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Tired of spending hours at her Beijing bank discussing her finances and a myriad of investment options with her account manager, Lauren Ma turned to phone-app Lingji.
Uber Technologies Inc said it has received almost US$2bil (RM8.80bil) in funding from Chinese investors, some as part of a recent fundraising round that valued the US firm's Chinese unit at US$7bil (RM30.85bil).
Regulators ordered Australia's Bitcoin Group Ltd to stop making public statements about its plans to undertake the world's first initial public offering of a virtual currency exchange after the company approached potential Chinese investors via social media.
For some Chinese investors, the first step to purchasing millions of dollars in property on the other side of the globe is a lot like ordering a new T-shirt online — search and click.
OmniVision Technologies, a maker of digital imaging chips for smartphones and other devices, said Thursday it received a buyout offer from a group of Chinese investors for some US$1.6bil (RM5.05bil).
New Trump administration policies aimed at curbing China's access to American innovation have all but halted Chinese investment in US technology startups, as both investors and startup founders abandon deals amid scrutiny from Washington.
In recent years, Silicon Valley startups have increasingly attracted foreign investment, much of it from China. The jolt of capital has made it easier for young companies to raise money and for US investors to sell their stakes. That influx of foreign money is now under threat.