1 China Launches Long March 5 Rocket For Lunar Probe Successfully

2 China’s 5G Online Terminal Connections Surpass 100 million

3 Second digital yuan lottery to launch in Suzhou

4 China’s CDH Investments secures first close of data centre fund at $228m

5 Tencent investing $150m more in insurance tech startup Waterdrop

6 Bytedance Expands Search Ads to compete with Baidu

7 ByteDance refocuses on casual games to take on Tencent and NetEase

8 Xiaomi posts 34 per cent rise in revenue on back of overseas growth as Huawei leaves a gap

9 JD Logistics Preparing for IPO Next Year? Estimated Valuation to be $40B

10 hires 15,000 workers for expanding logistics network

11 Truck Driver Dispatch Firm Manbang raises $1.7 Billion

12 GL Ventures, LAV co-lead $50m Series A funding in vision therapy firm Elumninex


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 India bans 43 more Chinese apps over cybersecurity concerns

2 India’s Cars24 turns unicorn with $200m funding led by DST Global

3 Two of India’s largest green energy firms, ReNew and Greenko keen to buy out Chandigarh’s electricity distribution company (discom)

4 Police case filed against Netflix executives in India over ‘A Suitable Boy’ kissing scene

5 Indonesian lending app Kredivo closes $100m debt financing from Victory Park Capital

6 Indonesia’s BRI Ventures’s Sembrani Nusantara fund hits first close at US$10M

7 Jakarta, Singapore named as top global fintech ecosystem in new report

8 Pulsifi, a Singapore and Malaysia HR start up bags US$1.8M angel round to expand its smart platform to Europe

9 Ming Maa’s three-pronged plan for Grab in 2021: Last-mile logistics, fintech, merchant services



1 Garuda Capital acquires minority stake in HK-based FinLink Technology, a cross border payment

2 Exide Industries increases stake in JV with Swiss firm Leclanche for $4.5m to build lithium-ion batteries and provide energy storage systems for India’s electric vehicle market 

3 Finland finance institution’s Finnfund extends $5.5m senior loan to Myanmar’s Early Dawn Microfinance 

4 Retailer MINISO Accelerates Expansion in Europe and Beyond

5 Warburg’s Perlman bullish on SE Asian tech players tapping IPO route in few years



1 Elon Musk now world’s second-richest as Tesla market value crosses US$500 billion

2 Uber Finally Hits $90 Billion Market Cap

3 Japan’s Mitsui Sumitomo to invest $350m in US insurance startup Hippo

4 Japan’s Nikkei up nearly 2% as Asia-Pacific shares mostly rise after Dow surges to a new record

5 Unicorn Hippo Insurance Raises A Fresh $350M

6 HMBradley, digitl banking platform Raises $18.25M To Bank On Consumer Saving Habits

7 Vanti Analytics Raises $4.5M Seed For Manufacturing AI

8 Gen Z Social App F3 Raises $3.9M Seed Round 

9 Korean fintech firm Qara raises $3m in series A funding round

10 Phood Heats Up $2M Seed to Reduce Food Waste


Image Credits: China Money Network

Start typing and press Enter to search