1. PBOC introduces new measures to boost Shanghai’s fintech development

2. China debuting 5G service 2 months ahead of schedule

3. China’s Eastern Bell Capital raises $365m debut USD fund for supply chain investments

4. Huawei widens lead in China smartphone market after US ban

5. Chinese drone maker EHang 亿航 eyes $100M IPO

6. Alibaba injects $71m into Chinese cloud-enabled home design platform

7. Alibaba reportedly reviving Hong Kong IPO plans, may list in November

8. Anime video platform Bilibili is beta testing paid courses

9. Shanghai biotech I-Mab plans US IPO as part of China drug strategy

10. Huada Beidou Technology 华大北斗, obtained 100M RMB in Series A round to develop independently controllable satellite navigation chip

11. Lan Niao 蓝鸟用工, part-time outsourcing management platform for service industry, raised tens of millions in Pre-A round financing

12. Chinese auto parts firm Casstime raises $80m from Sequoia, others


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Mobile-only Markets:

1. Southeast Asia is a ‘good place’ to be as global slowdown hits, say VCs

2. Facebook India joins VC firm SAIF Partners to mentor small businesses

3. Mercedes-Benz’s first made-in-China EV to hit market next month

4. Driving license tests just got smarter in India with Microsoft’s AI project

5. AI startup snags 300 business clients by promising to root out fraudsters



1. Germany wants Huawei to self-declare its trustworthiness to join 5G push

2. Toyota Group and Japan’s SMBC Trust Bank invest in Indian bus-hailing startup Shuttl

3. Singapore’s Qoo10 acquires Indian online marketplace ShopClues that sells electronics and home, kitchen and lifestyle items

4. SG’s Keppel Land invests $25m in Smartworks Coworking Space



1. Google Cloud launches celebrity recognition service

2. Google’s Form2Fit is a novel AI system that can assemble unfamiliar objects highly consistently

3. Samsung and Medtronic use app for Parkinson’s disease patient therapy

4. TikTok undergoes leadership reshuffle

5. The Utah startup scene gets another boost with Album VC’s new $75 million fund

6. Singapore’s Sunseap Energy seeks to raise $146.8m in Series E funding

7. Japanese instant-credit provider Paidy raises $143 million from investors including PayPal Ventures

8. Namogoo raises $40M to stop unauthorized ad injections and ‘customer journey hijacking’

9. Crunchbase raises $30M more to double down on its ambition to be a ‘LinkedIn for company data’

10. DotData, automation tools provider that operationalizes data science processes, raises $23 million

11. Duality Technologies raises $16 million for privacy-preserving data science solutions

12. NZ digital-lending platform Harmoney receives $16m Series C from Australian PE firm Kirwood

Image Credits: technode

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