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Sequoia Capital
Sequoia Capital
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Sequoia Capital was founded in 1972, with about 30 funds under management. Sequoia Capital has been the earliest institutional investor in a number of great companies including Apple, Cisco and PayPal. It’s estimated that 20 percent of the NASDAQ’s value is made up of firms that Sequoia Capital has invested in. Most of Sequoia Capital’s contributors are well-known educational, charitable organizations as well as leading institutional investors. Sequoia Capital in China now manages six dollar-denominated funds and three yuan-denominated funds since it was founded in September 2005.
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  • By Zhu Lingqing(chinadaily.com.cn)2017-08-22 06:48

    Artificial intelligence startups are mushrooming across China with most of them concentrated on robots, machine vision, intelligent finance and natural language processing, a report reveals. The report, released by Cyzone Research Center, ranked the top 50 AI innovation startups in China this year, ...

  • By Zhang Jie(chinadaily.com.cn)2017-08-18 14:01

    Two men chat beside a logo of Alibaba at its headquarters on the outskirts of Hangzhou, Zhejiang province. [Photo/Agencies]China's e-commerce giant Alibaba will invest $1.1 billion in Indonesia's largest online marketplace Tokopedia.Previously, the Jakarta-based e-commerce had completed seven rounds...

  • By Chang Jun In Atlanta(chinadaily.com.cn)2017-08-16 22:34

    Atlanta-based Novelis, a leading producer of rolled aluminum and aluminum recycling, pledged that it will continue its partnership with China and expand investment in China's automotive industry, especially the electric vehicle sector. "The driving force behind our business strategy in China is the ...

  • By Fan Feifei(China Daily)2017-08-16 08:50

    JD Finance, the finance unit of China's second biggest e-commerce player JD.com Inc, has been deconsolidated from JD as a result of the reorganization as of June 30, 2017, which is expected to pave the way for the former's eventual listing. Accordingly, JD Finance's historical financial results for ...

  • By Chang Jun In Atlanta, Georgia(China Daily)2017-08-12 10:01

    As China clamps down on pollution, companies such as aluminum producer Novelis Inc see a business opportunity."The driving force behind our strategy in China is the nation's increasingly strict policy against pollution," said Pierre Labat, vice-president of global automotive at the Atlanta, Georgia-...

  • By Ma Si(China Daily)2017-08-07 08:17

    Ex-auto journalist Hu Weiwei drives startup Mobike on its global ride Hu Weiwei, 35, founder of bicycle-sharing startup Mobike Technology Co Ltd and a former auto reporter, thinks entrepreneurs and journalists have a lot in common. Running one of the country's fastest-growing startups is not very di...

  • By Hao Yan(China Daily)2017-07-31 08:21

    Workers check new energy car batteries at the Shenzhen-based OptimumNano Energy Co. HE MAOFENG / FOR CHINA DAILYAfter years of rapid growth, Chinese power battery makers are looking at a saturated market within the next two years, despite a continuing shortage of high-end domestic products.There's b...

  • By Zheng Yiran(China Daily)2017-07-17 08:24

    The introduction of big data and artificial intelligence has helped resolve the perennial credibility problems of the used car market, providing more opportunities for the sector, analysts said last month. "There is huge growth potential in China's used car market," said Zhao Xiang, a transportation...

  • By Ouyang Shijia(China Daily)2017-07-07 09:06

    Chinese bike-sharing company Ofo Inc said on Thursday it has raised more than $700 million in a fresh round of financing to expand globally, as its faces rising competition from domestic rivals, chiefly Mobike Technology Co Ltd. The new series E round of financing was led by Chinese e-commerce giant...

  • (Xinhua)2017-06-22 14:07

    BEIJING - With leading bike-sharing companies gearing up for global expansion, China's innovation in on-demand transportation has surprised the world with a business model that stands out in the sharing economy. Mobike, one of China's largest dockless bike-sharing operators, will launch an initial 1...

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