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Sequoia Capital plans to split off China business

United States venture capital giant Sequoia Capital announced plans on Tuesday to split off its Chinese as well as Indian and Southeast Asian businesses into two independent firms amid economic and geopolitical challenges. ....

United States , Neil Shen , Shailendra Singh , Roelof Botha , Sequoia Capital , Alibaba Group Holding , China Daily , Southeast Asian , Southeast Asia ,

BBCNEWS Asia Business Report June 4, 2024 01:39:00

A lot of the acceleration in the digital world has also happened during the covid years, which also saw an increasing shift from off line to online. the report also recognised the massive market in india, putting the total number of internet users to 700 million, which included 350 million digital payment users, and 220 million online shoppers. over the last few years, india has seen a huge rise in the number of start ups. in fact, based on this report, india ranks third in the world in terms of the sheer number of unicorns. along with this, india s small, medium as well as big businesses, who have also recognised the potential of the internet economy, have been looking to increase their digital footprints to remain competitive in the online market. let s update you with other business news making headlines, because sequoia is planning to split off its global business into three independent entities for the us and europe and china and southeast asia. the us venture capital giant is try ....

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PALO ALTO, U.S. The decision by U.S. venture capital giant Sequoia Capital to split off its China division reflects the growing impact of tens ....

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