1. China’s economic slump continues as manufacturing growth slows sharply, investment growth hits 20-year low

2. Cathay Capital raises $117m from French energy giant Total and others for China energy fund

3. Huawei hands out 2 billion yuan to rewards staff for staying with the company following US blacklisting

4. Tencent to step up global games expansion after posting 13 per cent decline in quarterly profit

5. Chinese insurer Ping An’s 中国平安 fintech arm OneConnect files for US IPO

6. Tencent leads funding of up to $400m in car services startup Tuhu

7. China’s first digital bank WeBank 微众银行 rolls out new consumption loan product on Tencent Video app

8. China’s Lumi United 绿米联创, smart home appliances and IoT solutions provider backed by Xiaomi, raises $100m


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Mobile-only Markets:

1. O3 Capital to enter Indian lending space with $300m credit fund

2. Sequoia-backed Indian SaaS unicorn Freshworks raises $150m in Series H round at $3.5b valuation

3. PalmPay launches in Nigeria on $40M round led by China’s Transsion

4. Indonesia’s Travelio snags USD 18 million in Series B round

5. Sunstone Eduversity, edtech startup offering higher education programs, raised ₹11.3 crore ( USD 1.5 million) in seed round



1. Early-stage venture firm Amino Capital to raise $100m fund to finance data-driven startups in US and China

2. Beijing-headquartered AIIB approves $50m investment in Southeast Asia-focused energy fund by Swiss investment firm SUSI Partners

3. PH-listed Jollibee to invest $7.8m in China restaurant (Tim Ho Wan) joint venture

4. Singapore’s digital payment platform Nium launches operations in Indonesia

5. India takes its instant money transfer tool UPI to Singapore



1. Artist Capital Management raises $100 million fund to invest in esports

2. US-based Salesforce Ventures launches $50m Consultant Trailblazer Fund

3. Google to offer checking accounts in partnership with banks starting next year

4. Netflix and Nickelodeon partner on original programming, following Disney+ launch

5. Convoy, trucking startup that created “digital freight network” to match shipments with carriers, raises $400M

6. SheerID raises $64 million to verify that you qualify for a student discount

7. Qualia aises Tiger Global-led $55M Series C for real estate closing software

8. Stradigi AI, AI solutions provider and research lab, raises $40.3 million to develop business AI solutions

9. DroneDeploy, startup developing holistic cloud-based drone mapping and analytics platform, raises $35 million

10. Sigma Computing, SF-based startup developing cloud-hosted data analytics platform, raises additional $30 million

11. Liqid raises $28 million for adaptive resource management in datacenters

12. ThreeKit raises $20 million to generate 3D product renderings on the fly

13. Cutover, U.K.-based company developing cloud-hosted workplace orchestration software, raises $17 million

14. Project management platform provider Hive raises $10.6 million to bolster project management with AI

15. Enterprise-focused encrypted messaging app Wire confirms $8.2M raise, responds to privacy concerns after moving holding company to the US

16. Regtech startup Silent Eight raises USD 6.2 million in series A round

17. Social network for motherhood Peanut raises $5M, expands to include women trying to conceive

18. Wappier, platform that uses AI to predict consumer and user behavior, raises $4 million to power data visualization for apps and games

19. Plum, the ‘AI’ money management app, raises $3M more and comes to Android

20. JetPack Aviation raises $2M to build the prototype of its flying motorcycle


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