Lenovo Music Fund official debut: Le Tease game is its first investment project

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"TechWeb Report" August 19 news, Lenovo Music Fund Celebration reception held in Beijing. With the success of the Chinese first hand tour concept stock listed on the Nasdaq, its investors-Lenovo Music Fund has gradually entered the people's vision. Lenovo Group senior vice president, Cloud Services business Group President He Zhiqiang with the top Lenovo, and Le Fund platform under the 15 "Lenovo" Member representatives attended the event.

Lenovo Music Fund in November 2010 in Lenovo Mobile Internet Conference was formally established, is Lenovo Group's network venture capital fund, focused on early investment, with high growth of the t.m.t field start-up companies. Le Fund is an important starting point and experimental plot for Lenovo Group's investment strategy, which expands new business opportunities for Lenovo Cloud service business and expands Lenovo's Internet ecosystem. At the press conference, Le Fund for the first time to the outside world to share the three years of investment results, including well-known reading software Zaker, the world's first face recognition algorithm of the unprecedented technology faces + + and so on. As Lenovo Music Fund's first investment incubation project, the fun game in the evening of August 7 this year on the Nasdaq listing, as the investor's Lenovo Music Fund also received a small profit.

As an important layout of Lenovo Internet transformation, le Fund from the inception, focus on early venture capital, with high growth of the Internet start-up companies, and the initial investment direction to lock "network games, mobile games", "network security, smart phone security, network payment security", "Network marketing, mobile electric business and mobile social", " Large data Applications "and" Things Networking smart equipment "five major areas.

Le fund formed a financial + technical background of the "double" investment team, members have an average of more than 10 years in the field of TMT investment experience. 3 years since its inception, the spirit of "people, potential, things, time" investment philosophy, Le Fund invested more than 30 start-up companies, the return on investment to maintain an annual growth of 100%.

Lenovo Group senior vice president, Cloud Services business Group President He Zhiqiang said: "Cloud services business Group has two core objectives, the first is to establish Lenovo's own ecosystem, through the establishment of ' equipment + Services ' business model, to provide users with a good Lenovo experience and develop close interactive user relations; second, to drive Lenovo Internet transformation, Through the development of personal cloud and enterprise cloud services, further expand Lenovo Internet ecosystem. Le Fund is one of the core businesses to achieve the second goal, because Lenovo has a strong technology accumulation, accurate industry insight, accurate judgment of investment, Lenovo industry resources can let ' Lenovo ' enterprises and Lenovo to generate business synergy, and Lenovo in the internationalization of the process of accumulation of team management, strategy development and implementation experience, And can help the ' Lenovo Department ' enterprises to grow up quickly. ”

Lenovo Group vice president, China and cloud services business group CMO Weijianglei also said: "With the Music fund official debut, Lenovo divided ' three steps ' started the mobile internet transition." The first step, Lenovo set up a digital marketing team in November 2013, using mobile Internet and social means to carry out brand and product promotion; The second step: in July 2014, Lenovo launched China's ' most reliable internet platform NBD ', absorbing more Internet enterprises to join the Lenovo ecosystem and seek a win; The third step: based on the music fund, relying on Lenovo's leadership in the science and technology industry, with a forward-looking focus on Internet technology application of venture capital, the early layout of the Internet next intersection, so as to build a mobile interconnected ecological circle. ”