China Releases A Tech Dragon: The BAT
China’s BAT – Baidu, Alibaba, Tencent — are making waves in the U.S.
China’s BAT – Baidu, Alibaba, Tencent — are making waves in the U.S.
Technology is being rocked by a new era of artificial intelligence, and nowhere is this more prominent than in China.
The Twitch of China, HUYA, went public last Friday on the NYSE, buoyed by major Chinese backers Tencent and social entertainment company YY, which together own 75.7 percent of the newly listed company’s shares. HUYA raised $180 million in the IPO and was trading up 30 percent at mid-day, as one of a series of Chinese...
Silicon Dragon founder/editor Rebecca Fannin was interviewed by NASDAQ Spotlight last week at its Times Square location. I chatted with host Lyanne Alfaro about the future of mobile, livestreaming and ride shares in China. You can check out the video interview here: China In Action.
Xiaomi mega IPO will set new bar for China’s GroupOn, Uber and more. Silicon Dragon podcast interviews Castbox founder about her Netflix for podcasts and its new $13.5M funding.
More China funds are popping up as venture capital tilts away from the Silicon Valley epicenter and toward emerging Chinese tech startups. Sinovation Ventures debuted a $500 million fourth fund while Sky9 Capital launched a $200 million third fund. Sinovation Ventures, led by AI guru and former Google China executive Kai-Fu Lee, is investing in artificial intelligence, robotics and education startups....
In more fund news, NIO Capital, linked to innovative, low-priced Chinese electric vehicle maker NIO, is reportedly closing in on a $500 million offshore fund to invest in automotive technologies. It’s part of China’s drive to become the Detroit of electric cars. Tencent and Alibaba are continuing to lead deal flow in China. Alibaba has led...
Highlights – Silicon Dragon Hong Kong 2018
Silicon Valley challenger China is catching up to US lead for venture deals. WeWorks buys NakedHub in China.
China broke through on the Forbes Midas List 2017 with 16 China venture capitalists and seven Chinese startup unicorns factoring in the rankings. This should not be a surprise considering that China’s VC market has grown to $65 billion in 2017, nearing the U.S. at $71 billion. And that China accounts for 62 of the world’s...
Baidu’s $2.2 Billion IPO of video streamer iQIYI cheers Robin Li but others not so sure U.S. investors understand and have interest in China tech ADRs.
Two China EdTech IPOs in NY In a Row. Shanghai Shines Again As A Future Top Tech Hub While New York Edges Up As Rival To Silicon Valley, KPMG survey.