Qiming Ventures set to open office soon in Singapore

The Chinese venture capital firm sees a rise in investment by Chinese companies in Southeast Asia.

Venture capital firm Qiming Ventures is expanding overseas, following the trail of Chinese investment into Southeast Asia.

Founded in 2006, Qiming Ventures has about $4 billion under management, including investments in electronics company Xiaomi and bike-sharing firm Mobike. It also currently has offices in Shanghai, Beijing, Suzhou, Shenzhen, Hong Kong as well as Seattle.  

“We’ll probably open an office in Singapore,” Helen Wong, a partner, Qiming Ventures told FinanceAsia on the sidelines of a conference organised by DealstreetAsia in the Lion City.

“As VCs, we want to follow the Alibabas and Tencents of this world,” said Wong, an...

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