唯品会，低调出资了10个亿

Core Viewpoint - The article discusses the recent developments of Vipshop in the equity investment space, highlighting its new investment fund and its historical investment activities, indicating a potential recovery of market confidence in the investment landscape [3][4][9]. Group 1: Vipshop's New Investment Fund - Vipshop has registered a new company, Vipshop (Zhuhai) Investment Partnership, with a capital of 1 billion RMB, signaling its renewed focus on equity investments [4]. - The new fund's establishment may represent a return of "smart money" in the market, especially in a time of scarce market funds [9]. Group 2: Historical Investment Activities - Vipshop has a rich history in direct investments, with 24 recorded investments primarily in the internet and consumer sectors, including significant stakes in an insurance company and commercial real estate [5]. - The company became the second-largest shareholder of Guofu Life Insurance, holding 21.95% of the shares, marking its strategic entry into the financial sector [5][6]. - In 2019, Vipshop acquired 100% of the shares of Suning Commercial Group for 2.9 billion RMB, expanding into offline retail with a focus on outlet stores [6][7]. Group 3: Diversification of Investment Strategies - Since 2016, Vipshop has invested in 27 funds, collaborating with notable firms like Tencent Investment and Sequoia China, which have been crucial in its growth [7][8]. - Post-2020, Vipshop's investment strategy diversified, engaging with both new and established venture capital firms across various sectors, indicating a shift towards financial returns rather than operational synergy [8]. - The company has also established a pet investment fund in collaboration with Petty Holdings, showcasing its broadening investment interests [8]. Group 4: Market Trends and Signals - The article notes a trend of recovering market confidence, as evidenced by recent investments from other internet companies and the establishment of large funds by firms like 58.com [10][11]. - The resurgence of investment activities from major players suggests a potential revitalization of the investment landscape, which could benefit companies like Vipshop [11].