News Formal

Another top Silicon Valley investor is splitting off its China business as pressure mounts

  • 📰 CNN
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 95%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

GGV Capital, a prominent Silicon Valley venture capital firm, has become the latest big investor to break up its US and China operations into separate companies as tensions between the two countries over tech and geopolitics continue to rise.

The firm announced Thursday that it would divide its business into two “completely independent” firms with separate new brands, which have not been revealed. According to the company, one side will concentrate on North America, Latin America, Europe, Israel and cross-border US-India deals, led by teams in California and New York by managing partners Glenn Solomon, Hans Tung, Jeff Richards and Oren Yunger.

The executive order will exacerbate a slump in deals between the United States and China, and deliver a “major blow” to Chinese startups, analysts and investors previously told CNN. Asked whether the US order or wider geopolitical tensions had factored into its decision, GGV Capital declined to comment. The firm has recently come under greater scrutiny from US lawmakers.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 4. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Ahwatukee man gifted two wheelchairs from Valley business after original is stolenLast week, ABC15 introduced you to Steven Bendowski. His custom $7,000 wheelchair was stolen outside his Ahwatukee home.
ソース: abc15 - 🏆 263. / 63 続きを読む »