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Venture Capital Investment in China Up 22% to $964 Million in 3rd Quarter, Breaks Annual Record.

Publication: PR Newswire
Publication Date: 24-NOV-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Dow Jones VentureSource Finds $3.29 Billion Invested Year-to-Date with Record Investment in Business & Financial Services, Consumer Services, Consumer Goods

BEIJING and SHANGHAI, China, Nov. 24 /PRNewswire-FirstCall/ -- Venture capitalists continue to invest in Mainland China with $964 million put into 59 deals during the third quarter, up 22% from the $790 million invested in 73 deals during the same period last year, according to new regional statistics from Dow Jones VentureSource (http://venturecapital.dowjones.com/). Through the first nine months of 2008, China-based companies have raised $3.29 billion in venture capital, more than the previous annual record of $2.88 billion set in 2001.

"It's clear that venture capital investors are still eager to put money into this emerging marketplace and, in many...

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