Tang Binsen is not only the founder of Chinese beverage brand Genki Forest – he is also an avid investor. Challengers Venture, founded by Tang, has become one of the fastest rising upstarts in the venture capital community.
Officials at the People’s Bank of China (PBOC) announced new measures late Monday night aimed at curtailing growth in the yuan’s value, which has recently surged to its highest level against the dollar in three years.
Chinese tech media 36Kr reported that online recruitment app BOSS Zhipin has recently completed a new round of financing, raising close to $100 million.
This year, Sinovation Ventures will turn nine years old. At a recent press conference, I shared several stories of entrepreneurship over the past nine years. During this time, the world has changed dramatically. The venture capital (VC) industry has become increasingly competitive and the rules of the industry have also changed.