China Institute of Information and Communication: the global Internet investment and financing situation was in the doldrums in the third quarter, with the disclosed amount down 28.8% from the same period last year.

CTOnews.com, October 27 (Xinhua) A few days ago, the Internet Operation Analysis team of the Institute of Policy and Economics of the China Academy of Information and Communications released a report on the performance of Internet investment and financing in the third quarter of 2023, according to a report by CAICT official account of the China Academy of Information and Communications.

Officials said that with the help of the CB lnsights database, the report constructed a research framework for investment and financing in the Internet industry, which "can deeply explore the overall situation and key areas of investment and financing in China and the world, and can provide an important reference for industry trend forecasting and hot issues prediction." CTOnews.com collates and summarizes the official report as follows:

China's Internet investment and financing rebounded slightly in the third quarter of 2023. The scale of Internet investment and financing in China stabilized, with the number of cases falling 5.8% from the previous month and 54% from the same period last year.

Internet investment and financing of US $1.36 billion (CTOnews.com Note: currently about 9.955 billion yuan), the disclosed amount rose 34.7% month-on-month, down 36.4% from the same period last year.

▲ Picture Source China Institute of Information and Communication CAICT official account

▲ Tupu China Institute of Information and Communications CAICT official account global Internet investment and financing continued to decline in the third quarter of 2023, global Internet investment and financing of US $24.3 billion (currently about 177.876 billion yuan).

The number of global Internet investment and financing cases fell 5.1 per cent from the previous month and 23.4 per cent from the same period last year; the disclosed amount fell 15.5 per cent from the previous month and 28.8 per cent from the same period last year.

▲ Picture Source China Institute of Information and Communication CAICT official account

In the third quarter of 2023, ▲ Touyuan China Institute of Information and Communications CAICT official account Enterprise Service financing accounted for 25.7% of China's enterprise service financing cases and 26% of the financing amount, while the global enterprise service sector accounted for 21.3% of the financing cases and 19.8% of the financing amount.

▲ Picture Source China Institute of Information and Communication CAICT official account

▲ Picture Source China Institute of Information and Communication CAICT official account