CHINA:
1 Chinese EV industry reaches a tipping point amid wider user adoption
2 A sum of china’s tech firms rush to deliver solutions for grocery shopping
3 Suning.com’s e-commerce and online retail unit raises $912m Series A funding
4 Chinese retailer Suning.com mulls e-commerce business stake sale
5 Chinese commercial satellites developer Chang Guang raises $374m
6 Chinese smart city operator CCI nets $76m in a pre-D funding round
7 Cloudwise, corporate digital solutions provider, raises $60m
8 SoftBank backs FineMEMS’s (Senors & System product) $30m Series D
9 China’s Flexible Screen Unicorn Royole Aims For IPO
10 Ziroom Acquires Bestbond, Expanding Business Amid Rental Industry Bankruptcy Buzz
Check out our latest podcast about “Rapid Accession of China’s Capital Market Post COVID with Benjamin Qiu, Legal Expert on Cross-border Investment” here
Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here
MOBILE-ONLY MARKETS:
1 Indian SaaS startups to capture 7-9% global marketshare by 2022
2 Agritech startups are using modern tech to solve key problems in Indian agriculture
3 India’s Oyo still has $1 billion in cash
4 Indian talent intelligence startup Eightfold AI gets unicorn tag with $125m funding
5 Indian edtech startup for government exams Habitat raises $679k in seed round
6 Indonesia’s Pintek bags $5m led by Finch Capital
7 East Ventures backs Desty, Indonesia’s s-commerce solution platform
8 Singapore’s Tazapay raises $3.2m led by Sequoia India’s Surge
9 Singapore messaging startup, Aampe raises $1.8M from Surge
10 SG’s Saas Platform Credify raises seed funding
11 Thailand is set to dominate Southeast Asia’s IPO market in 2020, says Deloitte
12 Thai e-commerce distributor N-Squared raises Series A to expand across SEA
13 Quest Ventures leads $750k round in Kazakhstan HR tech startup Clockster
14 Pakistani fashion e-commerce startup Clicky.pk snags $700k
CROSS-BORDER:
1 American investors could pay the price as the U.S. moves to blacklist more Chinese firms
4 Police seize $4 billion, US worried about China’s crypto lead
5 NEC’s next CEO eyes global 5G demand as pressure on Huawei mounts
6 Sherpa Ventures launches $1m debut fund for African tech startups
OVERSEAS:
1 Online sales reach $10.8 billion on Cyber Monday, the biggest U.S. e-commerce day ever
2 Amazon and Apple Shift From Intel’s Chips, Driving Industry Change
3 Amazon launches new AI services for DevOps and business intelligence applications
4 Amazon debuts Trainium, a custom chip for machine learning training in the cloud
6 Facebook-backed Libra Association has been renamed Diem
7 SoftBank arm buys 10.1% stake in Swedish cloud computing firm Sinch
8 Qualcomm announces the new Snapdragon 888 chip
9 S&P’s plan to buy IHS may draw antitrust scrutiny from Biden administration
10 Olive, AI healthcare Brings In $225.5M To Become Unicorn
11 Flock Freight, digital logistics provider Lands SoftBank-led $113.5M Series C
12 Proscia Captures $23M Series B For Digital Pathology Software
13 S Korea’s Chai Pay, mobile payment app raises $16.7m investment
14 Australian fintech startup Limepay bags $15.4m in pre-IPO round
15 YC-backed BuildBuddy raises $3.15M to help developers build software more quickly
16 Russian lender Sberbank bets on e-commerce as it seeks to expand beyond banking
17 Rig maker Canaan misses Bitcoin surge, losses top $12 million
Image Credits: Reuters