CHINA:
1. APAC tops global M&A activity in Q3 as PEs lap up assets at lower valuations
3. Qiming Venture Raises $1.2 Billion For Fund VII
4. Pinduoduo to raise US$6.1bn to invest in online produce business, smart manufacturing
5. Chinese Tesla rival Nio reports largest quarterly deliveries in Q3
6. NY-listed China’s cash-strapped Danke Apartment seeks buyer
7. Tencent to invest in online education startup Udemy
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MOBILE-ONLY MARKETS:
1. Malaysia-based inventory management platform Food Market Hub raises $4 million from Go-Ventures, SIG
2. Sequoia-backed Indian insurtech startup Turtlemint raises $30m in a round led by GGV Capital
3. Indian customer intelligence platform Zeotap raises $18.5m in extended Series C
4. Indian content management startup Quintype bags $3.4m in series A round for Singapore expansion
6. Singapore-based app Muslim Pro accused of selling data to US military
7. SG’s waste management firm Blue Planet receives $10m from Sysma Holdings
8. Indonesian F&B startup Hangry in talks to raise up to $15m in Series A
CROSS-BORDER:
1. Daimler to develop next-generation engines with China’s Geely
2. Payments app True Balance raises $28 million to reach more underbanked users in India
3. Singapore’s edtech company LingoAce to expand into Indonesia after $6m capital raise
4. Lufax spinoff and Thailand’s KBank launch wealth management platform
5. Cathay Capital invests $53m in New Zealand’s geoskincare
OVERSEAS:
1. Phoenix okays development deal with TSMC for $12 billion chip factory
2. IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision
3. Nvidia beats on both earnings and revenue, sales up 57%
4. Google Pay to add banking features in 2021
5. UK electric vehicle maker Arrival is going public via SPAC at a $5.4 billion valuation
6. TikTok’s latest safety update allows parents to control their kids’ accounts
7. Robinhood looking at potential IPO
8. Facebook launches E.gg, an experimental collage making app
9. Quid raises $320M to loan money to startup employees using their equity as collateral
10. Marketing automation platform Klaviyo scores $200M Series C on $4.15B valuation
11. Digital marketplace Heyday unveils platform, $175M Series A
12.Addepar inks $117M for wealth management platform
13. Spring Health Provides Path To Mental Health Benefits With $76M Series B
14. Yubo could be the next big social app as it raises $47.5 million
16. Language learning app Duolingo confirms it has raised $35M on a $2.4B valuation
17. Cloudbolt announces $35M Series B debt/equity investment to help manage hybrid cloud
18. Fireblocks Ignites $30M Round For Blockchain Infrastructure
19. Headway raises $26M to help people find therapists, and therapists to accept insurance
20. AI startup Abacus.AI Lands $22M Series B
21. Bond Vet raises $17 million to be the CityMD of veterinary care
22. Tutor marketplace GoStudent takes its Series A to €13.3M with Left Lane Capital and DN Capital
23. OXIO Calls On $12M Series A To Unbundle Mobile Telecom Infrastructure
24.Farmstead, a grocery startup with a focus on software, raises $7.9M
25. Northstar Promotes Employee ‘Financial Wellness’ With $7.3M Series A
26. Making Landlord Life Easier, NestEgg Raises $7M Series A
27. Israeli startup Ride Vision raises USD 7 million to save riders’ lives with collision-aversion tech
28. Facio Raises $5M Seed Supporting Brazilian Payroll Loan Platform
29. Grouparoo raises $3M to simplify SaaS integrations
Image Credits: Yicai Global