CHINA:
1. China tops 110M 5G users in less than a year
2 China grocery e-commerce market overview; to grow over 39% in 2020
3. CR Capital partners with Tencent unit to launch $147m healthcare fund
4. Alibaba unveils new smart manufacturing platform Xunxi 迅犀
5. Jack Ma’s Ant Group hit by flurry of new rules ahead of mega IPO
6. Baidu showcases fully automated driving and 5G remote driving service
7. Chinese commercial rocket startup Space Pioneer secures RMB 8-digit Series A
8. Chinese online car sales firm Autohome 汽车之家 plans $1B second listing in Hong Kong
10. Chinese smart medical services firm Kyee Tech raises RMB 430M
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MOBILE-ONLY MARKETS:
1. Indonesian insurtech startup PasarPolis expects market boost from pandemic
CROSS-BORDER:
1. OPPO Files Trademark Application in Europe for OPPO Glass
2. TikTok to set up global headquarters in the US
3. Lightspeed announces the launch of its Southeast Asia operations
4. Apple partners with Singapore government to offer rewards for physical activity
OVERSEAS:
1. Facebook teaming up with Ray-Ban maker for first smart glasses in 2021
2. Facebook debuts Infinite Office, a virtual reality office space
3. Facebook unveils $300 Oculus Quest 2 standalone wireless virtual reality headset, kills Rift
4. Spotify stock falls after Amazon adds podcasts to its music streaming service
5. Snowflake more than doubles in market debut, largest ever software IPO
6 California-based online fitness platform Zwift Raises $450M for Connected Fitness
7. New $185M growth investment will fuel end-to-end commerce platform AppDirect’s global expansion
8. Data analytics and security company Devo Technology raises $60M Series D
10. Israel-based AI solution startup Aidoc Adds $20M To Series B for AI-based radiology tools
Image Credits: Deal Street Asia