Exclusive: Sequoia China to raise $6 billion in new fund with state-owned partner – sources

Exclusive: Sequoia China to raise $6 billion in new fund with state-owned partner – sources



Sequoia Capital China is teaming up with a state-owned venture capital (VC) fund and e-commerce powerhouse JD.com to raise up to 40 billion yuan ($5.81 billion) for a new investment firm to focus on late-stage tech investments, sources said.





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