DCM Capital Sees Opportunities in U.S., China IT Markets

Jul.07 — David Chao, co-founder and general partner of DCM Ventures, which has the backing of SoftBank Group Corp. and Japanese e-commerce giant Rakuten Inc., talks about the opportunities he sees in U.S. and Asia. DCM attracted $880 million from U.S. endowments and pension plans along with European investors for a new global fund with a China focus. Chao, who also discusses the challenges that Chinese companies face in overseas markets, speaks in an exclusive interview with Selina Wang on “Bloomberg Daybreak: Asia.”


In This Story: China

China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.

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