1. China has reached about 96 per cent of its target to build 500,000 5G base stations this year

Taiwan exports surge to record amid Huawei scramble for chips

Alibaba and Tencent climb ranks of top Asian earners during pandemic

Tencent finally kills microblogging service Tencent Weibo after years-long decline.

5. Huawei seeks to raise fresh funds from employees amid US trade sanctions

6. Gaw Capital hits final close of China-focused IDC platform at $1.3b

7. TikTok estimated to generate $88.1m in revenue in August despite US troubles

CanSinoBIO 康希诺生物 coronavirus vaccine shows immune response in human trial, shares gain 6%

Chinese APM service platform Tingyun 听云 raises $57m in Series C round

10. Logistics startup Duckbill 鸭嘴兽 raises $30m in pre-Series B round

11  China’s reusable spacecraft successfully returns to landing site


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



1. India: Digital transformation company Happiest Minds’ IPO opens to good response

India: Mutual fund manager UIT AMC plans to launch its $408m IPO next week

Gaja Capital in talks to lead $100m funding in Indian e-pharmacy 1MG: Report

India’s Zomato raises $62m from Temasek

India: StartupXSeed launches $26.6m second fund to invest in deep tech firms

6. India: All-electric ride-hailing platform BluSmart Mobility raises $7m from Inflection Point Ventures, others



1. Ravi Thakran’s Singapore-based blank cheque firm Aspirational files for $225m US IPO

2. Samsung wins USD 6.6b order from Verizon for 5G telecom gear

3. British fintech startup Revolut launches its financial app in Japan



Ex-Disney, Hulu, Quibi executive Tim Connolly joins Apple TV+

Video app Migo raises capital from YouTube co-founder, Gojek commissioners

3. Dutch payments startup Mollie raises $106m at $1b+ valuation

Swedish mobile-delivered health and insurance startup BIMA nabs $30m more for micro- health and life insurance aimed at emerging markets

5. HumanForest gets $2.3m from Cabify founders and others to grow a ‘free’ e-bike sharing service

Latvian software-as-a-service startup Lokalise raises $6m to make it easier to localize product


Image Credits: YiCai Global

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