VIPStore Receives New Round of Investment Led by Intel Capital
China was a fast growing economy for the past twenty-five years and
suspected to be a major player in and after the current financial crisis
Today, China has more than 300 million internet users and more than 600 million mobile users.
E-Commerce B2C will rise significantly: from 248 bn RMB in 2008 to 590 bn RMB in 2011(E)
with a growth rate of ~65 % p.a.
“Hidden champions” from China – now as opportunities with reasonable valuations but high exit potential
Funding gap is widening significantly while majority of VCs are moving to late stage investments
Business Angel market is just evolving and will reach similar standards as in the US and
Europe in 2-3 years (in China it is currently easier to raise 20 million USD than 200.000 USD)
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