China:
1. China sets up $21 billion national investment fund to upgrade manufacturing
2. Alibaba could raise up to $12.9b in Hong Kong listing
3. “Chinese Quora” Zhihu 知乎 to develop its own Wikipedia-like section
5. Xiaomi’s Xiao AI assistant passes 49.9 million users
6. AI firm Megvii to seek approval for $500 million Hong Kong IPO
8. Tencent leads $142m Series D+ round in Chinese oncology database Medbanks
Check out our latest podcast here
Check out our latest blog post here
Mobile-only Markets:
1. P2P regulations critical for Vietnam to avoid fallout from Chinese crackdown
3. Venture capital firm India Quotient to raise $100m across 2 funds
4. India’s Ola becomes world’s fourth most downloaded ride-hailing app due to global push
5. YouTube sees gaming as its next growth driver in India
6. Vietnam’s C2C online marketplace Sendo banks $61m in series C funding
Cross-Border:
1. Fintech funding tops $8.9b in Q3 but Asia could hit 4-year low this year
2. China’s MSA Capital, Bahrain’s Al Salam Bank set up $50m venture fund
3. Didi expands into Costa Rica
4. Tesla to Unveil Model 3 to the Chinese Market
6. Singapore’s food tech startup Eatsy now takes orders in Indonesia
Overseas:
2. Facebook’s DeepFovea AI promises power-efficient VR foveated rendering
4. Salesforce launches Service Cloud Voice, Einstein Voice Assistant, and Voice Skills
9. Office management platform Eden raises $25 million Series B
14. Perlego raises $9M Series A for its textbook subscription service
15. Dream Games raises $7.5M seed to develop ‘high-quality’ puzzle games
16. Robotics startup Picnic, known for its automated pizza assembly system, raises $5 million
17. Give InKind’s smarter giving platform brings in surprise $1.5 million in pre-seed funding
19. LA-based Maslo pivots to professional services, launching an AI product for executive coaching
20. Cerebras Systems deploys the ‘world’s fastest AI computer’ at Argonne National Lab
21. HackNotice Premium taps machine learning to tell you exactly what was exposed for $50 per year
Image Credits: KrAsia