CHINA:

1. China game live streaming market trends 2020; revenues to double by 2021

2. China EV brand NIO sales up 147% in Q2 2020

3. Tencent to acquire majority stake in animation firm Byment

4. China’s Tencent pushes for creation of $10b livestreaming juggernaut

5. DFS Group picks 22% stake in e-commerce unit of Chinese duty-free operator

6. Bytedance applies for financial licenses in Hong Kong

7. After Financial Fraud, Luckin Reportedly Achieves Positive Cash Flow Per Store in July

8. HK-listed Viva Biotech unit to buy 80% in Langhua Pharma for $368m

9. Tencent-backed Health Startup Waterdrop Raises $200M in Series D Round

10. Chinese intelligent manufacturing firm SK Automation raises $105m IPO

11. Chinese Medical Device Firm Wallaby Medical Completes Series B+ Round

12. DCM Leads Series A Round in Chinese Travel Management Platform Z-Trip

 

Check out our latest podcast about “How Citybox Finds Own Position Among Fierce Unmanned Retail Competitions, with Co-founder & COO Neo Lv” here

Check out our latest blog post about “Founders Explain How They Succeeded with Their MVPs” here

 

MOBILE-ONLY MARKETS:

1. SG’s Incomlend raises $20m in Series A led by Sequoia India

2. Indonesian fashion e-commerce firm Berrybenka in early talks to acquire Sorabel assets

3. Indonesia’s eFishery confirms Series B funding led by Go-Ventures and Northstar

4. Indonesian online travel unicorn Traveloka says it has cleared nearly $100m in refunds

5. Beenext, others invest US$1.4M in India’s online climate school Terra.do

 

CROSS-BORDER:

1. China tablet shipment up 18% in Q2; Apple has 42% market share

2. Tencent Music Entertainment Releases Q2 Financial Results, Lands New Cooperation with Universal Music

3. For First Time, Chinese Companies Outnumber US Ones on Fortune Global 500 List

4. Chinese finance platform Lufax files for US IPO of up to $3bn

5. Global interconnection and data centre company Equinix acquires GPX India data centres for $161m

6. IFC provides $70m financing to Vietnamese logistics firm ITL

 

OVERSEAS:

1. Focusing on human and climate health, S2G Ventures launches ocean fund with $100 million in commitments

2. VC fund, How Women Invest, will target female founders with $10 million fund

3. SoftBank rebounds to $16.3b profit after record loss

4. Samsung Biologics to invest $1.5bn for new pharmaceutical plant

5. Scribd acquires presentation-sharing service SlideShare from LinkedIn

6. Payments giant Stripe poaches General Motors’ CFO in its latest high-profile hire

7. Standard Cognition partners with Circle K on cashierless convenience stores

8. Airbnb Plans to File for IPO in August

9. Moderna Inks $1.5 Billion Coronavirus Vaccine Deal With U.S.

10. Revolut, Europe’s $5.5 billion digital bank, says losses tripled in 2019

11. SoftBank says it’s considering selling or listing UK chip designer Arm

12. Nokia phones maker HMD picks up $230 million in new funding from Google, Qualcomm and Nokia

13. Designing Better Drugs: Atomwise Lands $123M To Advance AI Drug Discovery

14. Parsable Raises $60M Series D For Frontline Worker Tech

15. Optimizing Your Brand Online: Pattern Raises First Funding Of $52M Series A To Drive International Expansion

16. K2View raises $28 million to automate enterprise data unification

17. Axle Drives Freight Broker Financing Platform Forward With $27.7M

18. With former Misfit founder Sonny Vu at the helm, Arevo raises $25 million for its 3D printing tech

19. Telehealth Startup Nurx Raises $22.5M Series C Extension

20. RevenueCat Secures $15M Series A For App Subscription Platform

21. Intranet Creator Simpplr Secures $10M in Series B Funding

 

Image Credits: Pandaily

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