CHINA:
1 China’s mobile internet records over 1.4b devices in June 2020
2. Chinese e-commerce platforms strengthen efforts on IP protection, paper finds
4 OnePlus founder Pete Lau takes on new role heading product planning at Oppo’s holding company.
5. Didi Chuxing 滴滴出行 upgrades taxi service unit, renames it ‘Kuaidi New Rental’ 快滴新出租
6. Chinese data center owner ChinData Group readying US IPO of up to $400m
8. Chinese floor cleaning robots startup Gaussian Robotics 高仙机器人 raises RMB 1.5b in B+ round funding
9. Chinese online education firm Yuanfudao 猿辅导 to raise $1.2b in new funding
10 Chinese Biopharma Firm Adlai Nortye Raises $100m in Series C Round
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 India: e-commerce, hyperlocal supply chains to benefit from EV adoption
2. India: Saas startup Quintype raises $3.4m in Series A funding from IIFL AMC
3. Indian consumer electronics startup boAt raises $3.4m from InnoVen Capital
4 Indian hyperlocal delivery startup Dunzo to raise $28m from Google, Lightstone, others
5. Malaysia’s ACE Market-listed Rev Asia to acquire digital media firm iMedia for $2.4m
6. Singapore fintech startup GoBear lays off 11% of workforce
CROSS-BORDER:
1. Trump reportedly says TikTok has until September 15 to find a US buyer or it will be banned
2. Google’s AI-powered flood alerts now cover all of India and parts of Bangladesh
OVERSEAS:
1. Oakland Black Business fund launches investment platform for Black-owned business
2 Walmart’s stock gets a $24 billion boost after retailer announces subscription service
3 Tesla taps market rally keg, announces $5b stock sale
4 Apple and Google will build their coronavirus contact tracing software right into your phone
5 Apple reportedly plans to launch 5G iPhones, watches, and an iPad Air in October
6 Google Cloud lets businesses create their own text-to-speech voices
7 Amazon to open first online-only Whole Foods store in Brooklyn
8 Lunchclub, a 15-person AI superconnector startup, tops $100m valuation as usage spikes in quarantine
9 Sarcos Robotics Lands $40m Series C To Commercialize Exoskeletons
10 Japanese flying car startup SkyDrive raises $37m in Series B funding
12 WhatsApp integrated merchant e-commerce platform Bikayi raises $2m seed funding round
Image Credits: Reuters