You are here

PREMIUM

China mixes up crowdfunding and groupthink

BT_20150618_SYBVCROWD18_1726440.jpg
Alibaba affiliate Ant Financial is about to launch a crowdfunding platform.

Beijing

CHINA has taken crowdfunding and blended it liberally with groupthink. The country's Web users now have the chance to invest in startup businesses from dog groomers to portable underwear-washing machines. In some cases, innovative companies will thrive. In others, investors will...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes