1. China’s Booming Sci-fi Industry Exceeds 60B Yuan in Revenue

2. China-focused agrifood tech VC Bits x Bites hits $30m first close of new fund

3. Ant Group’s record $34.5 billion IPO in Shanghai and Hong Kong is suspended

4. Hong Kong wants cryptocurrency trading platforms to be regulated – SFC

5. TikTok owner ByteDance relaunches online health care apps amid restructuring

6. China’s Meituan denies plans for a secondary listing on the mainland

7. Healthtech startup MegaRobo closes $30m in Series B

8. HK-based fintech startup Statrys bags $5m in angel round


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



1. Walmart’s Flipkart acquihires mobile gaming startup Mech Mocha

2. Despite pandemic, Indonesian startups raised US$1.9B in funding by Q3 2020

3. Indonesia’s iSeller, an omnichannelsales SaaS player, bags series A round from Openspace Ventures, Mandiri Capital

4. Indonesia’s travel company Tiket records spike in sales despite pandemic

5. Report: Despite pandemic, Indonesian startups raised US$1.9B in funding by Q3 2020

6. CapBay and Kenanga to form Malaysia’s first Islamic supply chain finance fintech

7. Malaysia’s iMedia acquires 90% stake in local language portal BeautifulNara

8. Pakistani fintech Tag gets in-principle approval from central bank to launch digital payments app

9. Vietnam grants 5G commercial test licenses to Viettel, MobiFone



1. Russia’s online retailer Ozon files for US IPO

2. Volkswagen takes on Tesla with first ID.4 electric models in China

3. Microsoft to invest in Ant Group-backed Indonesian startup Bukalapak



1. Canada seeks $630 million from streaming firms to fund domestic content

2. AT&T considers selling significant minority stake in DirecTV, AT&T Now and U-Verse pay-TV operations

3. SoftBank loses COO, four partners from its $100b Vision Fund

4. Walmart, Comcast in talks to develop and distribute smart TVs

5. Walmart drops plans to use robots for tracking inventory

6. Intel has acquired, a platform to manage, build and automate machine learning

7. Waymo to temporarily suspend driving operations in San Francisco amid U.S. election

8. Crypto wallet app ZenGo to launch debit card

9. REEF Technology raises $700M from SoftBank and others to remake parking lots

10. Udacity raises $75M in debt, says its tech education business is profitable after enterprise pivot

11. Sweden’s largest insurer Folksam leak shares data of 1 million Swedes with tech giants

12. Hustle Fund, a pre-seed firm, closes $30M for a new fund


13. MarketerHire raises $3M for hiring platform

14. Australia’s fintech startup Beforepay banks $2.8m from Airtasker’s James Spenceley


Image Credits: Pandaily

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