Asian startups face cash crunch as coronavirus saps funding

Online education and health care startups in focus as VC fundraising hits 7-year low

202004007 Start up asia

Cash is fast becoming a precious commodity for startups in Asia. (Source photos by Reuters and Getty Images)

WATARU SUZUKI and COCO LIU, Nikkei staff writers

April 7, 2020 14:46 JST

TOKYO/HONG KONG -- Saving cash has become the new mantra for startups in Asia as capital quickly dries up in the region.

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