You are here

China's startup sector faces a venture capital shakeout

Monday, December 21, 2015 - 05:50

Hong Kong

KUNGFU Bear had its day.

Wang Run founded the startup in Beijing just over a year ago to let people order inexpensive massages through a smartphone app. As venture capital (VC) money flooded into China, the company raised cash to draw customers and acquire rivals. Its

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom