CHINA:

1 China’s market regulator flexes muscles, signalling Wild West era of unchecked Big Tech growth is over

2 China adds a fifth bad-debt manager to prepare for decade-high dud loans as Covid-19 weighs on banks and borrowers

3 Huawei HarmonyOS 2.0 Beta Launches for Smartphone App Developers

4 China’s fintech giants led by Ant Group retool and innovate, as they roll with the punches in new regulatory landscape

5 China’s Meituan Refutes Claims that it Charges Subscribing Members Higher Delivery Fees

6 Tencent, Temasek-backed Chinese AI major MiningLamp raises $200m Series E+ round

7 Chinese IoT platform Rootcloud raises $122m Series C led by IDG Capital

8 SoftBank-backed Chinese warehouse solutions startup, Quicktron, bags $100m in series C+ round

9 China’s healthcare-focused LYFE Capital leads $92m funding in biotech firm ABclonal

 

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

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MOBILE-ONLY MARKETS:

1 Indian food tech unicorn Zomato raises $660m at $3.9b valuation

2 India’s Ayana Renewable gets $390m funding from CDC, NIIF, EverSource

3 PE firm Convergent Finance invests $27m in India’s solar glass maker Borosil Renewables

4 PagarBook, staff management solutions provider, raises $15m in Series A funding from Sequoia, India Quotient

5 TurtleTree Labs closes US$6.2M pre-Series A round to accelerate R&D of cell-based human milk

6 Gojek picks up 22% stake in Bank Jago, opening door to digital banking for customers

7 Line-backed iPrice, Malaysia’s e-commerce, pitches shopping to likes of Grab and Gojek

8 Thailand’s bid to become Asia’s medical hub

 

CROSS-BORDER:

1 US blacklists dozens of Chinese firms including top chip maker SMIC

2 China’s Huawei to build network equipment factory in France despite 5G equipment curbs

3 China’s drone maker DJI says products to remain on sale despite US restriction

4 Facebook relaunches Instagram Lite app, begins test in India

5 Google expands languages push in India to serve non-English speakers

6 Apple puts its manufacturing contract partner Wistron on probation after violence at India plant

 

OVERSEAS:

3 LG is launching a robot that disinfects surfaces amid the coronavirus pandemic

5 Full self-driving mode will open to all Tesla owners with monthly subscription

6 Automation Platform UiPath Files Confidential S-1 To Go Public

7 Dating-App, Bumble Reportedly Files Confidentially For IPO

8 Foresight raises $15M for its construction workers compensation platform

9 V7 Labs raises $3M to help AI teams ‘automate’ training data workflows

10 EV start-up Canoo unveils new vehicle ahead of Nasdaq debut

Image Credits: Deal Street Asia

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