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...