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
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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
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:
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
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