China:
1. In China, AI can now screen newborns for genetic disorders
3. Alibaba’s Cainiao delivered 100 million Singles Day parcels in 2.4 Days
4. Beyond Ventures leads $3m investment in HK-based indoor mapping platform Mapxus
5. Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi as strategic investor
Check out our latest podcast here
Check out our latest blog post here
Mobile-only Markets:
1. Investments in Indian beauty startups more than doubled to USD 108 million till date
2. Alibaba-backed Indian digital payment giant Paytm to invest $70m in AI startups
2. Netflix India revenue jumps as local content strategy pays off (update)
3. UAE-based freight marketplace Trukker bags $23m Series A from Careem-backer STV
4. Indonesian sharia P2P financing startup ALAMI raises seed round led by Golden Gate Ventures
Cross-Border:
1. Uber to invest $2472m in Indian entity to fuel Eats business
2. Taiwan’s electronic component company Yageo to buy US-based rival Kemet in $1.8b deal
Overseas:
1. New 5G flaws can track phone locations and spoof emergency alerts
4. SoftBank might pour USD 100 million into Indian marketplace Snapdeal
5. Angular Ventures outs $41M seed fund for European and Israeli enterprise and ‘deep tech’ startups
6. Instagram Stories launches TikTok clone Reels in Brazil
7. Whoop, the sports tech and analytics company that makes discreet wearables, raises $55M
8. Lend East raising $50m debt to back alternative lenders in SE Asia, India
9. Lawyers hate timekeeping — Ping raises $13M to fix it with AI
10. Singapore-based Smarten Spaces raises $12m in Symphony-led round
13. Uploadcare raises $1.7M for its CDN platform
14. S’More is a new dating app that looks to suspend physical attraction for something more
Image Credits: KrAsia