Data Sheet—Why Some of China’s Hottest Tech Companies Are Cooling Off

China’s second-largest e-commerce company, JD. com, plans deep job cuts to staunch losses and reassure investors, according to a slew of recent media reports, highlighting the mounting challenges faced by Chinese tech firms as their nation’s economy loses steam. The Information, citing investors, reported Tuesday that NASDAQ-listed is preparing to lay off as many […]

Investing in China: All Bets Are Off

Last August, in my first post for Adam’s Data Sheet newsletter, I warned that Chinese tech companies might be headed for a “capital winter.” Alas, that dire prediction appears to be coming true. The Economist, citing research by CB Insights, noted last week that, in the last three months of 2018, deals to commit venture […]