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Ex-Goldman Executive Joins Jack Ma-Backed PE Firm in Tokyo

China's bubble tea boom creates a half-dozen billionaires

Bubble tea was invented in Taiwan in the late 1980s, with small stalls selling it near schools and offices

Futu reaches 15 million global users, reflecting strong international expansion

It's a 'golden age' for Chinese brands bolstered by tech crackdown

It s a ‘golden age’ for Chinese brands bolstered by tech crackdown Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ A customer shops at a Perfect Diary store in Beijing in August of last year. From cosmetics to bubble tea, Chinese ventures making waves among a new generation of shoppers are becoming a magnet for funds hunting for their next big hit. | REUTERS Bloomberg Jul 10, 2021 China’s intensifying crackdown on technology companies is proving to be a cautionary tale for investors in the nation’s startups, with one notable exception: consumer brands.

Tech Crackdown Sees Investors Eyeing China's Consumer Startups