News Snapshot:
Billion-dollar startups thrive in city where talent and experience mix. Hangzhou, China, the city where Alibaba Group Holding was founded just over 20 years ago has flourished into a tech hub populated by billion-dollar unicorn startups helmed by veterans of China’s e-commerce leader. The city has long held a special place in the hearts and minds of Chinese. Located 150 km southwest of Shanghai, Hangzhou is home to West Lake, a popular tourist attraction and UNESCO World Heritage Site that has been celebrated by poets and artists for centuries. But recently, the city’s rich past has given way to its...
