China:

1. China sees sharp YoY increase in National Day travel according to Didi data

2. Social e-commerce in China has much higher conversion rates than traditional ones

3. Meituan shares hit historical high after Golden Week surge

4. Chinese proptech firm Fangdd files for US IPO targeting $150 million

5. Yun Li 云砺信息(票易通), a provider of SaaS industry solutions, received nearly $100 million in Series C funding

6. DaShenLin Pharmaceutical-backed genetic testing start-up Genebox raises $14 M in Series A round from Centurium Capital

7. AI voice interactive chip provider Xin Sheng Zhi Neng 芯声智能 raised 10 million RMB in Pre-A round

8. Chinese startup Easy Transfer is making cross-border payments easier for overseas students

 

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Emerging Market:

1. Inventus Capital closes maiden India-focused fund at $52m

2. Indonesian Fintech company Ovo confirms unicorn status

3. Troubled realty-focused lender Altico Capital seeks to raise $280m

4. Indian jewellery brand Melorra raises $12m from Lightbox, others

5. Indonesia-based startup TouchTen secures funding to boost gaming for women

6. Thai car rental platform Drivehub eyes Southeast Asia expansion after $1m raise

 

Cross-Border:

1. China attacks Apple for allowing Hong Kong crowdsourced police activity 

2. China’s AI unicorn SenseTime allies with Japan’s MOL to prevent ship collisions

3. Temasek backs $100m Series C in US AI firm SparkCognition

 

Overseas:

1. Uber’s newest feature alerts drivers that pets will be joining the ride

2. Fitbit says it will shift manufacturing out of China to avoid tariffs

3. Ex-Bungie chief’s ProbablyMonsters raises $18.8 million for two triple-A game studios

4. Sequoia-backed beauty tech startup Yours raises USD 3.5 million seed round

5. Sweepr raises $9 million to diagnose smart home devices in real time

6. Eureka Robotics’ new robotic arm is designed for optical lenses and mirrors

7. Rasa’s conversational AI can selectively ignore bits of dialogue to improve its responses

 

Image Credits: kr-asia

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