BDA is an investment advisory firm founded in 1994 and based in Beijing, China. The firm assists clients with deal sourcing, valuation, financial modeling and mergers and acquisitions support. BDA's clients include venture capital and private equity firms, hedge funds, sovereign wealth funds and selected multi-national corporations. The firm provides listed companies with on-going tracking and customized, company-specific equity research. BDA primarily caters to the internet, technology and consumer goods and services sectors.