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Startups

Asia startup funding shifts to early stage deals amid market turbulence

Falling valuations of listed peers puts pressure on late-stage companies

After last year's major tech listings ran into headwinds, investors are less enthusiastic about pouring money into late-stage startups. (Source photo by AP)
WATARU SUZUKI, Nikkei staff writer | Southeast Asia

TOKYO -- Startup funding in Asia is shifting to early stage deals as a sharp decline in listed tech stocks keeps investors away from companies close to an initial public offering.

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