You are here

China brings investment, and confusion, to US startup scene

Investors see the Silicon Valley-China relationship, while full of opportunity, as rife with cultural misunderstandings

BT_20160808_CPALI8HR2O_2426033.jpg
At the heart of the bitter, under-the-radar dispute between Alibaba and Quixey is a culture clash - one that is emblematic of both the promises and perils involved in Silicon Valley's relationship with China.

San Francisco

MOUNTAIN View, California, start-up Quixey was the envy of many in Silicon Valley when the company announced a multi-million-dollar investment from one of China's largest and most powerful technology companies, Alibaba.

The US$110 million deal - parcelled out over two

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom