China unicorns’ valuations slide as virus-fearing investors seek early exits
Valuations of
Chinese unicorns have fallen below levels reached in the firms’
most-recent fundraising rounds, secondary market offerings by
existing investors show, highlighting the strain on backers amid
the coronavirus outbreak and volatile markets.
Chinese unicorns have fallen below levels reached in the firms’
most-recent fundraising rounds, secondary market offerings by
existing investors show, highlighting the strain on backers amid
the coronavirus outbreak and volatile markets.
Posted by Reuters