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Bubble may be looming in mobile startup market

Companies that would have received US$8m to US$10m in investments a few years ago are now getting as much as US$50m
Wednesday, September 9, 2015 - 05:50


THE number of mobile Internet startups with valuations crossing US$1 billion has jumped by a third in just eight months and that's spelling trouble for some venture capitalists looking to cash in on their investments.

Already, there are signs of worsening returns. The