Lightspeed announces new $560 million fund for China

Global investor Speed ​​of light begins in 2019 with its largest fund for China, where it supported several new Internet challengers. The announced company this week, its fourth fund in China was closed with a total capital commitment of $ 560 million. The company had a massive 2018 year, with no less than five IPOs held in its portfolio, including two of China's emerging start-ups that defy the country's Internet establishment. Pinduoduo, e-commerce group threatening Alibaba's dominance. Based on these successes, it may not be surprising that Lightspeed has created a new record fund. TechCrunch previously reported that the new

The post Lightspeed announces new $560 million fund for China appeared first on viralamo.



http://bit.ly/2s7Wkki

Commentaires