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Capital Markets

Asia powers global growth in venture capital investment

Rise of multibillion-dollar funding rounds helps region nearly catch North America

Chinese bike sharing platform Didi Chuxing is using an influx of funds to help expand abroad.   © Reuters
HIROMI SATO, Nikkei staff writer | China

PALO ALTO, U.S. -- Global venture capital investment jumped 49% in 2017 to a record-high $164.4 billion, with the majority of growth coming in Asia, not North America as in years past.

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