Companies Backed by Hillhouse Capital
8 companies in Hillhouse Capital's investment portfolio.
Back to Hillhouse Capital profileInvestment Thesis
“Takes a long-term, research-driven approach to investing in technology and innovation across Asia, with deep expertise in China.”
Portfolio Companies (7)
Airbnb
Airbnb runs an online marketplace for short and long-term stays, experiences and services, earning a commission on bookings. It listed on Nasdaq as ABNB in December 2020; 2025 revenue was $12.2 billion.
ByteDance
ByteDance is the Beijing-based developer of TikTok, Douyin, Toutiao and CapCut, and builds generative AI models. It remains privately held, valued at $300 billion in a 2024 buyback offer.
JD.com
JD.com is a Beijing based e-commerce, retail and logistics group founded by Richard Liu in 1998. It listed on Nasdaq in May 2014 and added a Hong Kong listing in June 2020.
Meituan
Meituan (Chinese: 美团; pinyin: Měituán; formerly Meituan–Dianping) is a Chinese technology company that operates a platform for local services including on‑demand food delivery, in‑store services and consumer reviews under the Dazhong Dianping brand, hotel and travel bookings, and instant retail.
Peloton
Peloton Interactive sells connected bikes, treadmills and rowers with streamed fitness classes on a subscription. Founded in 2012 in New York, it listed on Nasdaq (PTON) in September 2019.
Uber
Uber Technologies runs ride-hailing, food delivery and freight platforms from San Francisco. It has traded on the NYSE as UBER since its May 2019 IPO and reported 2025 revenue of $52.0 billion.
Zoom
Video communications platform providing video conferencing, webinars, phone systems, and collaboration tools for businesses and consumers.
Other Investments (1)
Portfolio Analysis
Hillhouse Capital has built a portfolio of 8 companies across 3 sectors, including Consumer, Marketplace, SaaS. Of these investments, 4 have achieved successful exits through acquisitions or IPOs, demonstrating the firm's track record of backing companies to meaningful outcomes.
The portfolio reflects investments across the IPO, Series D+ stages, showing Hillhouse Capital's approach to supporting companies at multiple points in their growth journey.
Frequently Asked Questions
How many companies has Hillhouse Capital invested in?
Hillhouse Capital has invested in 8+ companies across 3 different sectors. Of these, 4 have achieved successful exits through acquisitions or IPOs.
What sectors does Hillhouse Capital invest in?
Hillhouse Capital's portfolio spans Consumer, Marketplace, SaaS. This diversification reflects the firm's broad investment thesis and sector expertise.
What stages does Hillhouse Capital invest at?
Hillhouse Capital invests across the IPO, Series D+ stages. Their portfolio includes companies at various points in their growth journey.
How many exits has Hillhouse Capital had?
Hillhouse Capital has had 4 portfolio companies achieve exits through acquisitions or IPOs. This track record of exits demonstrates the firm's ability to identify and support companies through successful outcomes.