The Hover flying camera and Baidu driver-less cars drew eyes in Beijing, DCM deal and personnel move were in the spotlight, signs of a slowing startup economy surfaced PLUS Silicon Dragon made a splash with its 6th annual event in ever-intense Beijing.
Category: China News
Don’t expect the downturn to last long though. Several new funds emerged in April, led by GGV’s mega $1.2 billion fund.
China Power: 11 China-based VCs rank among the top 100 startup investors globally while Mainland China counts 41 of 155 unicorn companies worldwide. New deals span India, Japan, the UK and Malaysia.
Amazing to see the mainstream tech media catching onto the copy from China trend that Silicon Dragon spotlighted some 8 years ago (in a book by the same title).
Startup Asia Digest: VC Andrew Chung forums 1955, Didi tips scales at $20B, Huawei stands behind Tim Cook’s position, China’s Perfect World links up with Hollywood
GGV Capital is bulking up with two funds while Southeast Asia draws in VCs such as Gobi’s new deal in Vietnam.