CHINA TOPIX

11/04/2024 01:29:46 pm

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Breyer

Stock market

China’s IDG Capital and Breyer Capital Raise $1 Billion Fund

Prominent investor Jim Breyer along with Chinese firm IDG Capital Partners have raised what many consider to be the largest venture capital fund in China. This new venture was formed despite concerns that the Chinese tech market is already overcrowded, and it would be a struggle for late-stage startups to get a traction.

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