CHINA:
1. Shenzhen turns 40 with busiest stock exchange eclipsing Hong Kong, Tokyo, Seoul
2. China’s Alibaba restructures gaming unit to challenge Tencent, NetEase
3. Geely launches electric vehicle manufacturing platform
4. JD.com to work with PBOC on digital yuan
5. Goldman-backed Chinese pet services firm Boqii sets terms for $77m IPO
6. Chinese escommter Ninebot’s IPO highlights Beijing’s eagerness to lure home listings
7. Gene Therapy Drug Startup OBiO Raises RMB300 Million
8. Wework China secures $200 million, cedes control
9. Electric Bicycle Battery Change Operator Immotor Completes C1 Round
11.Robotic process automation Cyclone bags nearly $40m in a Series B round
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MOBILE-ONLY MARKETS:
1. Koh Boon Hwee, tech veterans launch US$100M+ VC fund Altara Ventures for SEA
2. ShareChat gives 50% additional ESOPs as bonus to existing employees
3. Beyond Limits secures US$133M to expand AI technology globally
4. Malaysian co-working spaces operator WORQ secures US$2.4M from Phillip Capital, others
5. Indonesian edtech startup Zenius in talks to raise $20m in pre-Series B
6. India: telecom major Bharti Airtel acquires strategic stake in tech startup Waybeo
CROSS-BORDER:
1. ByteDance applies for tech export licence in China amid TikTok deal talks
2. Tesla expects approval for battery cells plant in Berlin
3. Tesla Sues US Government over Tariffs on Chinese Imports
4. WeWork sells majority stake in Chinese entity, seeks localization
5. Taiwan e-commerce group PChome launches service in Southeast Asia
6. Taiwan’s Foxconn leads $22m Series A funding in US touch screen performance producer SigmaSense
OVERSEAS:
1. Congress will try again in 2021 on self-driving car reform
2. Peterson Ventures, a firm that quietly backed Allbirds and Bonobos, just closed a $65 million fund
3. Palantir says in updated filing it expects 42% revenue growth this year to $1.06 billion
4. Volkswagen’s electric SUV opens a new front against Tesla
5. Tesla’s value drops $50 billion as Musk’s promised cheaper battery three years away
6. Israel’s Mobileye, Dubai’s Habtoor partner on self-driving cars
7. Next Insurance, insurance provider for small business, lands $250M Series D
8. Sneaker culture staple GOAT hits $1.75 billion valuation on new $100 million round
9. SpotOn Raises $60M Series C To Support SMB Growth
10. Uncapped picks up another $26M to offer revenue-based finance to European entrepreneurs
11. ‘AI-powered’ fitness app Freeletics scores $25M Series B
13.Endel raises $5M to create personalized ‘sound environments’ that improve productivity and sleep
14. Kard raises another $3.5 million for its challenger bank for teens
Image Credits: Pandaily