1. China’s venture capital market falls to a lower record of US$4 billion in October

2. Tencent wants to replace cars with flying taxis

3. Alibaba quarterly revenue jumps 40 per cent ahead of Singles’ Day shopping festival

4. Alibaba defends No.1 position in China’s e-commerce market, growing top line by 40% amid sagging economy

5. Bilibili introduces music incentive program to entice artists

6. Samsung to begin layoffs in China, affecting one third of employees

7. Naxions 诺信创联, Chinese provider of digital marketing solutions for pharmaceutical companies, completed US$150M Series B round

8. Blockchain infrastructure provider Node Pacific 节点亚太 secures Pre-A funding round


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Mobile-only Markets:

1. Indonesia will impose fines on Facebook and other social platforms due to negative content

2. Burger King’s India unit looks to raise $56.6m in IPO

3. Edtech startup Gradeup raises $7M to expand its online exam preparation platform to smaller Indian cities and towns

4. Lokal, Indian vernacular content platform that informs users of meat and gold prices, raises USD 3 million



1. China’s Huazhu 华住集团 to buy German luxury hotel group Steigenberger for $781m



1. Microsoft launches Power Virtual Agents, its no-code bot builder

2. Microsoft launches the first public preview of its Fluid Framework for collaborative editing

3. Adobe launches Aero, its AR authoring app as a free-app on IOS

4. Adobe announced Photoshop Camera – an AI-powered photo editor for your phone

5. Cybersecurity company Proofpoint to acquire threat management startup ObserveIT for $225M

6. Goldman Sachs leads $50M round for credit card platform Deserve

7. MIT develops a way for autonomous delivery robots to find your front door

8. Volterra announces $50M investment to manage apps in hybrid environment

9. Canada’s RenoRun raises $17.1M Series A for its construction material delivery app

10. Los Angeles-based Boulevard has raised $11 million for its software to manage salons and spas

11. Robocorp announces $5.6M seed to bring open-source option to Robotic Process Automation (RPA)

12. Dev tool startup provides developer shortcuts to eliminate coding busywork


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