Yodo Run Image Ngp

Getting to 100M users in 3 years

Insights, Digital Health
Walter Masalin, NGP Capital

Our latest deal was announced in China just before GMIC Beijing last week. We led a 100M RMB Series B round for Shenzhen-based Yodo Run, China’s leading social sports and fitness tracking app.

We have been following the rapidly growing sports and fitness market in China closely for some time as part of our investment strategy in digital health. We have concluded that there is a massive opportunity for a company like Yodo Run. Our managing partner in China, David Tang, who led the deal is joining the Yodo Run board, and we are excited to back the company and actively support its growth over the years to come. Here’s why:

Market inflection point — China is doing more fitness and sports

China is fast becoming the largest market for sports and fitness trackers in the world… Read more on Medium