DealStreetAsia Research & Analytics team’s latest report sums up PE-VC dealmaking and IPO activity in the Greater China region in 2020.
While fundraising was muted in the initial months, overall activity in 2020 rebounded towards the middle of the year as the COVID-19 impact receded. Startups collected $56.2 billion across 1,193 PE-VC deals in 2020.
The same story unfolded in the public markets. Listing activities of mainland companies were subdued in the first quarter, but thanks to a rebound in sentiment there were 538 listings last year, up from 332 in 2019.