US EUROPE AFRICA ASIA 中文
    Business / Technology

    Beijing becomes new 'Silicon Valley'

    (Agencies) Updated: 2014-10-28 07:26

    Beijing is home to the most new software companies created outside the United States since 2003, and they are valued at more than $1 billion, Atomico, a venture capital investor, said on its website.

    The city is the base for 17 of the companies, including Internet security provider Qihoo 360 Technology Co, said Atomico, led by Skype co-founder Niklas Zennstrom. Northern California's Silicon Valley area has the largest pool of big software companies, with the region accounting for 39 percent of all large software enterprises worldwide.

    Beijing, including the Zhongguancun district that has been called China's Silicon Valley, is benefiting from a concentration of software developers that are helping the economy reduce its reliance on manufacturing. The city also hosts the most new software developers to start in the business since 2003, according to Atomico, a sign of the capital's power as a magnet for the growing global industry.

    "Beijing has a large talent pool," said J. P. Gan, a Shanghai-based partner at Qiming Venture Partners, which manages four funds with more than $1.1 billion in assets. "The vibe for startups is also good - lots of gatherings, meetings, good for brainstorming and very convenient."

    Weibo Corp, China's biggest micro-blog service, JD.com Inc and Cheetah Mobile Inc, all of which went public in the US this year, are based in Beijing.

    The spread of the Internet, cloud computing and open-source software have removed many of the traditional barriers to competing with Silicon Valley, Atomico said.

    Silicon Valley had 52 companies valued at $1 billion created since 2003, followed by Beijing, New York, Stockholm and Los Angeles, according to Atomico. The data include companies providing enterprise software, e-commerce, social communications and gaming.

    Consumer-focused companies accounted for all of the 26 Chinese companies valued at more than $1 billion compared with 52 percent in the US and 82 percent in Europe, Atomico said.

    About half of the companies on the list have had a "significant liquidity event", including 40 that held initial public offerings and 23 were involved in mergers and acquisitions, Atomico said.

    JD.com raised $1.78 billion in a May IPO, the same month that Cheetah Mobile had its $168 million offering.

    Beijing becomes new 'Silicon Valley'

    Beijing becomes new 'Silicon Valley'

    Tech innovation hub takes shape  Vibrant startups head to Haidian

    Hot Topics

    Editor's Picks
    ...
    ...
    无码中文字幕日韩专区视频| 无码精品人妻一区二区三区人妻斩| 亚洲av无码一区二区三区在线播放| 综合国产在线观看无码| 亚洲乱码无码永久不卡在线| 亚洲欧美中文日韩在线v日本 | 人妻少妇久久中文字幕| 国产成人精品无码播放| 欧美日韩毛片熟妇有码无码| 亚洲中文字幕无码一区二区三区 | 亚洲av无码片在线播放| 最好看最新高清中文视频| 亚洲?v无码国产在丝袜线观看| 无码少妇精品一区二区免费动态| 最近最新中文字幕视频| 亚洲一区中文字幕久久| 无码人妻精品中文字幕免费 | 日韩va中文字幕无码电影| yy111111少妇无码影院| 无码人妻AV一二区二区三区| 亚洲精品无码国产| 日韩va中文字幕无码电影| 中文字幕免费视频一| 久久中文骚妇内射| 中文字幕日本人妻久久久免费| 少妇中文无码高清| 精品国产毛片一区二区无码| 国产在线无码不卡影视影院 | 亚洲动漫精品无码av天堂| 国产精品99久久久精品无码| 中文字幕精品一区影音先锋 | 乱人伦中文无码视频在线观看| 亚洲欧美日韩中文字幕一区二区三区 | 最新中文字幕av无码专区| 亚洲欧美综合中文| 亚洲熟妇中文字幕五十中出| 亚洲乳大丰满中文字幕| 天堂最新版中文网| 亚洲中文字幕丝袜制服一区| 婷婷四虎东京热无码群交双飞视频 | 亚洲一区二区三区AV无码|