CHINA:
1 China rebukes internet companies for weak user data protection in their apps
2 China’s live-streamers use fake traffic and virtual gifts to draw real eyeballs
3 China’s Alibaba, Tencent put talks to acquire iQIYI’s stake on hold
4 Alibaba vies for a piece of China’s booming EV market
6 Xiaomi Head Resigns Amid Controversies After Calling Fans “Losers”
8 GL Ventures leads $265m Series C round in Chinese SaaS edtech firm EEO
Check out our latest podcast about “Rapid Accession of China’s Capital Market Post COVID with Benjamin Qiu, Legal Expert on Cross-border Investment (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
MOBILE-ONLY MARKETS:
1 India sets rules for commissions, surge pricing for Uber and Ola
3 Indian fintech firms push digital EMIs to new offline frontiers
4 India’s Vodafone Idea ties up with edtech, healthcare firms to generate revenue
5 Walmart’s Flipkart dominates India’s e-commerce festive sales as overall GMV grows
6 Indian online beauty retailer Nykaa bags funding from Fidelity Investments
7 Indonesian gov’t pushes for E-wallet LinkAja IPO within the next year and a half
9 Ex-Senator of Japan joins Myanmarese food delivery app Hi-So’s new funding round
CROSS-BORDER:
1 Japan to help India with 5G to counter China’s growing influence
2 Chinaccelerator names 6 SaaS startups in 18th cohort
3 PropertyGuru buys Malaysia’s largest online property data firm MyProperty Data
4 Hongkong’s Pickupp snags Series A funding to expand last-mile logistics platform in Southeast Asia
5 2C2P receives Myanmar license to roll out cross-border remittance service
OVERSEAS:
1 EU clears Altice, Allianz, Omers acquisition of Covage
2 UK to set up ‘pro-competition’ regulator to put limits on big tech
3 Facebook’s Libra could launch in January
4 Tesla’s Delayed Semi Truck Tests Elon Musk’s Ability to Scale Up
5 Microsoft Announced a ‘Productivity’ Feature That Lets Managers Keep Track of What You’re Doing
6 GitHub is forcing Microsoft to deal with thorny controversies two years after acquisition
7 Italy’s UniCredit discusses governance as CEO’s future in doubt
8 Hyundai, Kia agree to $210 million U.S. auto safety civil penalty
10 Former Zappos CEO Tony Hsieh Dies at 46
Image Credits: Bloomberg