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Aicha Evans, the new CEO of the California-based driverless car startup Zoox, joins Business Insider's NEW list of the“Top 100 people Transforming the World of Business.”Zoox plans to launch an autonomous ride-hailing service by 2020. Evans, a former Intel exec, said her key priority now is to prepare Zoox for the product launch, while at the same time ensuring that the firm's autonomous driving technology is safe to deploy. IDG Capital joined Zoox's Series A funding round in 2016.
Mei Gao, a New York City-based IDG Capital partner, believes there are still excellent investment opportunities in China for U.S. and other overseas businesses.“China has the best infrastructure,” Guo told a panel discussion about Sino-American trade at the 2019 Penn Wharton China Summit in Philadelphia.“Its consumers are very ready to embrace new technology.”China, she said, is also“already the global manufacturing hub, and it has a great supply chain.”Founded in 1992, IDG Capital has made more than 800 investments in the U.S., Europe and Asia, including more than 180 exits, and it currently has more than $20 billion in accumulated assets under management.