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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 Angus Mcneice In London(chinadaily.com.cn)2017-10-18 00:24

    The creation of billion-dollar startups, which are also known as "unicorns", is shifting from being mainly associated with the United States toward a Chinese and European phenomenon, according to a new research.A unicorn is defined as a startup company valued at $1 billion or more and there are curr...

  • By Tan Xinyu(chinadaily.com.cn)2017-10-16 16:54

    [Photo/VCG]PPDAI Group, a Chinese peer-to-peer lending platform, applied for an initial public offering on the New York Stock Exchange under the symbol "PPDF" to raise up to $350 million, according to a prospectus filed with the US Securities and Exchange Commission and released on Friday local time...

  • By Fan Feifei(China Daily)2017-10-05 07:44

    Chinese co-working space startup UrWork is working with Ant Financial Services Group, the financial affiliate of Alibaba Group Holding Ltd, to adopt staff-less services solutions in its shared offices. In increasing numbers of UrWork offices, face recognition and digital payment technologies have re...

  • By Wang Zhuoqiong(China Daily)2017-09-08 09:50

    Clothing-sharing e-commerce firm Ycloset, also known as Yi23.net, this week raised $50 million in third round funding from Alibaba Group Holding Ltd, SB China Capital and Sequoia Capital. Founded less than two years ago, the Beijing-based firm rents clothes to customers with no additional charge for...

  • By Zhu Wenqian And Wang Zhuoqiong(China Daily)2017-08-25 09:36

    VIPKID, online English-teaching startup, raises $200 million in D financing round For evidence that investors are bullish on the growth potential of the online education sector in China, look no further than the large-scale financing netted by VIPKID, an online children's English education startup. ...

  • (China Daily)2017-08-24 07:14

    Govt and policies Consumers aware of sustainability More than 70 percent of Chinese consumers understand sustainable consumption, according to a report released by the China Chain Store and Franchise Association. Sustainable consumption means buying products or services that have the least pollutant...

  • By Zhu Wenqian(chinadaily.com.cn)2017-08-23 17:18

    Yang Zixuan, 8, a student at Beijing No 2 Experimental Primary School learns English through VIPkid online courses. [Photo provided to China Daily] Online children English education startup VIPKID announced on Wednesday that it has finished the D round of financing and received an investment totalin...

  • By Fan Feifei(China Daily)2017-08-23 07:58

    Chinese co-working space startup UR Work is introducing an immersive, cashier-free and digitally-enhanced experience in its offices, where face recognition and digital payment technologies allow for the removal of the human element.The high-tech workspace is funded through a partnership with Ant Fin...

  • 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...

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