1. China’s central bank urges Alipay and banks to crack down on crypto speculation

2. China’s E-commerce Giants See Record Highs During “618” Shopping Spree

3. Tencent to Build Global Headquarters on Artificial Island With $5.7 Billion Investment in Shenzhen

4. DCP Capital-backed consortium to take China’s 51job private in $5.7b deal

5. Electric Vehicle Charging Operator Yunkuaichong Completes B1 Financing, Led by Lithium-ion battery manufacturer CATL

6. Proton Robotics nets fresh funds for warehouse automation solutions

7. Cybersecurity company Douxiang Technology 斗象科技 raised 200million RMB in Series D1

8. AI-based HR company WonderCV 超级简历 closed 5million USD in Series A


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1. India proposes tougher e-commerce rules to address ‘widespread cheating’ complaints

2. KKR spends $625m to acquire stake in Indian cosmetics firm Vini Cosmetics from Sequoia, founders

3. Indian edtech company Byju’s secures $50m to push total amount raised this year to $1.5b

4. Sequoia-backed Indian fintech firm Progcap bags $25m in round co-led by Tiger Global

5. Ex-Tata Group CTO joins $1.2m seed round of Indian investment management firm Upside AI

6. Vietnamese financial services app MFast gets $1.5M pre-Series A led by Do Ventures

7. GrowSari, a B2B platform for small stores in the Philippines, adds investors like Temasek’s Pavilion Capital and Tencent

8. Indonesia’s online furniture retailer Fabelio seeks to raise Series D funding, plans IPO in 2022

9. Indonesian fintech Kredivo bags additional $100m debt facility from Victory Park Capital

10. East Ventures leads seed round of Indonesian legaltech firm Justika

11. 500 Startups joins pre-series A round of Indonesian social commerce startup Dagangan

12. Ex-Citigroup Indonesia director’s fintech startup Hugo secures $2m in seed round



1. Intel to work with India’s Reliance Jio on 5G network technology



1. Tesla backs vision-only approach to autonomy using powerful supercomputer

2. Delivery company Gopuff acquires Liquor Barn, continuing its retail expansion

3. German firm’s air taxi aims to be operational for Paris 2024 Olympics

4. Database company Couchbase files for U.S. IPO

5. Self-driving tech supplier Quanergy nears China-backed SPAC deal to go public

6. Israeli-founded software firm WalkMe files for IPO at USD 2.5 billion valuation

7. Buy now, pay later startup Kredivo doubles its debt facility from Victory Park Capital to $200M

8. Music licensing marketplace Songtradr raises $50M

9. DataRails books $25M more to build better financial reporting tools for SMBs

10. Vertex Growth secures US$15M from KVIC to invest in Korean startups

11. Mobile commerce startup Via rounds up $15 million in Series A funding

12. Sneaker community startup SoleSavy raises $12.5 million Series A to build an end-to-end sneakersphere

13. WaitWhat raises $12M to double down on what comes after podcasts

14. Electric utility bike startup Ubco raises $10 million to fund its global expansion


Image Credits: Reuters

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