China:
1. CreditEase’s fintech fund eyeing Southeast Asian companies
2. TikTok owner ByteDance to launch music streaming service as soon as next month
4. Huawei’s Mate X foldable 5G phone sells out on its first day ‘within seconds’
5. Didi says more than a third of China’s EVs are registered on its platform
6. JD.com’s revenue jumps in Q3 on lower-tier market push
7. China’s Tencent in talks to form consortium for Universal Music Group stake
9. Ctrip-backed hotelier LvYue secures funding from Tencent and Goldman Sachs
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Mobile-only Markets:
1. Regulators to limit e-scooter operations in Jakarta after fatal collision
Cross-Border:
1. US government to extend Huawei license by two weeks
2. African start-ups get US$1 million boost from Jack Ma’s Netpreneur Prize
3. Indian language learning startup Multibhashi raises capital from Japan’s RareJob
4. Opera’s Africa fintech startup OPay gains $120M from Chinese investors
Overseas:
1. PE giant KKR seeks record $12.5b for Asia buyout fund
3. Tribeca, Vanda seek to gather over $300m for Asia credit fund by year-end
4. Payment software unicorn Bill.com files for $100M IPO
5. SoftBank announces Yahoo Japan-Line merger to create $30b tech giant
6. NUVIA, chip design startup founded by former Apple & Google chipmakers, raises $53M Series A
7. Hypernet Labs raises $10 million to ‘democratize’ data science
8. Jüsto, Mexico’s first online supermarket, raises $10M seed from global investors
9. Singapore online gift card startup bags $845k in seed funding
10. Army photogrammetry technique makes 3D aerial maps in minutes
Image Credits: Technode