In September 2014, Alibaba shattered global records with a US$25 billion IPO on the New York
Stock Exchange. The event capped a year in which 50% of venture capital investment in China was
in the TMT (technology, media, and telecom) and internet space. Michel Brekelmans, Co-head of
L.E.K. Consulting ’s China practice, shares insights from recent strategy work on the investment
shifts within the Chinese tech industry and what those shifts could mean for investors.
In September 2014, Alibaba shattered global records with a US$25 billion IPO on the New York
Stock Exchange. The event capped a year in which 50% of venture capital investment in China was
in the TMT (technology, media, and telecom) and internet space. Michel Brekelmans, Co-head of
L.E.K. Consulting ’s China practice, shares insights from recent strategy work on the investment
shifts within the Chinese tech industry and what those shifts could mean for investors.
