US-based IT media and data firm International Data Group (IDG) has been acquired by diversified conglomerate China Oceanwide and IDG Capital, the corporate’s own China-based VC affiliate.

The deal, first announced in January 2017, means IDG Capital now holds a 10% stake of IDG and has taken control of IDG Ventures, the group’s corporate venturing division.

IDG Capital was launched in 1993 as a US-based, China-focused venture capital firm backed by IDG before moving its headquarters into the People’s…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?