education, assisting impoverished communities, care for the disadvantaged, and disaster relief. Tencent has currently begun a number of public charity projects across China. It strives to help build a harmonious society and to become a good corporate citizen

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SCCA-HK seeks firms that make products or delivers a service that they deem would thrill a large number of consumers. They believe a step-by-step process is the only way to develop a robust firm.SCCA-HK invests in seed, startup, early stage and growth stage firms that they believe will become significant. They seek to invest across multiple sectors with a particular focus on software, systems, services and components. Within their core sectors, the firm typically invests in consumer, Internet, and professional services companies; computer, subsystems, and communication systems; semiconductor and optical components; application, network and infrastructure software.SCCA-HK prefers that their seed and early stage investments are in proximity to Israel due to frequent contacts. There is no geographic preference for their growth stage firm investments.In terms of investment levels, SCCA-HK invests from USD 100 thousand to USD 1 million in the seed stage, USD 1 million to USD 10 million in the early stage and USD 10 million to USD 50 million in the growth stage.

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