DST Global

DST Global

A venture capital and private equity firm primarily investing in late-stage internet companies.

DST Global is a venture capital and private equity firm primarily investing in late-stage internet companies that is headquartered in Hong Kong and was founded in 2009 by Yuri Milner. Notable investments made by DST Global include: Facebook, Twitter, AirBnB, Spotify, JD.com, Zalando, and Alibaba.


In October 2017 a set of 13.4 million confidential electronic documents were leaked detailing information relating to offshore investments; these documents are known as the 'Paradise Papers'. The Paradise Papers contained information about DST Global which showed connections between DST Global's investments in Twitter and Facebook and the Russian government. In response to concerns about the Russian governments ability to influence Twitter and Facebook during the 2016 U.S. elections through investments made by DST Global, the companies founder, Yuri Milner, and the following statement:

DST Global’s investments in Facebook and Twitter were just two of the more than 30 internet companies around the world that DST Global’s funds have invested in — including Airbnb, Spotify, JD.com, Zalando and Alibaba. Since 2009, DST Global has invested $7 billion in the consumer internet sector, with a majority being invested in non-U.S. companies — and with less than 5% coming from VTB Bank. VTB Bank was the only Russian government institution that invested in any DST Global funds. In addition, all investors in DST Global — including Mr. Usmanov, VTB Bank, and a number of sovereign wealth funds from all over the world — are passive investors. That means they are simply committing funds to be invested by DST Global in companies of DST Global’s choosing, and they have no influence over what companies DST Global chooses to invest in or any other decision-making.

Investments made by DST Global in Twitter and Facebook occurred between 2013 and 2014 following each companies initial public offering.


Funded Companies

Robinhood (company)

Robinhood is a Palo Alto, California-based financial technology company founded in 2013. They offer free stock and equity trading and commission-free crypto-trading.

A bank offering online banking services with no user no bank fees, and an option to receive direct deposit up to two days early. Chris Britt and Ryan King founded Chime in 2013, and the company is headquartered in San Francisco, California.

Flexport is a licensed freight forwarder and shipping company based in San Francisco, CA, USA. They manage global logistics for businesses.

Nubank is a financial technology company based in Brazil issuing, administrating, processing and transfering payments related to post-paid credit cards and equity investments.

Twitter is a micro-blogging internet service founded in 2006.

Udaan is an Indian business-to-business e-commerce company based in Bengalore. It was registered as Hiveloop Technology pvt.ltd. in 2016.

Revolut is a London-based Fintech startup and bank offering mobile banking, card payments, money remittance, and foreign exchange services.

Acorns is an Irvine, California-based micro-investing company allowing users to round up consumer purchases and invest the change.

Swiggy is a food ordering and delivery company providing food service solutions for restaurants.

An online marketplace to buy & sell verified authentic sneakers, streetwear, handbags, and watches.

Earnin is a Palo Alto, California-based mobile banking company giving users access to their pay directly from mobile application.

Rappi is a delivery service company operating in Latin American countries.

Robinhood is a company founded by Vladimir Tenev.

Dada-JD Daojia is a Shanghai-based company.

26 Results
Results per page:
Page 1 of 2



Further reading


Documentaries, videos and podcasts





September 27, 2020
The Pulse of New York Tech
Peerzada Abrar
August 26, 2020
However, there has been no change in Byjus valuation after this funding
Rita Liao
August 17, 2020
Coronavirus stay-home orders have sparked an unprecedented demand for grocery delivery around the world. Now investors are clamoring to bet on promising players in the field. That includes DST Global, the investment firm helmed by Israeli-Russian billionaire Yuri Milner. Most recently, it poured $35 million into Weee!, a California-based startup that delivers Asian groceries like [...]
Kirsten Korosec
June 14, 2020
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every Saturday in your inbox. Hi friends and first-time readers. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to [...]
Christine Hall
June 11, 2020
Crunchbase News
Increased demand for grocery pickup and delivery services helped Instacart's total venture raise to climb to more than $2 billion.


Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.