1. Hurun China Rich List 2020 Released, Jack Ma Ranks #1 for Third Year

2. Chinese VC Source Code Capital 源码资本 closes fourth RMB fund at $567m

3. Evergrande’s electric car unit kicks off Star Market listing process, hires Haitong Securities for pre-listing tutoring

4. Online education startups Yuanfudao 猿辅导 and Zuoyebang 作业帮 raise billions

5. Chinese ride-hailing firm Shouqi Yueche 首汽约车 raises Series C funding

6. Following Beike’s IPO, property portal 诸葛找房 raises USD 15 million

7. On-demand drug delivery firm Dingdang Kuaiyao 叮当快药 raises USD 150 million in Series B+ from SoftBank, others

8. Sinovation leads $30m in industrial internet services developer Deltaphone

9. Cool College, SaaS for employee training services, bags $14m Series A+ round

10. Niaoyuhuaxiang 鸟语花香, B2B service provider for pet goods, raised 20million RMB in Pre-A round

11. Financial information service provider Jingdata 鲸准 raised 100million RMB in Series B round


Check out our latest podcast about “Inside the VC Mind Ep1: The Top Mistake that Founders Make During Fundraising (Helen Wong, Gary Yang, Jeff Chi)” here

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here



1. Indian DIY startup Dukaan bags seed funding from Matrix, Lightspeed

2. Accel, Sequoia Capital India invest in marketing intelligence startup Slintel

3. Bangladesh needs to rebrand itself to attract more investors

4. Indonesia’s GudangAda in advanced talks to raise Series B round early next year



1. Nearly half of Netflix’s new subscriber growth came from Asia-Pacific

2. Netflix turns to telecoms tie-ups in challenging African markets

3. Free-to-play fantasy game ‘Genshin Impact’ revenues soar as China gaming goes global

4. Sweden bans Huawei, ZTE from upcoming 5G networks

5. Latin American payment giant Mercado Pago rises amid pandemic, with an eye on China’s Ant

6. Leading a $15 million round, Prosus Ventures makes the challenger bank Klar its first bet in Mexico

7. Line launches banking services on its messaging app in Thailand

8. Chinese tech firms eye Singapore base amid US-China tensions, coronavirus border closures



1. U.S. tries to get Huawei blocked from Brazil’s 5G networks with $1 billion financing pledge

2. Japanese VC aStart raises $36m for space tech-focused fund

3. Microsoft partners with SpaceX to connect Azure cloud to Musk’s Starlink satellite internet

4. Google sued by DOJ in antitrust case over search dominance

5. Netflix falls short on new subscribers as pandemic boost fizzles

6. Root, the parent company of Root Insurance, seeks $6.34B valuation in pending IPO

7. Perch, a startup that acquires D2C businesses, raises $123.5M for brands on Amazon

8. Handshake Gets An $80 Million Cash Infusion For College Recruiting Platform

9. Dublin’s LearnUpon raises $56M for its online learning management system for enterprises

10. Cyber intelligence company 4iQ said it raised $30 million in Series C funding

11. Venn, a network hoping to be gaming’s answer to MTV, raises $26 million

12. Brazil-based health plan operator Sami raised $16.8 million in Series A

13. Zest AI, a company that makes software for credit underwriting, raises $15M from Insight Partners

14. Math learning platform Knowledgehook raises £13.5M Series A to expand globally

15. Fabric Closes $9.5M Seed For E-commerce Platform

16. Sym raises $9M Series A for its security workflow platform

17. Vectary, a design platform for 3D and AR, raises $7.3M from EQT and Blueyard

18. Synthetaic raises $3.5M to train AI with synthetic data

19. Jam raises $3.5 million to Figma-tize product collaboration

20. Robotic kitchen startup YPC raises a $1.8M seed round


Image Credits: KrAsia

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