CHINA:
2. Chinese investment firm V-Capital secures $235m for new RMB fund
3. Tencent helps Chinese students skip prohibitively low speeds for school websites overseas
4. Secondhand Electronics Trading Platform Aihuishou Reveals $3.5 Billion GMV in IPO Filing
5. Chinese property management firm Wanda Asset Light to raise $3.1b
6. Didi’s Self-driving Unit To Raise Over $300M In New Round
7. Sequoia China, Yunfeng Capital lead $228m round in Chinese rice brand Shiyue Daotian
8. Oral healthcare brand BOP raised 160million RMB in Series B
9. Qiming Venture leads $15.7m round of Chinese surgical instrument startup IntoCare
10. Semiconductor manufacturing company 润石科技 Runshi Technology raised Series A
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MOBILE-ONLY MARKETS:
1. Shopee’s logistics arm hits speed bump as some workers lament low wages
3. Africa has another unicorn as Chipper Cash raises $100M Series C led by SVB Capital
4. Indian unicorn Infra.Market picks majority stake in Sociam Equipment
5. Indian financing firm for rural markets Jai Kisan banks $30m in Mirae Asset-led round
6. Indian health insurance startup Plum raises $15.6 million in Tiger Global-led investment
7. Bangladeshi ride-sharing startup Shuttle nets $750k in seed money
8. KKR invests in Vietnam-based education platform EQuest
CROSS-BORDER:
1. Australia’s Nine Entertainment signs content deal with Facebook, Google
2. Italy gives Vodafone 5G deal with Huawei conditional approval
3. Logistics major Flash raises $150m to become Thailand’s first unicorn
4. PropertyGuru to buy Australian proptech firm’s Malaysia, Thailand businesses
5. Line is next in line for digital banking in Indonesia
6. Swedish gaming-based learning startup Astrid enters Vietnam’s edtech market
OVERSEAS:
1. Intel announces two new 11th-gen chips and a 5G M.2 laptop module at Computex
2. Japanese companies to develop chipmaking technology with TSMC
3. Video e-learning platform for MENA, Almentor, closes $6.5M Series B led by Partech
4. Traveltech startup Travello bags $5m from ex-Tourism Australia head, others
Image Credits: Pandaily