CHINA:
1. Alibaba to transform BMW’s China business
2. Chinese Autonomous Driving Startup Pony.ai Reportedly Raises $300 Million At $6B Valuation
3. China’s industrial supply platform ZKH nets $315m led by YF Capital
4. Geely-backed intelligent auto developer ECARX nets $194m Series A led by Baidu
5. Bizseer Technology 必示科技, Developer of AIOps for enterprises, raised 150m RMB in Series B
6. Chinese used car trading platform TTP bags $168m from Autohome
7. Chinese biotech firm Genecast secures $149m in Series E round
8. Sequoia invests $45m in consumer product brand VanTop
9. Shenzhen-headquartered smart parking platform ChinaRoad bags $30m from Tencent
10. Shunwei leads $22m funding in fruit tea chain brand Sweet7
Check out our latest podcast about “China’s Cross-Border Luxury Ecommerce: The Past & The Present, with Claire Chung, Former China GM of Yoox Net-A-Porter Group” here
Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here
MOBILE-ONLY MARKETS:
1. Flipkart beats out Amazon in first leg of India’s festive season sales
2. India: Tata group eyes majority stake in online grocer BigBasket
4. Paytm’s Vijay Sharma invests in hotel chain startup Treebo’s $1.4m round
5. Ex-Flipkart execs’ retail tech startup Arzooo nets $7.5m in series A round
6. Indian video creation and editing platform InVideo raises $15 million
7. Hiring platform Betterplace bags $10m in Jungle Ventures-led series B round
8. Revenue-based financing startup GetVantage bags $5m in seed round
9. Agritech supply chain startup Origo raises US$4.7M
10. Thai Siam Commercial Bank launches new food delivery platform
CROSS-BORDER:
1. India could contribute up to 20% of Amazon’s growth in next 5 years, tech investor Gene Munster says
2. TikTok to hire 3,000 engineers as it expands globally
OVERSEAS:
1. U.S. FCC votes to maintain 2017 repeal of net neutrality rules
2. Deep tech VC fund The Engine raises $230M for its second fund from MIT and new backer Harvard
4. JPMorgan creates new unit for blockchain projects, says the technology is close to making money
5. Mercedes bets on evolution as Tesla touts revolution in automated driving
6. Hyundai’s Motional partners with Via to launch U.S. robotaxi service in 2021
7. Waymo, Daimler to partner in developing self-driving semi trucks
8. Shopify to partner with TikTok in bid to woo more merchants to site
9. Trailblazer Kesha Cash Raises $55 Million For Impact America Fund
11. Online wholesale marketplace Faire now valued at $2.5B following $170M Series E
12. SimilarWeb raises $120M for its AI-based market intelligence platform for sites and apps
13. Accel-backed Eagle Eye Networks Brings In $40M Series E For Video Surveillance
14. Cloud-native analytics company Rockset announces $40M Series B
15. Israeli startup Salto Inks $27M In Funding To Improve Business Operations
16. French Scale-up Odaseva Raises $25M To Continue Global Expansion
17. InVent joins Paronym’s US$6.5M Series B to help it expand its interactive video solution to Thailand
18. Lightyear Powers Enterprise Networks with $3.7M Financing
19. Stark raises $1.5M for a toolkit that helps developers and others create more inclusive design
Image Credits: DealStreetAsia