China:
2. National Bureau of Statistics: China’s auto consumption still has room for growth
3. China’s smart speaker market ‘exploding,’ strong trajectory to continue: report
5. McDonald’s: More than 3,200 restaurants in mainland China will cooperate with Disney
6. High-tech real-time bus feature has been fully integrated into Tongxiang City, covering 475 buses
7. Huawei’s new 5G base stations claim faster sub-6GHz uploads and downloads
8. Bytedance to release study companion for kids early next year
9. Chinese AI Startup Megvii goes full tilt with IPO despite US blacklisting
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Emerging Market:
1. Indian startups quicken their pace to become unicorns; India on third spot after China and US
2. Ola launches self-drive rental service in India
3. Indonesia’s online catering company Yummy Corp raises USD 7 million in Series A2
Cross-Border:
1. Huawei officially lands role in Malaysia’s 5G rollout
2. China’s Tigermed teams up with Temasek to launch $62m biotech fund
3. Tesla gets green light to start producing EVs in China
4. TikTok makes education push in India
Overseas:
2. Pensando Systems emerged out of stealth with $278 Million in backing to compete with AWS
3. Volvo to roll out a new electric vehicle every year through 2025
4. Pendo scores $100M Series E investment on $1 billion valuation
5. Invoca raises $56 million to apply AI and analytics to voice calls
6. Corelight raises $50 million to monitor networks for intruders
7. Winnow raises $12M Series B for its food waste solution for commercial kitchens
8. Ekos announces $8M Series A to build software for craft breweries
10. Proportunity raises £2M seed for its ‘help to buy’-style property lending
11. Singapore fintech firm Global Digital Payments raises $1m in seed funding
Image Credits: KrAsia