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Companies based in Hangzhou

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DeepSeek
Hangzhou DeepSeek Artificial Intelligence Basic Technology Research Co., Ltd., doing business as DeepSeek, is a Chinese artificial intelligence (AI) company that develops large language models (LLMs). Based in Hangzhou, Zhejiang, DeepSeek is owned and funded by the Chinese hedge fund High-Flyer. DeepSeek was founded in July 2023 by Liang Wenfeng, the co-founder of High-Flyer, who also serves as the CEO for both of the companies. The company launched an eponymous chatbot alongside its DeepSeek-R1 model in January 2025.
Alibaba Group
Chinese multinational technology company
Geely
Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding ( ; ), is a Chinese multinational automotive conglomerate headquartered in Hangzhou, China. The company was founded by, and is privately owned by Chinese entrepreneur Li Shufu.
Ant Group
Chinese company
Alibaba Cloud
Chinese cloud computing company
Loong Air
Chinese airline
Cainiao
Cainiao Smart Logistics Network Limited (), formerly known as China Smart Logistics Network, is a Chinese logistics company launched by Alibaba Group, jointly with eight other companies, on 28 May 2013. On March 26, 2024, Alibaba, which holds approximately 64% of Cainiao's shares, said it would acquire the remaining 36% of Cainiao's shares. As of May 2018, Cainiao was one of the largest unicorn companies in China, valued at 100 billion yuan.
Nongfu Spring
Chinese company
Dahua Technology
Chinese video surveillance products company
High-Flyer
Ningbo High-Flyer Quantitative Investment Management Partnership (Limited Partnership), doing business as High-Flyer, is a Chinese hedge fund company incorporated in February 2016. Its legal registration address is in Ningbo, Zhejiang, and its main office location is in Hangzhou, Zhejiang. It is the founder and backer of AI firm DeepSeek.
YTO Cargo Airlines
Chinese airline
Sanhua
Sanhua Holding Group Co., Ltd. (三花控股集团有限公司) is a global manufacturer of controls and components for the HVAC & Refrigeration home appliance, automotive air conditioning and thermal management industries.
China Zheshang Bank
Chinese national joint-stock bank headquartered in Hangzhou
DEEP Robotics
Chinese robotics company
Greentown China
Chinese company
Hangzhou Silan Microelectronics
Chinese semiconductor company
Zhejiang Airlines
former Chinese airline