Tencent’s biggest investments of 2015

Tencent threw a lot of money at startups last year – and that trend accelerated in 2015.

Our data shows that Tencent was involved in about 50 deals around the world. For this list, we’ve combined the 20 biggest ones to show you what the web giant and WeChat maker is interested in right now.

Note that some funding rounds include other investors, where Tencent contributed only an unspecified portion.

20. Flightcar

• Total round: US$20.7 million
• Other investors in round: Priceline, GGV Capital, General Catalyst Partners, Softbank Capital, First Round Capital
• Stage: series B
• Country: US

FlightCar is car rental with a twist. Users park at the airport when they head off on a trip, and while they’re away a random person using the app rents out the car. The vehicle owner gets free parking as a result.

The startup seems to be going through a rough patch with employee departures and dissatisfied customers, raising the specter of this being money down the drain – just like with Fab.

19. Enjoy Learning

• Total round: US$24 million
• Other investors in round: unknown
• Stage: series B
• Country: China

Tencent put in US$20 million in June before other investors added a little more to this edtech startup. Enjoy Learning is a marketplace for private tutors, aimed at parents with kids of any age.

18. Line0

• Total round: US$30 million
• Other investors in round: Sequoia Capital, Gobi Partners
• Stage: series B
• Country: China

In the first week of 2015, Line0 revealed that it had gobbled up US$30 million to stay in China’s heated meal delivery battle.

Tencent threw in the most money, with Sequoia Capital and Gobi Partners also contributing.

17. G7

16. Scanadu

15. Medlinker

14. Kik

13. Zhihu

12. Futu5

11. Cyanogen

10. Renrenche

9. Practo

8. Whaley

7. WePiao

6. Guahao

5. NextEV

4. Lyft

3. LY

2. Ele.me

1. Didi Kuaidi

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