It’s been a big story of late. As of mid-June, 14 U.S.-traded China-based companies had received buyout offers valued at a collective $22.4 billion, according to Dealogic. The highest profile of the bunch is Internet services provider Qihoo 360, which, several weeks ago, announced it had received a buyout offer led by its chairman and […]
China
Ben Thompson on What Xiaomi Gets Just Right
Ben Thompson, a Taipei, Taiwan-based writer with a sharp understanding of consumer tech, has attracted a loyal and growing base of readers to his one-man media company, Stratechery. Thompson has also become something of a thought leader in Silicon Valley over the last year, largely because of the perspective he enjoys from his perch halfway […]
StrictlyVC: January 22, 2015
Hi, happy Thursday, everyone! (Web visitors, click here for an easy-to-read version of this email newsletter.) —– Top News in the A.M. Amazon is reportedly in talks to buy the stealth-mode Israeli startupAnnapurna Labs in order to give its data centers a boost. Sources quoted in the Israeli media place the value of the deal at […]
China’s Economy Has Hit the Skids; Why Haven’t Internet Investors Noticed?
China’s economic growth has slowed to a quarter-century low of 7.4 percent. You wouldn’t know it, though, looking at the gigantic rounds that China-based Internet companies are raising. Just this week, Apus Group, a six-month-old, Beijing-based Android app development firm, raised a whopping $100 million; Beibei.com, a nine-month-old, mother and baby-focused e-commerce site in Hangzhou, […]
Will Alibaba Draw VCs Back to China?
Although the American financial press seems preoccupied with Twitter’s impending IPO, Alibaba’s IPO could be an even bigger story. The China-based e-commerce juggernaut, which could go public as early as the first quarter of 2014, racked up revenues of $1.38 billion for the quarter ended in March, and analysts estimate that the company could be worth anywhere […]