CHINA:

1. China’s central bank says Ant’s IPO suspension is to safeguard consumer, investor interests

2. Nasdaq-listed Chinese electric carmaker Li Auto apologises for passing off recall of 10,469 Li ONEs as ‘upgrade’ offer

3. Alibaba posts better-than-expected earnings but disappoints with tepid user growth

5. Chinese Semantic AI Startup Emotibot Raises RMB200 Million

6. Chinese edtech startup VIPThink 豌豆思维 bags $180m in round led by Vision Fund 2

7. Ant Group-backed e-signature provider Esign bags $151m in series D round

8. Sequoia-backed cloud service provider Yuntongxun nets $125m in Series F round

9. Chinese autonomous truck startup Inceptio raises $120m from CATL, others

 

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

 

MOBILE-ONLY MARKETS:

1. KK Fund partners with IGPI Singapore to launch Southeast Asia acceleration program

2. India’s Zomato set to raise $146m in final funding push before IPO

3. Indian gaming platform WinZo sets up $5m fund to fuel local development

4. Indian EV startup Charge+Zone raises USD 3 million pre-Series A round

5. India’s most viewed local video app MX Player is raising $200m, sees 400% growth

6. IT firm Logicalis Asia acquires Singapore-based digital company iZeno

7. Singapore-based accounting app Osome raises USD 3 million to further develop AI-based services

 

CROSS-BORDER:

1. Google, Walmart’s PhonePe hit by India’s move to limit some digital payments players

2. Huawei appeals against 5G network ban in Sweden

3. Pinduoduo signs MoU with Denmark, Aiming to Bring More Danish Products to Chinese Consumers

4. Amazon to invest $2.8 billion to build its second data center region in India

5. LingoAce to expand its Chinese language learning platform to Thailand, Indonesia with US$6M Series+ led by Sequoia

6. Singapore’s blank cheque firm Tiga Acquisition files for US$200M IPO in US

7. Users can now send money through WhatsApp in India’s massive digital payments market

 

OVERSEAS:

 

1. Netflix tests a linear video channel

2. New PlayStation and Xbox enter $150 billion games arena

3. Nissan plots digital course for car sales in a post-pandemic world

4. Hummingbird Ventures raises $200m for seed, opportunity funds

5. U.K.-based online bank Starling is reportedly seeking to raise a new £200 million round

6. Spain’s All Iron Ventures closes €66.5M first fund

7. UK software firm Aveva to raise $3.73 billion to fund OSIsoft deal

8. Edgard & Cooper Bags $26M To Expand Fresh Pet Food Business

9. Provizio closes $6.2M seed round for its car safety platform using sensors and AI

10. Slintel grabs $4.2M seed to grow sales intelligence platform

 

Image Credits: KrAsia

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