Action continues for Chinese tech IPOs in the U.S., despite ongoing frictions between the U.S. and China in the race for technology power. China drone maker EHang — the one that does two-seater passenger flying drones — lifted off on Nasdaq this past week and raised $43 million. GGV Capital followed with $10 million the year after. It soon went on to raise $42 million from GP Capital and returning investors ZhenFund, GGV Capital and others. It’s also tech savvy, lime many other tech titans today in China.

Source: Forbes December 14, 2019 20:26 UTC