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China outperformed North America by attracting capital in the second quarter, with Chinese start-ups accounting for 47% of venture capital funds worldwide, a form of corporate finance or investment funds for small Chinese start-ups. This is the first time that China outperforms North America in fundraising thanks to a record $ 14 billion fundraising by Al Alibaba Al Group Financial Services Alibaba Group.
Chinese start-ups accounted for 47% of the VC global venture capital fund between June and June, compared with 35% for the US and Canada, according to a report from the Crunchbase platform, Fundraising Data [19659002] The increase in all Chinese funds in the second quarter is attributed to Ant, which raised about $ 14 billion last month, with investors such as Singapore's GIC Private Limited, Temasek Holdings, the US Warburg companies Pincus and Silver Lake. Partners and the CPP Investment Board of Canada to raise funds.
Emerging companies in China increased slightly compared with the first quarter, with the exception of the financial firm Ant, which had acquired 36% of total global venture capital funding, according to the Crunchbase platform. Ant's valuation to more than 150 billion, the equivalent of twice the valuation of the pbadenger service company Ober Uber.
China has experienced strong growth in recent years, with the government pledging to do more to put in place an innovation-based development strategy to make the country more competitive. A pioneer of innovation, in line with the speech of President Xi Jinping at the Nineteenth Congress of the Communist Party, where he spoke in his speech on the Internet and mbadive data and artificial intelligence.
Investment companies have injected billions into areas such as artificial intelligence and Qin block, pushed by the prospect of supporting giants like Alibaba, Tencent or Baidu, while the founders of startups hoping to become billionaires like Jack Ma, Pany Ma is the founder of Tencent, whose sectors of personal consumption, health, health, information and technology accounted for most of the sectors that attracted the most funding in May.
Global investment-backed investment agreements reached a record $ 182 billion in 2017, with value up 28% from 2016. The United States dominated the rating, garnering 42%, or more than 76.4 billion dollars, while China ranked second, attracting 36% of the total value of transactions, for an amount of 65 billion dollars. According to a report on global technology centers released by market research firm CB Insights, Silicon Valley remains world leader in startups, but Chinese cities in Beijing and Shanghai are trying to challenge US dominance in the field of startups. technologies. The report shows that Silicon Valley is still dominant with significant progress in terms of number of rounds of financing.
The data show how fast Beijing is heading against Silicon Valley, long recognized as an economic center for technological innovation. Silicon Valley's technology companies have made a total of 12,000 deals since 2012, Based in New York with 5,000 deals.
Silicon Valley companies managed to generate a total of $ 140 billion, compared with $ 75 billion in Beijing, but things could change as Beijing and Shanghai prepare to move to future technology centers . Big and big, because the creation of startups accelerates.
Beijing and, to a lesser extent, Shanghai, in Silicon Valley, have the potential to encroach on large companies in the region, with accumulated returns that help generate new capital. , Including JD.com, whose IPO was valued at $ 26 billion, while Shanghai had 20 companies valued at more than $ 100 million.
Beijing and other Asian technology centers are benefiting from Softbank's huge financial capabilities, with a Japanese technology group holding more than 65 companies in Asian centers.
Silicon Valley is currently surmounted by 57 private start-ups worth more than $ 1 billion, Beijing has 29 companies and 11 companies for Shanghai, but in the first quarter of 2018, Shanghai and Beijing 3 new companies of this kind, the same as Silicon Valley No .. China is firmly committed to becoming a global leader in many areas such as artificial intelligence and autonomous vehicles, while Huawei and China Mobile is show more and more aggressive in foreign markets. Because he believes that Chinese products pose potential security threats because of the relationship between these companies and the Chinese government.
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