Asia could overtake US as world’s venture capital powerhouse

A GrabBike motorcycle driver, left, and a Go-Jek motorcycle driver wait for orders in Jakarta, Indonesia, on Sunday, Aug. 13, 2017. Photographer: Dimas Ardian/Bloomberg

Asia could overtake North America as the global center for venture capital funding as early as next year, according to a study backed by a unit of Singapore state investment company Temasek.

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