1. Bytedance builds walls for its budding e-commerce ecosystem

2. Alibaba Health, Sinovac 科兴生物 tie up to build platform for COVID-19 vaccine inoculation

3. Alibaba-backed Tmall establishes online housing platform Tmall Haofang 天猫好房 with E-House

4. China’s Tencent pushes for e-commerce breakthrough on WeChat via in-app programs

5. Shanghai-based chipmaker SMIC 中芯国际 shares downgraded on Huawei ban

6. China’s TikTok competitor Kuaishou 快手, backed by Tencent, hires investment banks for a Hong Kong IPO

7. China’s JD Health plans $1b HK IPO filing this month

7. Yifan Pharma’s unit eyes $5.5B post-chemotherapy treatment market dominated by Amgen, plans IPO next year

8. Chinese smart medical services firm Kyee Tech 京颐科技 raises $64M in Series D round led by Tencent

10. China’s Internetware 因特睿 raises $103m in Series B round to expand ops

11. Chinese fabless IC design company Nurlink 诺领科技 bags $29m Series B round of funding

12  Chinese cloud computing PaaS startup BoCloud 博云 completes series D round


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: E-healthcare firms focus on small towns, value-added services post pandemic

2. India: Ed-tech startup BYJU’s acquires lab-like virtual simulation platform LabInApp

3. Indonesian ride-hailing giant Gojek kickstarts Thai operation after brand unification



1. APAC cloud infrastructure revenue reaches $9B in Q2 with Amazon leading the way

2. TikTok set to IPO globally if Trump approves deal with Oracle, Walmart

3. Uber plans to sell part of stake in China’s Didi Chuxing

4. SoftBank, Naver turn to ‘squeeze out’ to take Line private

5. SoftBank-backed logistic courier startup Delhivery eyes IPO within next 12-18 months

6. Foodpanda launches in Japan, escalating Uber rivalry

7. Myanmar-headquartered UMG Idealab invests in Indonesian team monitoring app Jarvis



1. Global nonprofit software company Mozilla shutters Firefox Send and Notes

2. Amazon invests in battery recycling firm started by former Tesla executive: Redwood Materials

3. Facebook launches Facebook Business Suite, an app for managing business accounts across Facebook, Instagram and Messenger

4. Unity prices IPO above range at $52, initially valuing game software company at $13.7B

4. Cloud-based analytics company Sumo Logic notches modest first-day trading pop: 22 percent above its IPO price

5. Australian software firm Atlassian launches $50M venture fund

Forage, formerly InsideSherpa, raises $9.3M Series A for virtual work experiences

7. Cloud service startup Demand Sage raises $3M to make sales and marketing data more accessible

8. Watch SpaceX launch 60 more Starlink satellites for its broadband internet service live

9. Perigee infrastructure security solution from former NSA employee moves into public beta

10. Tech-driven fulfillment solution company Darkstore launches FastAF app for same-day product delivery


Image Credits: YiCai Global

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