Venture capital investment in Asia remained steady quarter-over-quarter at $16.9 billion across 1,011 deals in the second quarter of 2020, said a study by KPMG.

According to the report, the VC investment in Asia is led by three Chinese deals: a $1 billion Series B round by MGI Tech, a $1 billion early-stage raise by Didi Bike and a $750 million Series E raise by