CHINA:
1. Chinese regulatory probe delays approval for Ant’s IPO
3. GIC ups its stake in Chinese used-car dealer startup Uxin
4. Shanghai electric carmaker WM Motor kicks off Star Market listing process
5. JD Health buys into insurtech firm Shanghai Kingstar Winning ahead of HK IPO
6. Luckin Coffee and Complicit Companies Fined for Millions of Fake Transactions
7. Chinese biotech firm EdiGene nabs $67m from Sequoia, IDG, others
9. Shaonian Dedao 少年得到 scores USD 30 million in Series B amid China’s online education boom
10. Phone brand OnePlus co-founder leaves to start new venture
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MOBILE-ONLY MARKETS:
1. Indonesia to create firm to build up electric vehicle battery industry
2. Nuvemshop Bags $30M Series C To Scale Latam Online Businesses
3. ThitsaWorks gets funding from BOD Tech to offer digitisation solutions to Myanmar’s banks, MFIs
4. Retailo raises USD 2.3 million pre-seed for its B2B ecommerce marketplace in Saudi & Pakistan
5. Tiger Global-backed restaurant brand Wow! Momo raises $6.1m from Anicut Capital
6. India’s content marketplace Pepper Content raises $4.2m Series A led by Lightspeed India, others
CROSS-BORDER:
2. Hyundai’s new Singapore R&D hub features helipad for flying cars
3. Apple OEMs To Move 15-30% Production Out Of China
4. Alibaba’s Cainiao Partners with Atlas Air To Launch Asia to South America Charter Program
5. Singapore’s GIC invests in US-based self-storage player StorageMart
OVERSEAS:
1. Apple enters 5G race with new iPhone 12 range
2. Supply chain software firm E2open nears deal to go public
3. McAfee looks to raise up to $814 million in U.S. IPO
4. Astroscale, which fixes and extends the life of satellites in orbit, raises $51 million
5. SoftBank invests $215 million in education start-up Kahoot as coronavirus boosts e-learning
6. Armory Raises $40M Series C For SaaS Platform
7. Spendesk raises another $18 million for its corporate card and expense service
8. Qatalog, the ‘virtual workspace’ rebundling SaaS tools to help teams function better, raises $15M
9. Men’s health subscription startup Numan closes £10M Series A funding round
10. Cyberpion raises $8.25M in seed funding to help businesses secure assets beyond their firewall
11. Edge computing startup Edgify secures $6.5M Seed from Octopus, Mangrove and semiconductor
12. Caliber, with $2.2 million in seed funding, launches a fitness coaching platform
Image Credits: Reuters