Flagship study tour of the leading Chinese Accelerator Dark Horse held in Singapore
April 23, 2025, Singapore – IDEA was privileged to facilitate and be part of the recent overseas study tour led by Dark Horse Technology Group (SHE: 300688), the largest startup accelerator of its kind in China, as part of the broader overseas expansion momentum. As the first chapter of Dark Horse Chuhai ( meaning global expansion in Chinese) initiative, our delegation engaged with key Singaporean stakeholders to explore new frontiers in cross-border innovation.
Highlights from the Visit:
Singapore Economic Development Board (EDB): Discussed pathways for bilateral cooperation.
TikTok’s head of Indonesian business development shared compelling insights into Southeast Asia’s booming user base and the “social + shopping” monetization phenomenon
InCorp Global & Hillhouse Investments: Announced InCorp’s recent acquisition by Hillhouse, enabling accelerated growth in 2024
Lazada: Showcased its use of data analytics and agile market-specific strategies to navigate diverse regulatory environments
Goldman Sachs Private Bank: Hosted a luncheon featuring dialogue with the President and leading economists, focusing on cross-border M&A, green finance, and digital asset strategies
YCH Group: Presented its proprietary 7PL™ logistics model and smart tech solutions, highlighting digital transformation in supply chains.
Haidilao: Vice Chairman Dr. Zhou spoke about the brand’s localisation strategies and international scaling excellence
Commune: Shared its sustainable, omni-channel retail strategy that balances function and aesthetic
Maybank: Elaborated on regional SME financing and support for intra‑ASEAN trade
Liang Xinjun, cofounder of Fosun Group, principal of Xin Family office and IWC Management Pte Ltd speaking at the forum.
Mr. Niu Wenwen, publisher of Chinese Entrepreneur, founder of Dark Horse, speaking about the Chuhai momentum at the opening ceremony.
Visit at Incorp headquarters office

Visit at Goldman Sachs office at 1 Marina Link Singapore.
Visit at Lazada headquarters.
About Dark Horse Technology Group (SHE: 300688): Listed on Shenzhen Stock Exchange, Dark Horse provides business innovation and entrepreneurship services, including startup incubation and SaaS offerings. Founded in 2011 and rebranded in 2019, it facilitates venture development, consulting, IP services, and financial advisory
CEO Wen Wen Niu said, “Our strategic alliance underscores a shared vision of empowering Chinese startups for global expansion. In Singapore, we find an ideal partner ecosystem that fosters innovation and entrepreneurship.”
This landmark visit sets the tone for Chuhai —uniting Chinese momentum with Singapore’s dynamic business infrastructure to drive the next wave of innovation across both markets.
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