Ofo’s bicycle-sharing service has been a big beneficiary of venture capital funding. Photo: Xinhua

More start-ups in China succeed in getting funding, but investors are becoming choosy

A report finds that a third of start-ups found investors in the first half of this year, up from a quarter a year ago, but venture capitalists were more selective when it came to funding bigger amounts

Topic |   Start-ups

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Ofo’s bicycle-sharing service has been a big beneficiary of venture capital funding. Photo: Xinhua
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