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S O

Shai Oster

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Articles

Indonesian VC Firm Alpha JWC Raises $433 Million Fund for Southeast Asian Startups

The largest-ever VC fund in the region for early stage companies counts the World Bank’s International Finance Corporation and Morgan Stanley Alternative Investment Partners among its backers.

Sequoia China’s Neil Shen Sells Shares in Meituan and Pinduoduo

The Financial Times said the billionaire venture capitalist sold as much as $215 million worth of shares in Pinduoduo, Meituan and Dada Nexus.

Reuters: Jack Ma Wrote Letter To China’s President Offering to Devote His Life to Rural Education

It's unclear when the billionaire Alibaba founder wrote the letter or what President Xi Jinping’s reaction to it was, according to Reuters.

Google Opens up to Third-Party Payments in S. Korea

Google will allow third-party payments for apps on its Android Google Play app store to comply with South Korea’s “anti-Google” law.

Fortnite Says ‘Game Over’ in China

The game failed to get a license despite operating in China for three years in testing mode, meaning it couldn’t charge players for any in-game purchases.
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Forum Posts
US-China decoupling
Posted byShai Oster
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this deep dive into signs of US-China decoupling is fascinating. I'd argue that there is really no other example of two tech ecosystems as symbiotic and the US and China -- the flow of capital to China and talent (and stock market returns) to the US has benefited both sides. I was skeptical that the forces for decoupling could work but I am shifting my view.
#china#decoupling
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Optimism
Posted byShai Oster
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Some investors in ByteDance see signs of hope in recent reports that China might be letting up on its tech crackdown. Are they over optimistic?
#bytedance
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