CHINA:
1. China has reached about 96 per cent of its target to build 500,000 5G base stations this year
2 Taiwan exports surge to record amid Huawei scramble for chips
3 Alibaba and Tencent climb ranks of top Asian earners during pandemic
4 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
8 CanSinoBIO 康希诺生物 coronavirus vaccine shows immune response in human trial, shares gain 6%
9 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
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MOBILE-ONLY MARKETS:
1. India: Digital transformation company Happiest Minds’ IPO opens to good response
2 India: Mutual fund manager UIT AMC plans to launch its $408m IPO next week
3 Gaja Capital in talks to lead $100m funding in Indian e-pharmacy 1MG: Report
4 India’s Zomato raises $62m from Temasek
5 India: StartupXSeed launches $26.6m second fund to invest in deep tech firms
CROSS-BORDER:
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
OVERSEAS:
1 Ex-Disney, Hulu, Quibi executive Tim Connolly joins Apple TV+
2 Video app Migo raises capital from YouTube co-founder, Gojek commissioners
3. Dutch payments startup Mollie raises $106m at $1b+ valuation
5. HumanForest gets $2.3m from Cabify founders and others to grow a ‘free’ e-bike sharing service
6 Latvian software-as-a-service startup Lokalise raises $6m to make it easier to localize product
Image Credits: YiCai Global