1 China saw first online payment using Digital Currency Electronic Payment

2 China fines Alibaba, Tencent unit for antitrust violations

3 Tencent, CICC co-lead $153m round for Chinese fresh produce supply chain firm, Yonghui Fresh Food

4 Baidu Capital Leads $100 Million Round In Digital Healthcare Services Firm Weimai

5 ups stake in China’s grocery delivery race with $700m Xingsheng investment

6 Kuaishou Affiliate Becomes Second-largest Shareholder of Gaming Startup Rhinos Interactive

7 Eclipsed by Its Predecessor, Double 12’s Statistics Revealed

8 Busy year ahead for Chinese Tesla challengers Nio, Xpeng, as industry body forecasts 40 per cent rise in deliveries


Check out our latest podcast about “Open Innovation in Healthcare from Academia to Corporates to Startups: She Loves Tech Series with Dr. Yongqin Zeng, Senior Director Innovation Lead at Philips Venture” here

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here



1 Ride-hailing giant Ola to invest $326m to set up EV manufacturing plant in India

2 Arya raises $21M to provide farmers in India finance and post-harvest services

3 India’s PhonePe raises $20m from Flipkart

4 Vietnamese’s Homebase bags 7-figure pre-Series A round to expand property financing platform in SEA

5 Appboxo, app integration platform, snags US$1.1M seed funding

6 Indonesia’s new sovereign wealth fund may feel ripples from Malaysia’s 1MDB scandal

7 IFC provides $120m loan for LOGOS to develop logistics assets in Greater Jakarta



1 Indian engineers lead integration of Uber Eats app in Japan, Belgium

2 US court hears appeal challenging order blocking China’s TikTok app store ban

3 Apple to remove all unlicensed games from China App Store



1 Google’s apps crash in a worldwide outage.

2 Amazon Zoox unveils self-driving robotax

3 EU Council wants secure encryption and lawful data access

4 Facebook publicly launches its collaborative music video app, Collab

5 Social network firm Reddit to buy short-video platform Dubsmash

6 Vista acquires IT education platform Pluralsight for $3.5B

7 EA to buy racing game developer Codemasters for $1.2 billion, outbidding Take-Two

8 iCIMS, a recruitment firm, acquires video recruiting startup Altru for $60M

9 Indico, AI enterprise provider, raises $22 million to automate enterprise processes

10 German Bionic raises $20M led by Samsung for exoskeleton tech to supercharge human labor

11 Truera raises $12 million for its AI explainability platform

12 Cledara, the SaaS purchase and management platform, raises $3.4M funding

13 EdTech boom continues as IntellectoKids raises $3M from Allrise Capital and others


Image Credits: Tech in Asia

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