Chinese tech’s ‘Big Three’ BAT rowed back on agrifood funding last year, investing in deals worth $640m
[ad_1] Alibaba, Baidu, and Tencent – known collectively by the acronym BAT – pumped hundreds of millions of dollars into the agrifood vertical last year, according to AgFunder’s China AgriFood Startup Investing Report 2019, published with Bits x Bites. Between them, they invested in agrifood startup funding rounds worth just over $640 million during 2019. […]