CHINA:
1. China Renaissance Capital Closes $600M New USD Fund
2. Huawei says its own operating system HarmonyOS will come to smartphones next year
3. China pushes boundaries of self-driving cars with WeRide and Baidu
4. Baidu Launches Apollo Go Robotaxi Service in Beijing Apollo Park
5. WeChat mini-program overtakes Meituan as fourth largest transaction platform in China
6. Didi AI chief to step down as platform looks to spur growth
7. Chinese semiconductor firm 3Peak looks to raise $339m in STAR Market IPO
8. Sequoia Capital China leads Series B+ funding in women’s underwear brand Ubras
9. Vascular equipment maker WeMed raises USD 14.6 million from Hillhouse Capital
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. Ola is facing a drivers’ legal challenge over data access rights and algorithmic management
2. India’s Zomato raises $100M from Tiger Global, says it is planning to file for IPO next year
4. JazzyPay raises US$500K from Cocoon Capital to help businesses adopt cashless payments amid COVID-19
5. Bangkok Bank (BB) acquires 1 per cent stake in gojek
6. Indonesian logistics-tech firm Waresix closes US$100M Series B
7. Temasek-backed Red Dot Capital leads SaaS company EverCompliant’s $35m round
8. Singapore B2B cross-border payments network Thunes raises US$60M led by African VC Helios Investment
9. Fvndit secures $30m debt financing for its Vietnamese P2P lending marketplace eLoan
CROSS-BORDER:
1. ByteDance may miss U.S. deadline for TikTok deal
2. Reliance Industries reportedly to offer Amazon $20b stake in retail unit
3. Temasek’s portfolio in China exceeds Singapore home base
4. Saudi Arabia’s sovereign fund PIF said to be considering investing in Ant IPO
5. US plant-based meat maker Impossible Foods launches Impossible Sausage in Hong Kong, reveals appetite for China marketCool Japan Fund leads $40m Series C in Taiwanese big data firm Vpon
6. Cool Japan Fund leads $40m Series C in Taiwanese big data firm Vpon
OVERSEAS:
1. Tesla launches fast electric car charging in Berlin, says more cities to come
3. Oracle revenue, profit beat as cloud business benefits from remote work
4. Oracle wins cloud business from McDonald’s, Albertson’s
5. Credit Suisse launches Switzerland’s first major digital banking rival
6. Unity, a video game software development company, to raise up to $1.05B in IPO
7. Orchard real estate platform raises $69 million Series C led by Revolution Growth
8. Chairish Raises $33M Series B To Scale Online Marketplace For High-end Furnishings
9. Descartes Underwriting Closes on $18.5M To Scale Corporate Insurance Tools
10. Curio, the curated audio platform for journalism, has closed $9M Series A funding
11. Ribbon Experiences Lands $1.2M Seed For Live, Recorded Event Platform
Image Credits: How-To Geek