Long-Z Investments

Longzhu Capital, also known as Dragonball Capital, operates as the corporate venture capital arm of Meituan-Dianping. The firm specializes in strategic investments across the consumption and TMT (Technology, Media, and Telecommunications) sectors, primarily within China. It employs a venture capital approach to identify and cultivate enterprises that can enhance or complement Meituan’s expansive ecosystem of on-demand services and digital platforms.

Established in 2017 by the Chinese internet giant Meituan-Dianping, Longzhu Capital originated from the strategic foresight to leverage venture investments for accelerating growth and innovation within the parent company’s diverse business lines. This initiative draws upon Meituan's deep market insights and extensive operational data, providing a robust foundation for identifying and supporting nascent companies with high potential.

The firm's focus is on emerging companies developing products or services that align with Meituan-Dianping's strategic imperatives, such as local life services, digital consumption, and related technological advancements. Longzhu Capital’s overarching vision is to foster a dynamic portfolio of innovative ventures, ultimately aiming to expand and redefine the future landscape of digital consumption and lifestyle services.