Backing Chinese startups abroad

Investment firm CCV picks localization-oriented tech stars for financial support, helps create unicorns

The rise of Chinese startups overseas is spurring CCV, a Chinese investment firm with financial arsenal of $400 million, to target opportunities abroad.

"Chinese startups are gearing up to change the game of starting a business abroad. This is the right time for Chinese startups to venture overseas," said Zhou Wei, founding partner of Beijing-based CCV.