Founding Partner, IDG Capital
In 1993, Mr. Shong co-founded China’s first technology venture capital firm, IDG Capital, backed by Patrick J. McGovern, Founder and Chairman of International Data Group (IDG). Till February 2017, IDG Capital has invested in over 500 China’s most successful internet companies such as Tencent (QQ), Ctrip, Baidu, Sohu, Soufun, HomeInn, Hanting, Tudou, 91.com, Baofeng, Xiaomi, and Meitu. In January 2017, IDG Capital led the acquisition of IDG Ventures, the investment business under IDG. 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 1982. Mr. Shong has been a member of the Board of Trustees at Boston University since 2005, and the non-executive director of WPP plc since 2013.