CHINA:
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 JD.com 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
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MOBILE-ONLY MARKETS:
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
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
CROSS-BORDER:
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
OVERSEAS:
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