1 Shanghai Conducts Phoneless Digital RMB Pilot

2 China’s digital currency trial returns to Shenzhen for round two, with twice the participants and double the payout

3 Alibaba plans to raise at least $6.6 billion via bond sale this month

4 Huawei expected to drop to seventh globally in smartphone production amid US sanctions: report

5 Chinese Video Platform Bilibili Eyes $2 billion in Secondary Hong Kong Listing: Report

6 Data centre operator Global Switch’s Chinese owners explore $11b sale

7 China’s AI firm Enflame raises $279m from Tencent, CICC, others

8 Warburg-backed Chinese car parking player Sunsea secures $100m in a Series B round

9 GL Ventures leads $28m funding in Chinese internet security DataCloak

10 Chinese’s open-source software developer, EMQ nets $23m


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1 India’s Early-stage VC Endiya Partners secures final close of $75m second fund

2 India’s WestBridge exits gaming firm Nazara, sells $68m stake to Plutus

3 TPG-backed Indian cosmetics retailer Nykaa E-Retail plans IPO at $3b valuation

4 Indian personal electronics goods maker boAt bags $100m from Warburg Pincus

5 FMO invests $10m in India’s fintech lender, NeoGrowth

6 Indian edtech firm Practically nets $4m in pre-series B round

7 Indonesian investment app Bibit confirms $30m funding from Sequoia Capital India

8 Indonesia’s edtech Zenius announces pre-Series B round

9 Malaysian social ecommerce firm Poptron lands $1m in seed funding

10 Singapore tightens rules for virtual payment service providers offering crypto

11 SG’s iSTOX, digitised securities platform, launches new unicorn fund

12 Singapore-based healthtech firm Lumiere32 closes $379k venture-debt round

13 Singapore fintech startup GoBear to shut shop, cites difficulties in raising funds



1 Trump bans transactions with eight Chinese apps including Alipay, WeChat Pay

2 NYSE will flip-flop on delisting Chinese telecoms if US blacklist applies

3 Mirae launches $35m India-focused fund

4 Affirm fintech firm Sets IPO Price Range, Seeks To Raise Up to $934.8M

5 iLobby Rakes In $100M To Help Track Visitors

6 SG’s BeeNext backs Pakistan’s fintech Finja’s $9m funding

7 Goldman Sachs buys global cybersecurity firm White Ops

8 Genpact buys US-based data engineering and analytics firm Enquero



1 Nintendo founder’s family office joins race to take over software firm Japan Systems

2 Nintendo buys Canadian game studio in rare acquisition

3 P&G terminates plan to acquire razor startup Billie following FTC lawsuit

4 Carlyle to invest $970m in Japanese analytical instruments maker Rigaku

5 Pokemon Go Niantic buys competitive gaming platform Mayhem

6 Hinge Health has raised $310M Series D at a $3B valuation

7 Divvy raises $165M as the spend management space stays red-hot

8 UK-based self-driving software startup Oxbotica raises $47m from Tencent

9 Chronosphere nabs $43M Series B to expand cloud native monitoring tool

10 Kyte raises $9 million to deliver rental cars to your doorstep

Image Credits: Pandaily

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