South China Morning Post:

Dealogic: foreign capital in China's VC industry fell 60% YoY to $3.7B in 2023, just 10% of the 2021 peak, leading to an expansion of state-backed funds  —  - International investors in China's most successful unicorns, including TikTok owner ByteDance and fashion giant Shein, are still waiting to cash out

South China Morning Post:

Dealogic: foreign capital in China's VC industry fell 60% YoY to $3.7B in 2023, just 10% of the 2021 peak, leading to an expansion of state-backed funds  —  - International investors in China's most successful unicorns, including TikTok owner ByteDance and fashion giant Shein, are still waiting to cash out

Source: TechMeme
Source Link: http://www.techmeme.com/240717/p9#a240717p9