5th Annual China Internet Report 2021 by Edith Yeung at Web Summit 2021. Download full report here > https://multimedia.scmp.com/infographics/china-internet-2021/
2. Edith Yeung
GENERAL PARTNER, Race Capital
@edithyeung
2
Edith is a General Partner at Race Capital - an early-
stage Silicon Valley venture capital fund. A few
sectors we are particularly interested in
infrastructure, fintech, and deep tech verticals. She
has invested 3x Decacorns (FTX, Solana, Stellar), 1
Unicorn (Agora.io) and 60 other amazing startups.
Prior to Race Capital, Edith was a partner at 500
Startups, the world's most active early-stage fund
and incubator invested in Twilio, Credit Karma, Grab,
and 2000 more companies. Before 500, Edith was
the general manager at Dolphin Browser, a Sequoia-
backed mobile browser with over 150 million installs
worldwide. Edith also worked with many Fortune 500
companies such as Siebel, AMS, AT&T Wireless, and
Autodesk.
She frequently speaks on China and Silicon Valley
technology and investment landscape. She is also a
frequent guest lecturer at Berkeley and Stanford and
commentator on BBC, CNBC, Wall Street
Journal, Bloomberg, SCMP, Techcrunch, etc.
3. China Internet Report 2021 - Top 10 Themes
1. China is Second Biggest Market in the World
2. Venture Investing in China is Going Strong.
3. Chinese Government is Increasingly Heavy Hand on all
Things Internet.
4. Edtech Almost Disappeared Over Night.
5. China’s Love / Hate Relationship with Crypto.
6. Healthcare and Semiconductors will Stay Strong.
7. “Made in China” Brands are Taking Over
8. China Fintech Sector is Opening up.
9. Geopolitics is Impacting Global growth for Chinese Startups.
10.Hong Kong is the Hot Spot for Chinese IPOs
43. 43
$35.3 Billion Worth of IPOs in Hong Kong in 2021, of which
Chinese companies accounted for 96.3%
Source: Nikkei Asia
44. China Internet Report 2021 - Top 10 Themes
1. China is Second Biggest Market in the World
2. Venture Investing in China is Going Strong.
3. Chinese Government is Increasingly Heavy Hand on all
Things Internet.
4. Edtech Almost Disappeared Over Night.
5. China’s Love / Hate Relationship with Crypto.
6. Healthcare and Semiconductors will Stay Strong.
7. “Made in China” Brands are Taking Over
8. China Fintech Sector is Opening up.
9. Geopolitics is Impacting Global growth for Chinese Startups.
10.Hong Kong is the Hot Spot for Chinese IPOs
45. 45
• Follow me on Twitter @edithyeung
• Join my weekly funding newsletter https://
www.silicon.news/
• Download 2021 China Internet Report https://
multimedia.scmp.com/infographics/china-
internet-2021/
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