4 Chinese companies in top 5 VC fundings in 2016
According to analytics firm Tracxn's report of 50 largest VC fundings of 2016 so far, four out of the top five investments have been made into Chinese companies. Uber rival Didi Chuxing, Alibaba's Ant Financial, Suning Commerce Group and Meituan are the four Chinese companies in the list. Uber is the only non-Chinese company to feature in the top five.