CHINA:
1. China’s market regulator investigates Alibaba-Minmetals JV
2. Meituan to raise $10b via sale of shares, convertible bonds
3. Oppo tops Huawei to regain title of China’s top phone brand
4. Douban user sues company for data privacy infringement
6. DJI Unveils Smart Driving Solutions, Aims To Become Tier 1 Supplier To Future Smart Cars
7. Alibaba’s community group buy unit is now on WeChat
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MOBILE-ONLY MARKETS:
1. Singapore-based SES raises $139M for EV battery development
2. Temasek invests $21m in Singapore’s cross-border payments firm Nium
3. Qapita banks US$5M pre-Series A to enable companies to digitally manage their ESOPs and cap table
4. Singapore fintech firm Stacs banks $3.7m to help financial institutions go green
5. Singapore spacetech startup Infinite Orbits lands deal with Elon Musk’s SpaceX
6. Indian cloud data protection firm Druva raises $147m at over $2b valuation
7. Tiger to invest $100m in Indian vehicle repair startup GoMechanic
8. Sequoia-backed edtech startup CoLearn secures $10m in series A round
9. Gojek co-CEO Andre Soelistyo to head merger with Tokopedia
CROSS-BORDER:
1. PayPal to launch local wallet in China focused on cross-border payments
2. Microsoft to invest $1 bln in Malaysia to set up data centres – Malaysian PM
3. Fantasy sports platform Dream11 mulls to go public in US next year
OVERSEAS:
1. UK to explore issuing its own digital currency amid bitcoin boom
2. Microsoft’s ‘Netflix-for-gaming’ service launches on iPhone and PC this week
3. Facebook invests in audio with short-form Soundbites feature, podcast support and a Clubhouse clone
4. Britain intervenes in Nvidia’s $40 billion Arm takeover on national security concerns
5. IBM quarterly sales growth highest in over two years on cloud strength
6. Zoom launches $100 mln fund to invest in apps using its technology
7. Mastercard to buy digital ID verification firm Ekata in $850 mln deal
8. British tech company Gett partners with U.S. taxi app provider Curb
9. Volvo to supply cars for Didi’s global autonomous driving fleets
10. AutoX partners with Arbe to bring ultra-high resolution radars to its autonomous vehicle fleet
11. Alan raises $220 million for its health insurance and healthcare superapp
12. Druva raises $147M at a valuation north of $2B as the cloud rush continues
13. UK’s Zilch raises $80M at a $500M+ valuation for its direct-to-consumer buy now, pay later service
14. Goldman Sachs invests $69 million in British digital bank Starling
15. Payhawk raises $20M to unify corporate cards, payments and expenses
16. Real-time streaming tech platform Phenix raised a $16.7 million Series B
17. Munich-based insuretech startup InsureQ raised $6 million
18. Goodbye Focus Groups, Affogata Raises $5.5M To Analyze Customer Wants
Image Credits: KrAsia