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Top related persons:
Jason Lee - 1 Angela Lai - 1 Preqin - 1 Andrew J - 1 Sherman - 1 Brown Rudnick - 1 Lai - 1
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Reuters BEIJING — China Asia Pacific Preqin China U.S Sherman , Washington India
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U.S - 1 D.C - 1 CNBC - 1 Partners - 1

Search resuls for: "Angela Lai"


2 mentions found


☆ China VC slump is set to drag Asia-Pacific fundraising down to a decade low
  + stars: | 2023-07-27 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +4 min
Jason Lee | ReutersBEIJING — China-focused venture capital and other private investment funds have had a slow start to the year and are set to drag down Asia-Pacific fundraising to the lowest in 10 years. Alternative assets include venture capital, but not publicly traded stocks and bonds. watch nowChina-focused venture capital funds raised $2.7 billion in the second quarter, a drop of more than 50% from the first quarter, Preqin said. That dragged down overall VC fundraising in Asia-Pacific to $4.5 billion in the second quarter, the lowest in at least five years, the report said. In China, new rules for private investment funds are set to take effect Sept. 1, with a stated goal of "guiding" venture capital investment for long-term investment in "innovative startups."
Persons: Jason Lee, Angela Lai, Preqin, Andrew J, Sherman, Brown Rudnick, Lai Organizations: Reuters, U.S, D.C, CNBC, Partners Locations: Reuters BEIJING — China, Asia, Pacific, Preqin, China, U.S, Sherman , Washington, India, Japan
☆ Five Chinese startups that survived a tough year of Covid lockdowns
  + stars: | 2023-01-03 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +6 min
Qilai Shen | Bloomberg | Getty ImagesBEIJING — In a year of Covid lockdowns and travel restrictions, some Chinese startups that survived found growth online and overseas. The startup avoided significant impact from China's Covid lockdowns since it could deliver its products virtually, Jiang said. The company aggressively pushed overseas in 2022 – launching subsidiaries in Tokyo, Seoul, Germany, Dubai, Los Angeles and Hong Kong, Wan said. Previously, Wan said that Keenon had seen revenue at least double or more every year from a lower base, when the China market was growing. The company has a staff of 100 people in the southern Chinese province of Guangdong and Los Angeles, Lin said.
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