GGV Capital, a U.S. venture capital firm, plans to split its business into two entities, one focusing on Asia and the other on the U.S., amid increasing political pressure on American companies to limit investments in Chinese technology. The move follows a similar decision by Sequoia Capital in June. GGV Capital's Singapore arm, which will solely invest in China, is expected to complete the separation by the first quarter of 2022.
from Tech-Economic Times https://ift.tt/dHoJptw
Subscribe to:
Post Comments (Atom)
-
The Umbrella Academy season 2 is releasing on July 31. Ellen Page, Tom Hopper, David Castañeda, Emmy Raver-Lampman, Robert Sheehan, Aidan Ga...
-
Web Summit Chief Executive and founder Paddy Cosgrave resigned on Saturday after comments he made on the Israel-Hamas conflict prompted some...
-
Xiaomi, which competes with players like Samsung, vivo and Oppo in the Indian smartphone market launched its latest device Redmi Note 7 Pro,...
No comments:
Post a Comment