Gobi’s $1 million investment in Indonesian tour operator TripVisto is reminiscent of its earlier backing of Tuniu in China.
Hong Kong’s startup ecosystem passes two milestones in recent days with a new CTO government position and plans for an MIT innovation node.
Week’s News: Kai-Fu Lee To List Fund, Intel Backs 2 More China Startups, IPOs Thaw, China Media Capital Attracts Alibaba, Tencent
The week’s news saw Kai-Fu Lee launch a bold plan to list Innovation Works on China’s New Board, Intel Capital add 2 more China startups to its growing portfolio, a thawing of the domestic IPO freeze, and Alibaba and Tencent getting behind China Media Capital.
Marry Me For Chinese Citizenship is the handiwork of a NYY grad who wants to call attention to U.S. and China visa issues.
Doesn’t look like 500 Startups is stopping soon as the early investor spreads its wings with Southeast Asia funds and opts to invest more in Japan and Korea.
Taiwanese AI startup draws $23M more from Sequoia and other heavyweight VCs as sign of nation’s growing tech landscape for software.