# People.Cn

> People.Cn is a VC fund in Beijing backing News and Information Services. See 17 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 17
- Last investment: Jan 2022
- Lead investor: 18%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/people's-daily
- X (Twitter): https://twitter.com/PDChina
- Website: http://people.cn/
- Facebook: https://www.facebook.com/People.cn/

People.Cn is a VC fund in Beijing focused on News and Information Services. People.cn, founded on Jan. 1, 1997, is a large-scale information interaction platform constructed by People’s Daily – one of the world’s top ten newspapers. It is also one of the largest comprehensive Internet media on the Internet. As a leading key news website in China, it upholds the belief "authority and strength originate from thepeople". With "authority, popularity and credibility" as tenet, it takes "multiple languages, all media forms, globalization and full coverage" as objectives, and "disseminating China’s news and covering world news" as its mission. On June 20, 2008, during his inspection tour of People.cn, President Hu Jintao said, "People.cn has played a unique role in advocating the Party's belief, guiding public opinion and warmly serving netizens since inception."

## Contacts

5 contacts available for People.Cn. Shizune tracks 1 team members at People.Cn. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/people-cn?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Angel | $41k–$17M |
| Series A | $1.4M–$9.5M |
| Series B | $2.8M–$47M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| News | 3 | 18% |
| Information Services | 3 | 18% |
| Travel | 2 | 12% |
| Finance | 2 | 12% |
| Online Games | 2 | 12% |

41 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 6 | 35% |
| Angel | 5 | 29% |
| Series B | 3 | 18% |
| Seed | 1 | 6% |
| Series C | 1 | 6% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 15 | 88% |
| United Kingdom | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Liao Hong | Founder, Chief Executive Officer & Vice President | 0 | https://shizune.co/investors/profile/liao-hong |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Yellow Swan | Yellow Swan Edible Fresh Eggs is a domestic raw-edible egg enterprise. The company was founded in 2018 and is headquartered in Chengdu, Sichuan, China. | $85M | Series C | Jan 26, 2022 |  |
| MAXIEYE | Maxieye is a technology service provider that offers driver assistance and automatic driving system. | $47M | Series B | Nov 18, 2021 |  |
| Milian Technology | Milian Technology is a platform for dating and dating. According to the needs of different users, we have launched a variety of dating products, including love in the same city, dating in the same city, love in the city and many other Android clients. The registered users of the platform have exceeded 10 million, belonging to Beijing. MilianTechnology Co., Ltd. |  | Series B | Jun 10, 2020 |  |
| United Capital Finance LLC | United capital finance is a global alternative investment management firm, since its founding in 2010, this firm has operated with a long-term approach to investing, focused on diversifying and uncorrelated alpha strategies.The objective of this firm's discretionary global macro strategies is to produce a high risk-adjusted return over thelong term by using a disciplined, repeatable investment process within a strong risk management framework.United believes in integrity, transparency, and alignment of interest are essential, uncompromising parts of your busses model. | $9.5M | Series A | Mar 25, 2020 |  |
| Tiexue.net | Tiexue.net is a military news media platform. | $7.1M | Post-IPO Equity | Jan 01, 2019 |  |
| Startrip | Startrip is a Tourism company. | $41K | Angel | Oct 30, 2018 |  |
| Phtons | Phtons is a provider of smart parking management and service systems. | $1.4M | Series A | Mar 26, 2018 |  |
| Jiqi Zhixin | Jiqi Zhixin is a technology media platform focusing on artificial intelligence, robots, and neurocognitive science.Since its inception, it has always insisted on providing professional, objective and serious high-quality academic and industrial content, outputting truly valuable information and knowledge to artificial intelligence practitionersand enthusiasts, and using the power of high-quality content to properly guide and even influence the artificial intelligence industry. development of. It is precisely because of this that the heart of the machine has been highly recognized by many domestic and foreign technical experts, senior executives of technology companies and artificial intelligence practitioners, and has rapidly developed into the most senior and active organization in the field of artificial intelligence information services in China. At present, the heart of the machine has a total of 500,000 high-quality users on each platform, WeChat end has an average daily PV of 50,000, and 60,000 daily active users.At the same time, the heart of the machine has deployed full-time technical analysts, industry analysts and advisors in key areas of global artificial intelligence, outputting original technical analysis articles and industrial analysis reports, and paying attention to the global artificial intelligence industry first-hand news reports.In September 2015, the heart of the machine gained millions of dollars in angel round investment. In February 2017, it received a Pre-A round of financing. The investors include Lenovo Star, today’s headlines, source code capital, X-Flight Industry Investment and Morningside Capital, etc. . |  | Series A | Jan 30, 2018 |  |
| Phtons | Phtons is a provider of smart parking management and service systems. | $425K | Angel | Dec 28, 2017 |  |
| Panda iMedia | Panda iMedia is a digital media company that helps content creators to market. | $2.8M | Series B | Nov 28, 2017 |  |

10 of 17 investments shown.

## Co-investors
- [Shunwei Capital](https://shizune.co/investors/profile/shunwei-china-internet-fund) — VC Fund, 2 deals together
- [Xiaomi](https://shizune.co/investors/profile/xiaomi) — VC Fund, 2 deals together
- [Abra](https://shizune.co/investors/profile/abra) — VC Fund, 1 deal together
- [Iflytek](https://shizune.co/investors/profile/anhui-ustc-iflytek-science-and-technology-co-ltd) — VC Fund, 1 deal together
- [Baidu Ventures](https://shizune.co/investors/profile/baidu-ventures) — VC Fund, 1 deal together
- [Blockchain.com](https://shizune.co/investors/profile/blockchain-info) — VC Fund, 1 deal together

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## FAQ

### What does People.Cn invest in?

People.Cn invests primarily in News, Information Services and Travel startups, most often at Series A and Angel stage. Most of the 17 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is People.Cn's check size?

People.Cn typically joins rounds of $41k–$17M at Angel, $1.4M–$9.5M at Series A and $2.8M–$47M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds People.Cn participates in.

### How do I contact People.Cn?

Public channels for People.Cn include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at People.Cn?

The team at People.Cn includes Liao Hong (Founder, Chief Executive Officer & Vice President). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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