US venture capital in China tumbles as tech decoupling deepens

US venture investment in China is expected to plunge to a 6-year low for 2019, just a year after peaking. The widening US-China tech rift is ripping apart early-stage investment, according to a report by Rhodium Group and the National Committee on US China Relations.

15 Jan 2020 - 6:59AM03571EC5-13F4-4283-B996-99444BE88411
China’s hunger for online education draws support from Tencent, Sequoia

Known for its often aggressive parenting style and crops of tiger moms, China has taken a lead in online education, using AI and virtual reality to improve instruction

Known for its often aggressive parenting style and crops of tiger moms, China has taken a lead in online education, using AI and virtual reality to improve instruction

7 Jan 2020 - 2:14PM
China’s hunger for online education draws support from Tencent, Sequoia
JD Health’s US$7b valuation vaults it to second spot in new global unicorns

Health care subsidiary of JD.com, ranked as most valuable among 22 new unicorns from China last year, claims to be profitable in a sector that has proven tough for most players

Health care subsidiary of JD.com, ranked as most valuable among 22 new unicorns from China last year, claims to be profitable in a sector that has proven tough for most players

2 Jan 2020 - 6:00AM
JD Health’s US$7b valuation vaults it to second spot in new global unicorns
China’s tech start-ups rein in spending as investors focus on profits

2019 was a tough year for Chinese start-up entrepreneurs, with once free-flowing venture capital drying up and cash burning business models out of favour with investors

2019 was a tough year for Chinese start-up entrepreneurs, with once free-flowing venture capital drying up and cash burning business models out of favour with investors

25 Dec 2019 - 9:30AM
China’s tech start-ups rein in spending as investors focus on profits
China’s Tencent endures ‘cold winter’ in 2019 with fewer investments

Chinese internet giant Tencent Holdings, one of the most active investors in the tech world, has slowed down its investment pace with 108 deals this year compared to 162 in 2018.

Chinese internet giant Tencent Holdings, one of the most active investors in the tech world, has slowed down its investment pace with 108 deals this year compared to 162 in 2018.

23 Dec 2019 - 6:23AM
China’s Tencent endures ‘cold winter’ in 2019 with fewer investments
Maths whizz returns to his roots to help Chinese farmers adopt AI

Former Alibaba Cloud vice-president and IBM researcher is applying mathematics and AI to solve problems faced by old school Chinese industries like agriculture, manufacturing

17 Dec 2019 - 6:45AM03571EC5-13F4-4283-B996-99444BE88411
Tencent to invest US$2bn in video app Kuaishou in battle with ByteDance

Chinese social media giant Tencent reported to be investing US$2 billion in short-video app Kuaishou as competition heats up with TikTok operator ByteDance

Chinese social media giant Tencent reported to be investing US$2 billion in short-video app Kuaishou as competition heats up with TikTok operator ByteDance

12 Dec 2019 - 10:17PM
Tencent to invest US$2bn in video app Kuaishou in battle with ByteDance
Asian fintech funding could fall to lowest in four years, says report

Fundraising spiked in China in third quarter, but has been declining for much of the year, according to report from CB Insights

Fundraising spiked in China in third quarter, but has been declining for much of the year, according to report from CB Insights

20 Nov 2019 - 11:12PM03571EC5-13F4-4283-B996-99444BE88411
Asian fintech funding could fall to lowest in four years, says report
Philip Morris aims to develop inhalation technology for medical field

PM Equity Partner, the investing arm of Marlboro maker Philip Morris, is seeking to invest in inhalation technology for potential applications in the medical field.

PM Equity Partner, the investing arm of Marlboro maker Philip Morris, is seeking to invest in inhalation technology for potential applications in the medical field.

13 Nov 2019 - 9:29AM
Philip Morris aims to develop inhalation technology for medical field
This university helped groom some of Singapore’s biggest start-up founders

The programme is just one part of a broad and ongoing effort in Singapore to foster innovation in a country whose only resource is its people

The programme is just one part of a broad and ongoing effort in Singapore to foster innovation in a country whose only resource is its people

30 Oct 2019 - 8:02AM
This university helped groom some of Singapore’s biggest start-up founders
China surpasses US as home to the world’s largest number of unicorns

Alipay operator Ant Financial Services, TikTok owner ByteDance and ride-hailing giant Didi Chuxing topped the rankings of the inaugural Hurun Global Unicorn List, with a combined valuation of US$280 billion.

