China's Venture Capitalists Start Making Deals, Amid Signs of Recovery

China's economy has slowly begun to show signs of reopening and recovering, which has led some companies to begin fundraising. Consumer brands that saw an uptick in usage during the pandemic – such as an online grocery delivery startup, an online education tutor, and even an online makeup retailer – have so far been successful in their efforts to raise funds with investors saying that "in the current climate of uncertainty, they were more comfortable betting on the companies that are leading their industries."

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