China:
2. ByteDance’s Douyin 抖音 to unveil a Karaoke mini app
3. Chinese property marketplace unicorn Fangdd 房多多 sets terms for $105m IPO
4. Social fitness app KEEP layoffs more than 300 people
5. Chinese home decor firm Kujiale 酷家乐 grabs unicorn tag with $100m Series D+ round
6. Tencent-backed database software firm Transwarp gets $71M fund from CICC-linked fund.
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Mobile-only Market:
1. Google India revenue drops by more than half owing to change in accounting method
Cross-Border:
1. Shunwei Capital backs Indian bike-taxi service Rapido’s $55m Series B round
2. Netflix launches $4 mobile-only monthly plan in Malaysia
3. Indian hospitality startup OYO Hotels launches Japan service
4. Temasek said to invest in Vietnamese logistics firm Scommerce
Overseas:
1. Google achieves state-of-the-art NLP performance with an enormous language model and data set
2. Google is training graph neural networks to predict smells
3. Apple seeks AR headset patent for clear lenses that can turn opaque
4. Fintech startup Revolut launches publicly in Singapore, signs deal with Mastercard
5. Verve, an events platform based around influencers, raises $60M and rebrands as Pollen
6. Very Good Security raises $35 million to protect companies’ private customer data
7. Grafana Labs nabs $24M Series A for open source-based data analytics stack
8. Mobile banking app Current raises $20M Series B, tops half a million users
9. Augmedix raises $19M to streamline physician services with automated note-taking
10. Ally raises $15M Series B to scale its OKR-focused service
11. Incode raises $10 million to verify identities with AI
12. Tonkean loops humans into no-code, last-mile RPA with a $7.2 million seed round
13. Cybersecurity automation startup Tines scores $4.1M Series A led by Blossom Capital
Image Credits: KrAsia