Alipay operator Ant Financial Services, TikTok owner ByteDance and ride-hailing giant Didi Chuxing topped the rankings of the inaugural Hurun Global Unicorn List, with a combined valuation of US$280 billion.

28 Oct 2019 - 1:36PM
China surpasses US as home to the world’s largest number of unicorns
Over third of women entrepreneurs face bias raising capital, HSBC says

Women in mainland China and Hong Kong have invested more of their own money than their counterparts globally to start a new business, with women investing US$142,841 globally on average

Women in mainland China and Hong Kong have invested more of their own money than their counterparts globally to start a new business, with women investing US$142,841 globally on average

6 Oct 2019 - 10:31PM
Over third of women entrepreneurs face bias raising capital, HSBC says
This start-up is teaching self-driving cars about human behaviour

While driverless cars have made great progress in avoiding accidents by using sensors and cameras they are still a long way from accurately anticipating unpredictable humans

While driverless cars have made great progress in avoiding accidents by using sensors and cameras they are still a long way from accurately anticipating unpredictable humans

6 Oct 2019 - 10:00AM
This start-up is teaching self-driving cars about human behaviour
Top tech investor GGV bets India corner shops can fight Amazon

As much as 20 per cent of the US$1.9 billion fund raised by the venture capital firm last year will be allocated to India as well as Southeast Asia.

As much as 20 per cent of the US$1.9 billion fund raised by the venture capital firm last year will be allocated to India as well as Southeast Asia.

1 Oct 2019 - 7:56AM
Top tech investor GGV bets India corner shops can fight Amazon
Women-led unicorns no longer a myth, but venture capital must catch up

Less than 25 of the 239 venture capital-backed companies globally have a woman founder, but that could change as several skincare and beauty products companies founded by women become unicorns in the near future.

Less than 25 of the 239 venture capital-backed companies globally have a woman founder, but that could change as several skincare and beauty products companies founded by women become unicorns in the near future.

28 Sep 2019 - 1:26PM
Women-led unicorns no longer a myth, but venture capital must catch up
This Chinese entrepreneur wants everyone to be like Iron Man

Start-up is producing exoskeletons designed to give logistics workers extra strength to lift heavy objects, but the bigger potential market may be for physical rehabilitation.

Start-up is producing exoskeletons designed to give logistics workers extra strength to lift heavy objects, but the bigger potential market may be for physical rehabilitation.

20 Sep 2019 - 5:56AM
This Chinese entrepreneur wants everyone to be like Iron Man
Chinese investors target non-tech industries amid shift to service economy

China is determined to use the industrial internet to upgrade its industries at a time when its biggest competitive advantage – a huge consumer base – is eroding.

China is determined to use the industrial internet to upgrade its industries at a time when its biggest competitive advantage – a huge consumer base – is eroding.

19 Sep 2019 - 7:27AM
Chinese investors target non-tech industries amid shift to service economy
GalaxySpace says value exceeds US$708 million after new funding round

GalaxySpace said it will use the fresh funds to commercialise its technologies, while also focusing on research and development of broadband satellites.

GalaxySpace said it will use the fresh funds to commercialise its technologies, while also focusing on research and development of broadband satellites.

17 Sep 2019 - 8:49PM
GalaxySpace says value exceeds US$708 million after new funding round
Investors unfazed by protests, eye start-ups’ long-term potential

Hong Kong-based AngelHuband WHub raise US$3 million in funding from TNG Fintech Group and Kharis Capital.

Hong Kong-based AngelHuband WHub raise US$3 million in funding from TNG Fintech Group and Kharis Capital.

16 Sep 2019 - 9:09AM
Investors unfazed by protests, eye start-ups’ long-term potential
Investors pour funds into China online education start-ups

China’s competitive exam-based school system is creating huge demand for tutoring and start-ups like Hexiaoxiang and Huowa are among those sprouting up to cater to this need.

China’s competitive exam-based school system is creating huge demand for tutoring and start-ups like Hexiaoxiang and Huowa are among those sprouting up to cater to this need.

29 Aug 2019 - 11:06AM
Investors pour funds into China online education start-ups