Gobi, Sequoia Add Sizeable Funds For More Asian Startup Deals
Weekly news roundup of Asia deals and trends.
Weekly news roundup of Asia deals and trends.
Silicon Dragon’s ranking of China’s top 10 unicorn startups (below) offers a snapshot of these breakthrough leaders with stratospheric valuations. Of the 131 unicorns worldwide, China claims 18 startups in the $1 billion-plus club. More details on each of these unicorns plus a list of the full 18 Chinese companies in the $1 billion club can be accessed...
China’s unicorns startups now numbering 18 will likely face higher hurdles with economic slowdown and market volatility.
Chinese investors have arrived in Israel to back startups and venture funds.
Silicon Dragon’s conference comes to Pasadena at a time when Chinese money is hitting the streets in rapid fire.
Asia tech startups are not so silently raising record sums from venture capitalists to ramp up their businesses.
Los Angeles is emerging as a hub for Chinese cross-border investment and innovations, catching up with Silicon Valley. Silicon Dragon is hosting a well-timed tech innovation and venture capital conference in Los Angeles, July 29-30, at the Pasadena Convention Center.
Chinese investors continue to show growing interest in Israeli high tech, with Chinese investors set to inject an estimated $500 million in Israeli venture capital in 2015, according to IVC Research Center. The center additionally predicted that Israeli funds will raise between $1.2 billion and $1.5 billion by the end of this year, and half of the funds that raise money by the end of...
Chinese tech firms have fallen out of love with America, and it shows – a growing number of them are looking to drop their listings in New York and head back home. Many Chinese tech executives are betting on higher share valuations in China where stock markets have recently caught fire. They also hope to evade...
Chinese e-commerce site and Alibaba rival JD.com is putting its money into fresh fruit and vegetables after it led a $70 million Series C round in FruitDay, a company that sells fresh produce across China. The investment in six-year-old FruitDay, which claims to be China’s largest online produce firm, also included participation from previous backers Susquehanna International Group...
The theme of Silicon Dragon’s Beijing event was, “China Tech: Hotter than Ever, When Will it Cool?” No one can say definitively when it will cool, but based on the panel discussions, there’s a real reason it’s this hot.
Two companies have sealed a deal that’s raising eyebrows: Segway, the struggling American maker of disgraced self-balancing scooters, has been bought by Ninebot, the Chinese rival that Segway recently accused of copying its signature two-wheelers. Ninebot announced the curious acquisition for an undisclosed sum on Wednesday, which followed a combined $80 million investment from mega-rich Chinese...