1. Chinese tech founders are scrambling to survive US blacklist

2. Bytedance rumoured to IPO in first quarter of next year, but Bytedance management denies it

3. Alibaba confirms acquisition of enterprise collaboration solution, Teambition, to integrate with Alibaba Cloud and Ding Ding products

4. Tencent Music and Sony Music Entertainment announced renewal of strategic cooperation

5. Meituan rolls out its own platform for mini programs

6. Chinese WeWork rival Ucommune files for US IPO, sources say

7. Yalla Technology, Chinese voice-chat app focusing on the Middle East market, gears up for US IPO

8. CRO company Fang En 方恩医药 secured $62 million in Series D financing

9. This smart farm in China produces tomatoes with 5G


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Mobile-only Markets:

1. India: Investments in food startups peak since 2016 amid growing demand

2. Vietnamese logistics firm Scommerce secures funding in Temasek-led round



1. Singapore analytics startup Milieu Insight banks $2.4m for Southeast Asian expansion



1. TikTok stores US user data in US, is not bound by Chinese law, it tells Congress

2. ABC World Asia, backed by Temasek Trust, closes new $283m fund for impact investments

3. S Korea’s Big Bang Angels seeks to raise $20m SEA-focused deep tech fund

4. Revolution closes its second Rise of the Rest fund with $150 million

5. Aviatrix raises $40 million for multi-cloud management tools

6. IDnow raises $40 million for its AI-driven visual authentication platform

7. Choco raises $33.5M to bring restaurants and suppliers a modern ingredient ordering platform

8. Duffel raises $30M led by Index Ventures to disintermediate legacy travel platforms

9. Prophesee raises $28 million for machine vision sensors that mimic the human eye

10. Microsoft beats Amazon for $10 billion Pentagon JEDI cloud contract

11. Koyo raises $4.9M in equity and debt to use open banking to offer loans to people with ‘thin’ credit files

12. Kandji announces $3.375M seed for sophisticated Apple MDM solution

13. Stealthy search startup snags $2M seed


Image Credits: Franck V./unsplash

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