... [+]become the top search engine in that country. Those ambitions were extinguished by 2010, when Google said it couldn’t stomach Beijing’s censorship requests any longer. By then, Mi had already moved on, taking stakes in China’s consumer internet companies that today have made him one of the most successful tech investors in the world.
Mi cofounded Lightspeed China Partners in 2011 and made early investments in Meituan-Dianping and Pinduoduo, two e-commerce powerhouses that today have a combined market cap of more than $120 billion. He’s one of a record 22 investors on the Midas List who are either of Chinese nationality or based in China.
Sequoia’s Neil Shen extends his stay at the top of the Midas list to three years thanks in part to his investments in border-breaking ByteDance. The Beijing company, which rocketed to prominence in China for news aggregator Toutiao, is also behind TikTok, the video app that has become an international sensation. Himself an internet entrepreneur—he cofounded Ctrip , China’s largest online travel agency—Shen previously spearheaded investments in Alibaba and JD.com.
Not after we pull business and invest from China
Stop buying made in China
That list likely won’t age well as the world divest from china.
Why would Forbes out themselves as CCP propaganda?
China is growing rapidly everywhere