Alec Dafferner, Partner at GP Bullhound, commented: “This quarter we have witnessed a slight drop in the gaming sector, as 2020’s lockdown-induced gaming boom slows down and the impact of cookie deprecation and IDFA limitations are felt. With advertising spend on the rise, Adtech transactions almost tripled in comparison to Q3 last year and the IPO market remains open. Finally, we see new promising opportunities for Chinese Edtech, as start-ups turn to overseas markets following the Chinese government’s crackdown on the online and offline tutoring industry.”
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