China’s Joy Capital Closes Over $700M New Fund For TMT And Consumption Fields

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Joy Capital, a venture capital firm that has backed Chinese Starbucks challenger Luckin Coffee, announced on Monday the final closing of an early-to-growth-stage fund at over US$700 million, reloading its ammunition to back start-ups in the fields of technology, media, telecommunications (TMT) and innovative consumption.

China Money Network

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