CHINA:
1 Chinese ‘corona-tech’ startups raise big funding.
2 Ant Group may sell more shares in Shanghai than Hong Kong in IPO: report
3 Alibaba opens its livestreaming technologies to other companies
4. China’s ByteDance buys UIPay to leverage e-payment capabilities at home
5. TikTok launches marketing program for advertisers with tools to measure success of campaigns
6 Meituan 美团 plans grocery retail business expansion to cover 1,000 cities in China
7. China Growth Capital co-leads $19m Series A+ round in biotech company InxMed 应世生物
8 Chinese medical AI startup LinkDoc Technology 零氪科技 closes RMB 7m Series D+ round funding
10. Chinese AI-based ortho startup Changmugu 长木谷 completes RMB 7-digit Series A round funding
Check out our latest podcast about “Managing a $1 billion pre-IPO fund; with Sophie Yao (Pegasus Tech Ventures)” here
Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here
MOBILE-ONLY MARKETS:
1. Malaysian IPO market is recovering from the COVID slump, but risks remain
2 Indian firm, Bollywood’s Akshay Kumar to launch tactical mobile game after PUBG ban
3 India: Vodafone Idea plans to raise $3.3b to pay off dues
5 Singaporean banking-as-a-service startup MatchMove banks $21m to hit $338m valuation
6 Singaporean proptech startup Livespace gears up for major expansion after $90m raise
7 Singaporean fintech startup Qapita raises $1.8m seed round funding
CROSS-BORDER:
2. Goldman Sachs joins syndicate for Ant Group’s mammoth $30b offering
3 Samsung Electronics wins $9b order for network equipment from Verizon
4. Yandex and Uber spin out self-driving venture with $150m investment
5 Indian audio streaming startup Gaana raises $50m in Tencent-led round
OVERSEAS:
1 Apple commits to freedom of information and expression in human rights policy
2. Tesla falls after S&P 500 adds Etsy and two others, bypassing carmaker
3. Pentagon says it will stick with Microsoft for $10b JEDI cloud contract
4 Amazon to hire 10,000 additional employees in Bellevue, Washington
5 Bezos, Musk, Zuckerberg and Gates lose a collective $25b in net worth after tech stocks fall
Image Credits: Venture Beat