CHINA:
1. Tencent’s insurance platform WeSure slapped with fine for misleading marketing
2. Chinese Tech Giant Baidu Steps Up Its Game to Get Autonomous Vehicles on the Road
3. DiDi partners with Bank of Shanghai to expand its financial services
4. DeepRoute links up with Cao Cao Mobility to roll out robotaxi fleet in Hangzhou
6. Tesla urges workers to defend company in Pinduoduo spat
7. JD.com healthcare arm raises $830m Series B funding from Hillhouse
8. Chinese Artificial Meat Brand Starfield Secures $10M In Series A Round
9. Hong Kong’s food e-commerce startup DayDayCook 日日煮 raises $20 million
10. Xianghe Capital 襄禾资本 Leads Series C Round In Chinese Industrial Robot Firm Rokae 珞石
11. Sequoia Capital China leads $14m funding in food delivery robot maker PuduTech 普渡科技
12. HK fintech startup Neat raises $4m in Series A extension round
13. Taiwan plans to ban mainland Chinese streaming sites such as iQiyi and Tencent WeTV
Check out our latest podcast about “Digital Transformation: Converting Consumer Data into Gold; with Kevin Lee (IKEA), Alexis Richez (ZTP), German Torrado (Genetsis) and Abel Zhao (Travelflan)” here
Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here
MOBILE-ONLY MARKETS:
1. MDI closes $500m fund aimed at digitizing Indonesia’s state-owned enterprises
2. Medtech startup See-Mode raises $7m Series A round led by MassMutual Ventures
3. Singapore’s Edutech Startup Doyobi Announces US$1M In Funding From 500 Startups, Others
4. Singapore’s construction management startup Hubble raises funding
5. Insurtech firm Igloo partners with Akulaku and UnionBank to provide micro-insurance
6. Malaysia’s Indoleads launches affiliate marketplace
7. Lightspeed India closes US$275M fund for early-stage companies
8. Indian-based space tech startup Pixxel raises $5m
CROSS-BORDER:
1. Subaru taps Xilinx for key chip in driver-assistance system
2. GM bets on electric Cadillacs and micro-vans to reverse China slide
4. German travel booking app Omio raises $100m from Temasek, others
5. AI-based customer engagement platform iKala raises $17 million to expand in Southeast Asia
OVERSEAS:
1. Airbnb has filed confidential IPO paperwork
2. Apple becomes first U.S. company to reach a $2 trillion market cap
3. Wall Street pushes for GM to spin off its electric vehicle business
4. Google launches Kormo app in India to help people find entry-level jobs
5. Hangar raises $15 million for its venture studio for government technology startups
6. PadSplit Raises $10M Series A To Help Create Affordable Housing Opportunities
7. Welcome raises $1.4M to streamline the hiring process
Image Credits: Caixin Global