Dealmaking in Greater China registered strong quarter-on-quarter growth in Q3, continuing the momentum observed in Q2, finds our latest report.
According to Greater China Deal Review: Q3 2020, Chinese startups bagged $14.3 billion in total across 354 deals in the third quarter, surging almost 51 per cent over the previous quarter. This momentum is expected to roll over to the next quarter, even with geopolitical uncertainties looming large over the region.
Exclusively available to DealStreetAsia – Research & Analytics subscribers, the report’s other highlights include:
- Chinese tier-one cities of Beijing, Shanghai, and Shenzhen remain the top three locations for startup fundraising and incubation
- IPO activity has been buoyant as 224 Greater China companies raised $52 billion cumulatively on different exchanges
- Deal-making activity for the rest of the year is expected to benefit from Greater China’s better-than-expected GDP growth rate.
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