70 articles
ofo
ofo, known in China as ofo小黄车, was a Chinese dockless bike-sharing company founded by Dai Wei and Peking University classmates in 2014, valued at $3 billion before collapsing in 2018.
Pan Jibiao
Pan Jibiao (盘继彪), born 1973, is the founder of Changsha's Shengda Jinxi, sentenced to life imprisonment in 2025 for a RMB 91.1 billion fund-raising fraud.
Panda TV
Panda TV (熊猫直播) was a Chinese game livestreaming platform founded in 2015 by Wang Sicong, which shut down in March 2019 and was declared bankrupt in 2021.
Pengyu He
He Pengyu (何鹏宇) is a Chinese internet entrepreneur, former Tongcheng Travel senior vice president, who founded Tongcheng Life, reaching a $1 billion valuation before its 2021 bankruptcy.
PPmoney
PPmoney, originally Wanhui Tourong, was a Chinese P2P lending platform founded in Guangzhou in 2012 by Chen Baoguo, the city's largest before the 2020 shutdown.
Qianbao Network
Qianbao Network (钱宝网, Qbao.com) was a Nanjing-based Chinese investment platform promising 20% to 60% returns that collapsed in 2017 as a Ponzi-style fraud by founder Zhang Xiaolei.
Renren Jucai
Renren Jucai (人人聚财) was a Chinese peer-to-peer lending platform founded by Xu Jianwen in Shenzhen in 2011, known for car-title loans before its supervised exit in 2020.
RenrenYouXin Group
RenrenYouXin Group (人人友信集团) is a Beijing-based Chinese financial group founded by Li Xinhe, Zhang Shishi, and Yang Yifu, best known for the P2P lending platform Renrendai.
Shanlin Jinrong
Shanlin Jinrong (善林金融) was a Shanghai-based P2P lending platform controlled by Zhou Boyun that raised 73.7 billion yuan from investors in a Ponzi scheme before collapsing in 2018.
Shengda Jinxi
Shengda Jinxi (盛大金禧) was a Changsha, Hunan investment-financing intermediary founded by Pan Jibiao in 2011 that raised over 91.1 billion yuan unlicensed, leaving 12.9 billion yuan in losses.
Shixianghui
Shixianghui (食享会) was a Chinese community group buying platform founded in Wuhan in December 2017 by Dai Shanhui, backed by Tencent, and shut down by mid-2021.
Smartisan Technology
Smartisan Technology (锤子科技) was a Beijing smartphone company founded by Luo Yonghao in 2012, known for design-led phones running its own Smartisan OS; ByteDance absorbed its team in 2019.
Sun Lei
Sun Lei (孙雷) is a Chinese entrepreneur who founded the internet finance company 9F Inc. in 2006 and led it to its 2019 Nasdaq listing.
Tang Jun (Chinese entrepreneur)
Tang Jun (唐军), born 1987, is a Chinese entrepreneur who founded the P2P lending platform Tuandai in Dongguan, which collapsed in 2019 owing investors 34.82 billion yuan.
Tao Weijie
Tao Weijie (陶伟杰) is a Chinese internet entrepreneur and former Sogou product director who founded the wealth-management platform Lancai Wang, detained in 2019 for suspected illegal deposit-taking.
Tianjin Luding Technology
Tianjin Luding Technology (天津鹿鼎科技) was the Chinese operating company behind the Bluegogo bike-sharing brand, China's third-largest, which collapsed in 2017 and was taken over by Didi Chuxing in 2018.
Tianyu Longtong
Tianyu Longtong, known for its K-Touch (天语) handsets, was a Chinese mobile-phone manufacturer founded in Beijing in 2002 by Rong Xiuli, once China's leading domestic phone brand.
Wu Xianyong
Wu Xianyong (吴显勇) is a Chinese finance entrepreneur who co-founded Touna Wang, a Shenzhen peer-to-peer lending platform, and was later convicted of illegally absorbing public deposits.
Wu Yiran
Wu Yiran (吴逸然) is a Chinese finance executive who co-founded the Beijing peer-to-peer lending platform Yooli.com in 2012 and served as its CEO from September 2015 to 2020.
Wukong Bicycle
Wukong Bicycle was a dockless bike-sharing startup in Chongqing, China, founded by Lei Houyi, and the first of China's bike-sharing apps to shut down, in 2017.
Xiaoming Bike
Xiaoming Bike (小鸣单车) was a dockless bike-sharing service founded in Guangzhou in 2016, which deployed over 430,000 bikes and became China's first bike-sharing company to enter bankruptcy liquidation in 2018.
Xiong Lin
Xiong Lin (熊林) is a Chinese entrepreneur who founded Ziroom, the Beijing-based long-rental housing operator, in 2011 and has led it as chief executive, becoming chairman in 2021.
Xu Zheng (Chinese entrepreneur)
Xu Zheng (徐正) is the Chinese entrepreneur who founded and led MissFresh, the Beijing online grocer that listed on Nasdaq in 2021 and collapsed a year later.
Xue Dong
Xue Dong (薛鼎) is a Chinese entrepreneur who co-founded the Beijing bike-sharing company ofo in 2014 alongside Dai Wei and three other Peking University students.
Yang Lingang 杨㟀罡
Yang Lingang, also known as Alston, is a Chinese finance entrepreneur and Peking University graduate who co-founded the Beijing internet gold investment platform G-banker, which collapsed in 2020.
Yang Yifu
Yang Yifu (杨一夫, born 1984) is a Chinese entrepreneur who co-founded the P2P lending platform Renrendai in Beijing in 2010, running risk control until the government shut the sector in 2020.
Yiersan
Yiersan (衣二三, also known as YCloset) was a Beijing-based women's fashion-rental subscription platform founded in 2015 by Liu Mengyuan, charging 499 yuan monthly and backed by Alibaba before it shut down in 2021.
Yooli.com
Yooli.com (有利网) was a Chinese peer-to-peer lending marketplace founded in 2012 by Ren Yong, Liu Yannan, and Wu Yiran, which stopped new lending in 2020.
Youyi Wang
Youyi Wang (优易网) was a Chinese peer-to-peer lending platform in Nantong, Jiangsu, that ran from August 2012 until its operators fled with investors' money in December 2012.
Yu Liu
Yu Liu (刘禹) is a Chinese internet entrepreneur who founded the translation platform 365翻译, sold it to Alibaba in 2015, and served as Mobike's president and then CEO from 2018 to 2019.