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Chinese tech majors could star in more S-E Asian unicorn deals

 Sharanya Pillai
Published Sun, Oct 3, 2021 · 09:50 PM

    Singapore

    BIG tech money from China surfaced in the minting of two South-east Asian unicorns last week.

    In Ninja Van's US$578 million fundraise, Alibaba invested a whopping US$200 million, valuing the last-mile logistics company at US$2.2 billion, according to data from VentureCap Insights.

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