[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Gunman Ambushes Border Patrol Agents In Texas Amid Anti-ICE Rhetoric From Democrats Texas Flood Why America Built A Forest From Canada To Texas Tucker Carlson Interviews President of Iran Mosoud Pezeshkian PROOF Netanyahu Wants US To Fight His Wars RAPID CRUSTAL MOVEMENT DETECTED- Are the Unusual Earthquakes TRIGGER for MORE (in Japan and Italy) ? Google Bets Big On Nuclear Fusion Iran sets a world record by deporting 300,000 illegal refugees in 14 days Brazilian Women Soccer Players (in Bikinis) Incredible Skills Watch: Mexico City Protest Against American Ex-Pat 'Invasion' Turns Viole Kazakhstan Just BETRAYED Russia - Takes gunpowder out of Putin’s Hands Why CNN & Fareed Zakaria are Wrong About Iran and Trump Something Is Going Deeply WRONG In Russia 329 Rivers in China Exceed Flood Warnings, With 75,000 Dams in Critical Condition Command Of Russian Army 'Undermined' After 16 Of Putin's Generals Killed At War, UK Says Rickards: Superintelligence Will Never Arrive Which Countries Invest In The US The Most? The History of Barbecue ‘Pathetic’: Joe Biden tells another ‘tall tale’ during rare public appearance Lawsuit Reveals CDC Has ZERO Evidence Proving Vaccines Don't Cause Autism Trumps DOJ Reportedly Quietly Looking Into Criminal Charges Against Election Officials Volcanic Risk and Phreatic (Groundwater) eruptions at Campi Flegrei in Italy Russia Upgrades AGS-17 Automatic Grenade Launcher! They told us the chickenpox vaccine was no big deal—just a routine jab to “protect” kids from a mild childhood illness Pentagon creates new military border zone in Arizona For over 200 years neurological damage from vaccines has been noted and documented The killing of cardiologist in Gaza must be Indonesia's wake-up call Marandi: Israel Prepares Proxies for Next War with Iran? "Hitler Survived WW2 And I Brought Proof" Norman Ohler STUNS Joe Rogan CIA Finally Admits a Pyschological Warfare Agent from the Agency “Came into Contact” with Lee Harvey Oswald before JFK’s Assassination

Business/Finance
See other Business/Finance Articles

Title: Chinese overseas acquisitions continue despite global decline in VC funding: report
Source: [None]
URL Source: http://news.xinhuanet.com/english/2016-10/14/c_135754921.htm
Published: Oct 16, 2016
Author: Editor: Mengjie
Post Date: 2016-10-16 07:33:14 by Tatarewicz
Keywords: None
Views: 52

BEIJING, Oct. 14 (Xinhua) -- Global venture capital (VC) investment declined in the third quarter of this year, but Chinese VC investors continued to actively look for overseas acquisitions, according to a recent report.

Global VC investment in Q3 declined 14 percent from the previous quarter, to 24.1 billion U.S. dollars, the lowest quarterly funding total since 2014 Q3, according to a quarterly global report on VC trends published jointly by KPMG International and CB Insights.

In China, 84 VC investment deals were recorded in Q3 totalling 3.9 billion U.S. dollars, compared to 79 deals worth a total of 5.7 billion U.S. dollars three months earlier.

Chinese VC investors are focusing on overseas markets, encouraged by government incentives. In particular, Chinese companies have recently acquired or invested in technology companies in Israel, Canada and the United Kingdom, according to Irene Chu, partner and head of the High Growth Technology and Innovation Group with KPMG China.

"Israel based companies have been especially keen to work with tech VC funds in China in order to promote their technologies to the Chinese market for their mutual benefit," Chu said.

Over the next few quarters, Asia based VC investment might remain focused on using technology to help individuals, improve services or product quality, the report estimated.

The healthcare sector is poised to be a big winner, both in terms of providing accessible health care and in terms of making processes such as booking appointments and writing prescriptions easier for doctors and patients, according to the report.

Investment in entertainment and media technology is also expected to grow heading into 2017.

"In Asia, the next wave of innovation will be about building globally competitive companies. To excel, companies need to understand how foreign businesses are run, including their different cultures and management styles," Chu said.

Post Comment   Private Reply   Ignore Thread  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]