1. China saw over 30 billion mobile payment transactions in Q2 2020, up 27%

2. Ant Financial Aims To Raise $30B At $225B Valuation

3. Chinese pharma firm Easton eyes $193m in STAR Market IPO

4. Meituan Dianping Q2 Revenue Surges 8.9% to $3.58B, Beats Estimates

5. China is building a GitHub alternative called Gitee

6. ByteDance Acquires EdTech Startup NPY, Strengthens its Education Unit

7. Public blockchain startup Conflux lands second government deal

8. Online brand discount retailer Vipshop CFO Steps Down, Stock Price Plummets

9. Chinese AI startup 4Paradigm 第四范式 mulls listing on STAR Market

10. Online English Education Startup iPalfish Secures $120M

11. Robot developer HachiBot raised ‘tens of millions of US dollars’ in pre-A funding round led by Northern Light Venture Capital


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



1. Malaysia’s Sunway Group plans to raise up to $300m for healthcare expansion

2. Malaysian special purpose vehicle Asia Dairy completes $240m acquisition of F&B Nutrition

3. Indian largest carmaker Maruti Suzuki to incubate Indian mobility startups in partnership with B-school IIMB

4. India: Baring PE, others to invest $209m in private sector lender RBL Bank

5. Indian edtech firm Lead School raises $28m in Series C round

6. IL&FS to sell education arm Schoolnet India to Lexington Holdings

7. Indian logistics SaaS startup FarEye raises $13 led by Nilekani’s VC fund

8. India: Former Goldman fund manager buys Yes Bank’s mutual fund biz

9. Vietnam motorbike marketplace OKXE raises $5.5m in Series A funding

10. Ricult secures US$2M pre-Series A to help farmers increase yield, access online markets in Thailand

11. Singaporean fintech startup Nium posts $7.3m in revenue and $25.4m in losses

12. MassMutual Ventures leads $7m round of Singapore-based medtech startup See-Mode Technologies



1. ByteDance to sue US government over the TikTok ban this week

2. US private equity firm Platinum Equity in talks to buy technology distributor HNA’s Ingram for $7b

3. Chinese EV maker XPeng eyes for $1.11 bn IPO in the US

4. India’s Zomato all set to raise at least $60m from Temasek arm

5. Indian e-commerce giant Flipkart ties up with Sastodeal, the largest e-commerce player in Nepal



1. Goldman Sachs said to mull raising $2b for new venture fund

2. Silicon Valley-based agrifood tech investor AgFunder in the market to raise $30m global impact fund

3. Microsoft plans cloud contract push with foreign governments after $10 billion JEDI win

4. Data analytics software company Palantir lost $580 million in 2019 and plans lockup after direct listing

5. Australia’s alternative credit firm Afterpay buys Spanish company to expand into Europe

6. Medical imaging startup Nanox closes at $21.70, up 20.6%, after raising $165.2M in its IPO

7. Lambda School raises $74M for its virtual coding school where you pay tuition only after you get a job

8. FarEye Brings In $13M Series D Extension For Logistics Platform

9. As the pandemic creates supply chain chaos, Craft raises $10M to apply some intelligence


Image Credits: Al Arabiya

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