Tagged: Alibaba

Top 10 Predictions For China Tech And Venture Capital In 2019

I’m kicking off the new year 2019 with my list of Silicon Dragon predictions in venture and tech. So here goes a few of my top picks. Read more at Forbes.  Alibaba and Tencent will increasingly duel over major segments of the Chinese tech economy. The BAT companies are becoming the AT companies, though Baidu is shaking things...

VC Firms Gain Again With Alibaba’s Bid To Buy Youku Tudou

VC firms that stand to gain from Alibaba’s proposal to purchase the remaining 82% of Youku Tudou include Chengwei Capital, Youku’s first institutional investor in 2005 (alongside Farallon Capital Management) which has also participated in each of the five successive funding rounds leading up to the company’s 2010 IPO. Other VC firms that have a stake...

China’s Meituan-Dianping Deal Mirrors Didi-Kuaidi Merger

The merger of China’s Meituan, a “Groupon for China,” and Dianping, “China’s Yelp,” to create a $15 billion giant respectively backed by Alibaba and Tencent as well as several prominent VC firms,  marks the largest combo in China’s Internet industry in a year when Internet deals involving Chinese companies are pegged at $58.4 billion, nearly double the amount for...