Of dozens green car startups in China, only 2-3 will be around in five years, Nio chairman
"A car business is the world's toughest business to start."
Nine new non-US cos enter unicorn club this year. Six are from China
The 6 new Chinese unicorns are NetEase Cloud, Toutiao, NIO, Ofo, URWork & Zhihu.
Flipkart funding helps Asia VC investments rebound in Q1, top $9b
The deals in Asia rose 4% in Q1 to 405, while in dollar terms they jumped 58%