AI & Technology
The Chinese Tech IPO Apocalypse 2026: Alibaba, Tencent, ByteDance, and the $800B Valuation Collapse
Between 2013-2021, Chinese tech companies represented the future. By 2026, the entire ecosystem had imploded: regulatory crackdowns destroyed valuations, capital dried up, and thousands of startups went bankrupt. The $800B in VC funding deployed into Chinese startups between 2015-2022 was almost entirely wiped out. Here's the anatomy of the greatest tech ecosystem collapse in history.