Asia's VC market swells to $334b in 2018; China overtakes US in deal value

Asia's VC market swells to $334b in 2018; China overtakes US in deal value

Commercial buildings in the central business district are illuminated at dusk in Singapore. Photographer: Brent Lewin/Bloomberg

Asia’s venture capital market has grown exponentially in size last year, hitting $334 billion in assets under management (AUM) from just $75 billion five years ago, further propelling the growth of the global VC industry.

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