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Venture Capital

Chinese Investors Bet On Latin America For Next Tech Gold Rush

by bloomberg.com posted 9months ago 228 views
<p>Fueled by deep-pocketed mainland venture capitalists and success at home, these investors are exporting a formula honed in China of pursuing rapid expansion over profitability. Chinese venture capital investment in Latin America jumped to $1 billion since the start of 2017, compared with about $30 million in 2015, according to data collected by Preqin.</p>