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Exclusive: Sequoia China to raise $6 billion in new fund with state-owned partner - sources

Exclusive: Sequoia China to raise $6 billion in new fund with state-owned partner - sources

Postby smix » Wed Aug 15, 2018 12:43 am

Exclusive: Sequoia China to raise $6 billion in new fund with state-owned partner - sources
Reuters

URL: https://www.reuters.com/article/us-star ... SKBN1KZ0FQ
Category: technologyNews
Published: Tue, 14 Aug 2018 02:30:12 -0400

Description: Sequoia Capital China is teaming up with a state-owned venture capital (VC) fund and e-commerce powerhouse JD.com to raise up to 40 billion yuan ($5.81 billion) for a new investment firm to focus on late-stage tech investments, sources said.
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