IDG Capital to deploy more resources in firms, eyes tech assets

IDG Capital to deploy more resources in firms, eyes tech assets

Hugo Shong, IDG Capital Chairman, attends an event in Beijing, China, December 1, 2013. Picture taken December 1, 2013. REUTERS/Stringer

IDG Capital, a private equity and venture capital firm, will deploy greater resources and time in companies as they grow, in contrast to some quick exits in the past, Global Chairman Hugo Shong told Reuters in an interview.

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