Venture Capital

Tencent Invests In Chinese Big Data Startup At $200M Valuation Amid Digitization Boom

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Chinese tech giant Tencent and leading venture capital firm Sequoia China led a $25 million funding round in WakeData, a big data startup based in the southern coastal city of Zhuhai offering digital serivces for enterprises, underscoring the demand to digitize businesses in the Covid-19 era.

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