CHINA:
1. Chinese chip maker SMIC 中芯国际 applies to renew licence to supply Huawei: state media
2 Douyin 抖音, China’s TikTok, grows daily active users to 600m in home country amid global headwinds
3. Baidu Apollo in deal with Qingting FM 蜻蜓 FM vehicle audio play system
4. Kuaishou 快手 starts closed beta of podcast App Piting 皮艇
5. Alibaba and Tencent-backed Evergrande Automobile raises HK$4b
6. Chinese biotech firm Biocytogen bags $142m Series D+ led by CMB International
7. Chinese capsule endoscope systems maker Jifu Medical secures RMB 8-digit series C
8. Chinese surgical robot startup Edge Medical Robotics secures RMB 100m Pre-B round
9. Chinese chronic disease management startup inCarey raises $30m
10. Chinese autonomous driving tech startup iDriver Plus secures series C+ round
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MOBILE-ONLY MARKETS:
1. Singapore firms lead region in using tech to boost ops: Survey
2. Indian fantasy sports app Dream11’s parent firm raises $225m at over $2.5b valuation
3. Amazon-backed Indian insurtech startup Acko raises $60m
4. India: Virtual events platform Airmeet raises $12m led by Sequoia Capital, Redpoint Ventures
6. Vietnam’s fintech startup Kim An Group bags series A money from East Ventures, others
7. Myanmar’s fintech firm NearMe raises 7-digit funding from Sumitomo Corporation
CROSS-BORDER:
1. APAC smartphone market value drops 20% in first 7 months of 2020, report found
2. China’s Tencent to set up a regional hub in Singapore
3. YouTube to launch TikTok-like short-form video feature in India after ban of Chinese app
5. Trump says Oracle close to TikTok deal as ByteDance aims to keep majority ownership
6. Walmart’s Flipkart to hire 70,000 in India ahead of festive season
7. Indian cashback and coupon plarform CashKaro secures $10m from Korea Investment Partners, Kalaari
OVERSEAS:
1 Amazon is rapidly adding planes to its air fleet, inching closer to UPS and FedEx
2. Early Facebook, LinkedIn investor Greylock Partners raises $1b for new fund
3. Snowflake prices IPO above increased range, implying initial market cap of $33.3b
4. Online real estate startup Opendoor to go public through SPAC
5. New Haven Medical devices company Biorez raises $350m seed round funding
6. Cross-border payment processor dLocal earns unicorn status following $200m investment
7. Project management software company Airtable Lands $185m Series D
8. New York-based nTopology lands $40m for manufacturing and design software
9. US-based biosciences and AI company Brightseed secures $27m to explore phytonutrients
10. Austin-based cloud-native data catalog data.world secures $26m round of venture capital funding
Image Credits: South China Morning Post