China VC Tracker: China Venture Deals Drop In January With $11.42B Invested

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The Chinese venture market dropped amid the coronavirus resurgence. A total of 264 deals were announced in January, with total deal value of US$11.42 billion. That compares to 336 deals with combined deal value of US$12.75 billion in December, 2020. However, a year ago, only 123 financing deals worth about US$2.75 billion were recorded in January 2020.

China Money Network

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