Tagged: China

Why This Chinese Startup Bought Segway

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...

Are Chinese Tech Startups Overvalued?

Technology startups in China are raising cash at a record pace from private investors, prompting concerns about potential overvaluation. The latest hot deal is an $800 million-plus round for Shanghai-based Dianping, an online-review site similar to Yelp Inc., as the WSJ’s Rick Carew and Juro Osawa report. Late demand from new investors increased the fundraising, pushing Dianping’s...

Silicon Dragon News – mid-January 2015

CHINESE STARTUPS MAKE A SPLASH AT CES Large Chinese tech companies such as ZTE, Huawei, Alibaba, Hisense, TCL and Lenovo made a splash again at this year’s Consumer Electronics Show with prominent exhibit space, flashy billboards and signs. Indeed, if you’re looking for a sign that Chinese tech companies are their way up, consider that one...

Silicon Dragon Talk: Hong Kong Startups – A Reality Check

Silicon Dragon Talk: Offering a reality check on Hong Kong’s new push as a startup innovation capital, with guests Tytus Michalski of Fresco Capital, Melissa Guzy of Arbor Ventures and Simon Squibb of Nest. Hosted by Rebecca Fannin of Silicon Dragon Ventures.