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China VC deals plunge, on track for worst pace in more than seven years

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cnbc.com/2023/09/18/china-vc-deals-plunge-on-track-for-worst-pace-in-more-than-seven-years.html

Chinese ride-hailing giant Didi delisted from the New York Stock Exchange just months after its June 2021 IPO after a now-resolved regulatory probe that had forced Didi to suspend new user registrations.
BEIJING — Slowing growth and geopolitical tensions are stifling the Chinese startup world that once spawned unicorns such as ByteDance and Didi, according to a PitchBook…

This story from cnbc.com was posted on 2023-09-18 by @petalfl.

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