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Founded in 2016 by former NBA player Yao Ming, Yao Capital is a Shanghai, China based private equity and venture capital firm. They focus their investments on emerging consumption needs in China and their investments include global sports franchises, IP operators in entertainment, media marketing companies, sports nutrition companies, artificial intelligence companies and health and fitness companies.
Yao Capital has invested in Wesai.com, Glory Kickboxing, Formula-E, Iovate Health Sciences International, Mailman, XianyuGame, TZ Sports, Doing Now, Shankai, EDward Gaming International, Ent. Evolution, iQiyi Sports, Moviebook, DDMC Group and Supermonkey.