China’s e-commerce start-ups lose favour with private equity funds as Beijing-backed chip makers steal their thunder, study finds

//China’s e-commerce start-ups lose favour with private equity funds as Beijing-backed chip makers steal their thunder, study finds

China’s e-commerce start-ups lose favour with private equity funds as Beijing-backed chip makers steal their thunder, study finds

E-commerce and internet-related companies have lost their lustre with private equity (PE) funds as Beijing’s support for chip makers and high-end equipment businesses, considered the backbone of the country’s manufacturing sector, have made them more appealing to investors, according to Bain & Co.A survey carried out by the global consultancy found that only 15 per cent of private equity funds focusing on China picked online retail and internet businesses among their top three investment…

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By | 2019-04-25T02:48:25+00:00 April 25th, 2019|Business|Comments Off on China’s e-commerce start-ups lose favour with private equity funds as Beijing-backed chip makers steal their thunder, study finds