Puji Capital, Galaxy platform to back foreign start-ups in China
Chinese investment group Puji Capital has formed a joint venture platform with domestic property developer Galaxy Holdings that will invest in more than 10 start-up and growth companies across mobile gaming, media technology and consumer hardware.
The focus is on foreign businesses trying to enter China as part of a broader plan to create a new commercial area in Shenzhen that serves as a bridge between China and Western markets. Investments are...
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