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Biggest Tech Funding Rounds in 2020 Were Mostly in China

By
Juro Osawa
· · Source: The Information

Of the world’s top five venture-backed private tech companies based on how much money they raised in 2020, four were Chinese companies, research firm GlobalData said. The data shows how China’s late-stage startups raised billions of dollars from both international and domestic investors amid the country’s quick recovery from the coronavirus pandemic and a rally in the global stock market. ...

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