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A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups across the region that are targeting underserved markets or applying new technologies.
Chinese medical device companies are gearing up capacity for novel coronavirus-related medical supplies like oxygenators, pulse oximeters and ventilators amid surging demand after the country optimized COVID-19 prevention and control measures.
Demand in China for medical supplies like oxygenators and pulse oximeters, which measure the oxygen concentration in arterial blood, has grown exponentially in recent weeks.
“If a company prefers to be a big fish in a little pond versus a small fish in a large one, then the Swiss Exchange will be more enticing," Jos Dijsselhof, CEO of the Swiss bourse, said.
The deal will make Tencent the second-largest shareholder in the emergency medical aid firm