Saturday, 2024 July 20

Voices | Jack Ma: The investment spree is over

At the World Conference on VR Industry on 19 October, Jack Ma pointed out that the Chinese startup investment spree is fading and this is good news. “In Alibaba’s early days, US$ 5 million funding was enormous. Recently, US$ 100 million is very common. Now the investment spree is over, let’s see who’s truly capable.”


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