Venture capital investments on Chinese mainland dropped more than 30 percent in the first quarter compared with the same period last year, data from ITjuzi showed. From January through March, a total of 634 companies raised $16.8 billion in funding compared with 1,143 companies raising $24.5 billion in the first quarter of last year.
“They also need to ask themselves if they can survive and withstand a few poor quarters if the economy goes into a recession,” Yeung added. Although the pandemic poses great challenges to startups and private markets, Race Capital, which focuses on seed to series A companies, remains bullish — particularly about areas such as fintech, enterprise software, and software as a service.
She said Hong Kong’s startup ecosystem had been improving, but still lacked interaction with neighboring countries.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Higit P2 milyong halaga ng shabu nakumpiska sa Makati; 3 suspek timbog
Source: ABSCBNNews - 🏆 5. / 83 Read more »
P1.3 billion worth of fake cigarettes, machines seized in Isabela
Source: ABSCBNNews - 🏆 5. / 83 Read more »
BOC, PDEA seize P3.4-M worth of shabu at airport before lockdownThe Bureau of Customs (BOC) and several other government agencies seized more or less 500 grams of of a substance suspected to be shabu (crystal methamphetamine) at the airport facility on Domestic Road, Pasay City before quarantine was imposed.
Source: manilabulletin - 🏆 25. / 51 Read more »
Cebu City cops seize 15 loose guns in mountain brgysCebu City policemen have confiscated 15 loose firearms in a week's time of patrolling the hinterland barangays of Cebu City.
Source: cebudailynews - 🏆 8. / 71 Read more »
Glaiza de Castro recommends 5 fun activities couples can do during quarantineTake the period of quarantine as an opportunity to bond with your loved ones. Find out Glaiza de Castro's recommended activities for couples here!
Source: gmanetwork - 🏆 12. / 63 Read more »
BOC seizes P1.3-B fake cigarettes, raw tobacco materials, machinesMANILA, Philippines — Fake cigarettes, raw tobacco materials and cigarette packing machines amounting to around P1.3 billion were intercepted by authorities, the Bureau of Customs (BOC) reported NAMercadoINQ Kapag sinabi bang 1.3 ibig bang sabihin nun 3 talaga yun?
Source: inquirerdotnet - 🏆 3. / 86 Read more »