State of Venture Q1’23 Report: Asia
Asia venture activity continues to slide in Q1'23, with funding and deals both seeing double-digit declines.
Asia venture activity continues to slide in Q1'23, with funding and deals both seeing double-digit declines.
In this Market Map, we look at Asia-Pacific-based startups shaping the future of the global insurance industry — from digital-first providers to embedded technology platforms.
Sequoia Capital announced in February 2022 its first crypto-focused fund. We dive into the blockchain and crypto investments Sequoia Capital and its sister funds, Sequoia Capital China and Sequoia Capital India, have made prior to the announcement along with some of its recent bets.
The pandemic has boosted the adoption of livestreaming among brands and retailers looking to engage more directly with customers. But the addition of shopping features is now transforming livestreaming into a growth engine for e-commerce.
Ant Group, formerly known as Ant Financial and parent company to mobile wallet Alipay, is going public in what is expected to be the largest IPO in history. We analyze the factors contributing to its success and highlight obstacles it faces as it looks to expand.
Several Chinese companies are seeing an uptick in adoption of their telehealth solutions and health education platforms.
ByteDance, the China-based unicorn behind the video-sharing app TikTok, was recently valued at up to $140B. Now, the company is leveraging its recommendation algorithms to expand its portfolio in a bid to join the ranks of Big Tech.
News Analysis
NIO's all-time high for deliveries could indicate a revival of the broader Chinese EV market.
We take a look at Q1’20 funding trends, areas of focus, and valuation data for China-based AI startups.
Funding to China-based fintech startups fell 41% from Q4'19 into the first quarter of the year as Covid-19 impacted investor appetite.
Our graphic shows every billion-dollar acquisition made by Baidu, Alibaba, and Tencent, from Alibaba’s acquisition of logistics giant Cainiao to Tencent's bet on gaming company Supercell.
Funding to China-based healthcare startups plummeted in the first quarter of the year, as investor activity dried up amid the Covid-19 pandemic.
Startups To Watch
In the first quarter of 2020, investors in China retreated from deal activity as Covid-19 caused an unprecedented public health crisis.
Business Model Analysis
Perfect Diary is a digital-first, China-based beauty disruptor that reached unicorn status in just 3 years. We analyze the company's funding, business model, customer acquisition strategy, market size, and competitors.
From assisting in chronic disease management to gamifying aesthetic medicine, we identify how Tencent-owned super app WeChat is becoming a vital component of healthcare in China.
China-based digital health funding set a new record last year. We look at the 6 cities playing host to the most digital health companies in the country.
China is the second most active market for digital health funding. A decade into the country's healthcare reformation, we highlight the top equity funding trends in the region.
Our timeline visualizes the 15 China-based fintech companies that have had exits valued at $1B or more, from the record-setting $4B acquisition of Du Xiaoman Financial to OneConnect's recent $3.7B IPO.
We look at the top investors, geographies, and focus areas represented by the 17 Asia-based startups featured in our 2019 Digital Health 150.
From launching products for rural consumers to making payment by virtual credit a part of everyday life, here's how Ant and Tencent are continuing to refine their fintech strategies.
Market Map
From drug discovery to insurance to fitness, we map out the healthcare startups in Baidu, Alibaba, Tencent, and Ping An's portfolios.
We look at (1) Tencent’s key financial products, (2) the ways in which Tencent poses a threat to incumbents, and (3) where incumbents can build, buy, and partner to compete.
Are companies more concerned about Brexit or US-China trade tariffs? Here’s what the data says.
We look at (1) Ant Financial's key financial products, (2) the ways in which Ant poses a threat to incumbents, and (3) where incumbents can build, buy, and partner to compete.
News Analysis
Armani Beauty is bringing a virtual makeup application to consumers in China through WeChat. We take a look at how AR/VR, mobile apps, and e-commerce are changing the face of the beauty industry.