Overseas:
3. Volkswagen a winner as EU set to favour wifi over 5G in cars
5. Cybersecurity software maker CrowdStrike hires Goldman Sachs to lead IPO
6. Goldman-backed fintech startup Marqeta launches in Europe
7. Cloud software company Qualtrics plans to follow rival SurveyMonkey to the public markets
10. SoftBank’s Vision Fund invested $100 million in Brazilian delivery start-up Loggi
11. Nikon led a $95 million financing round in Berkeley Lights, a digital cell biology company
13. A cloud AI company Paperspace closes $13M series A round to accelerate mass adoption of AI
14. Domio just raised $12 million in Series A funding to build ‘apart hotels’ across the US
China:
1. Alibaba looks to take this year’s $25 billion Singles Day sales event international
2. Dida Chuxing Turns Into China’s Second-Largest Web Driver as Cabs Come Back
5. Toutiao started Pre-IPO fundraising ( rumor)
6. TuSimple is first to get China’s nod to road test driverless trucks
7. Chinese Insurer Ping An Launches Cloud to Challenge Giants Alibaba, Tencent
8. Alibaba and SenseTime-backed Hong Kong AI lab announces first batch of startups to receive funding
Cross-border:
Chinese crypto wallet Cobo raises US$13M to enter US, Southeast Asia
Emerging Market:
1. Indonesian adtech startup StickEarn, Grab team up to launch in-car retail experience StickMart
2. Go-Jek VP sanctioned over Facebook post on company’s LGBT stance
4. Indonesian VC backs tech-enabled coffee shop Kopi Kenangan with $8m seed funding
5. Middle East ride-hailing company Careem secured $200 million from existing investors
Cover picture credits from Yicai Global