China’s tech entrepreneurs are getting venture capital funding at home in push into Southeast Asian markets

//China’s tech entrepreneurs are getting venture capital funding at home in push into Southeast Asian markets

China’s tech entrepreneurs are getting venture capital funding at home in push into Southeast Asian markets

China’s technology firms are stepping up their efforts to expand into Southeast Asian markets with home-grown capital, even as funding from private equity and venture capital giants has plunged this year amid uncertainties caused by the US-China trade war. They are bringing their industry know-how and experience to seize untapped businesses in the region while opportunities at home diminish, according to Michael Zhu, a Shanghai-based managing partner at Gobi Partners, which manages about US$1…

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By | 2019-11-14T06:36:26+00:00 November 14th, 2019|Business|Comments Off on China’s tech entrepreneurs are getting venture capital funding at home in push into Southeast Asian markets