Company / division: JD.com
US Startup Investments By China’s Internet Giants Slow Down in 2016 – CB Insights (Nov 10, 2016)
This is a great overview of some of the significant investments the four major Chinese Internet companies have made in the US over the past few years. A few things stand out: Tencent has invested significantly more than the others, both in dollar terms and in the number of individual investments; California has received 79% of the total investments made, with most other states only capturing a small number of deals or none at all; investments appear to have peaked in 2016 and dropped in 2015 (though this analysis doesn’t capture the whole of 2016). A lot of the investments are in tiny companies you’ve never heard of, but there are some exceptions: Alibaba and Tencent in Lyft and Snap; Alibaba in ShopRunner, MagicLeap, and Jet.com; Baidu in Uber; and Tencent in Cyanogen. Most of these are small minority investments, but the overall number is significant – the big Chinese companies have been far more able and willing to invest in US properties than vice versa.
via CB Insights