It's a good time to be a Chinese internet giant.
China's biggest internet companies stand to reap major rewards from investments in other Chinese tech companies, according to data released by CB Insights.
Almost half of China's "unicorns" — private companies valued at $1 billion or more — have taken investment from one of the reining giants: Alibaba (and its affiliate Ant Financial), Baidu, JD.com, and Tencent.
The chart below highlights the varied investments each Chinese internet giant has made. Tencent leads the pack with 15 investments in Chinese unicorns. Read more...
More about China, Unicorns, Venture Capital, and Businessvia Zero Tech Blog
