1. China’s tech giants have lost more than $280 billion in market value as regulatory concerns mount

2. China’s Yingke PE closes $1.5b RMB fund — its third in 2020

3. TikTok-owner ByteDance to rake in $27 billion ad revenue by year-end

4. Tencent Music Entertainment Group Releases Financial Results for 2020 Q3, Reflecting Dynamic Growth

5. Sequoia Capital, Vertex Ventures join Chinese biotech startup RecBio’s $226m series B round

6. Underwater Intelligent Equipment Maker SUBLUE Raises RMB200M

7. Edtech company Aixuexi 爱学习教育集团 raised around 200million USD in Series D2 round

8. CAE software provider Shuqiao Technology 数巧科技 raised around 10million RMB in Pre-A round


Check out our latest podcast about “Inside the VC Mind Ep2: Billion-dollar Opportunities That Investors Missed (Remington Ong, Ray Yang, William Bao Bean)” here

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



1. Singapore’s Ascent Capital raises $88m for debut Myanmar-focused fund

2. Scorpio Electric raises US$6.3M to develop zero-emission, smart e-motorcycles for SEA

3. Lightspeed, Elevation Capital lead $3.2m seed round in Indian celebrity-powered learning startup FrontRow

4. Indian educational toymaker PlayShifu in talks to raise $15-20m Series B



1. German start-up Lilium snags Orlando deal to launch U.S. hub for flying taxis

2. India to regulate streaming services, online content

3. India approves Google’s $4.5 billion deal with Reliance’s Jio Platforms

4. Vietnam rebukes Netflix, Apple, over lack of tax payments

5. Tencent co-leads $50m series C round in healthtech startup Congenica

6. Chinese video livestream service Douyu Applies To Be Delisted From NASDAQ



1. London and SF have become Impact Tech hubs, with 280% increase in VC in 5 years

2. European pre-seed and seed-stage VC Seedcamp raises £78M for its fifth fund

3. Dish enlists Qualcomm as partner to build out 5G network

4. Honda says will be first to mass produce level 3 autonomous cars

5. Rivian is making its hands-free driver assistance system standard in ‘every vehicle’ it builds

6. Snap acquired, which makes AI-based voice agents for call centers

7. Mercedes-Benz Berlin plant boss to join Tesla, union says

8. Cybersecurity company Palo Alto Networks to acquire Expanse in deal worth $800M

9. SentinelOne, an AI-based endpoint security firm, valued at more than $3 billion in funding round

10. E-commerce startup Heroes raises $65M in equity and debt to become the Thrasio of Europe

11. Fishtown Analytics raises $29.5M Series B for its data engineering platform

12. So Good So You Lands $14.5M To Stay In Competitive Juice Market

13. Bumped Raises $10.4M For Program That Gives Equity As Shopping Rewards

14. Mozart Data lands $4M seed to provide out-of-the-box data stack


Image Credits: CNBC

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