China:
1. Chinese authorities crack down on major apps over data collection
2. China stockpiles US chips amid fears of worsening trade relations
3. China wants 25% of vehicles sold in 2025 to be green, jumping from 2018’s 4%
4. Upwards of 3,000 Taiwanese chip engineers have moved to mainland China: report
5. Tencent leads Kuaishou’s $3b pre-IPO round
6. Alibaba sharpens focus on C2M business with Taobao, Tmall restructure
7. Chinese AI solution developer Aibee 爱笔 raises $74M in Series A1 round
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Mobile-only Markets:
1. Indonesian government introduces new e-commerce regulations for local and foreign players
2. Crescendo Venture Partners seeks $100m for Israel-focused early-stage fund
3. Indonesian P2P lender Komunal bags seed money in East Ventures-led round
Cross-border:
1. Progressive VCs and private equity are using tech and analytics to revolutionize investing
2. Nintendo Switch launches in China on December 10 for $300
Overseas:
1. Researchers develop AI that reads lips from video footage
2. Singapore to mandate theory test for e-scooter users
3. Google details AI that classifies chest X-rays with human-level accuracy
4. Instagram finally launches 13+ age checkups
5. Amazon proposes a home robot that asks you questions when it’s confused
6. Grab launches payments card as it awaits nod for digital banking licence
7. Finally, Craigslist launches official app
9. Seattle’s sales enablement platform Highspot secures another $75m just six months after a $60m raise
11. Autonomous shuttle startup May Mobility raises $50 million investment led by Toyota
12. Flow, startup that helps brands and retailers build cross-border e-commerce business, raises $37M
14. Automated cybersecurity lifecycle management platform Panorays raises $15 million
15. GitGuardian raises $12 million to find sensitive data hidden in online code
16. Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team
17. AI-driven network management platform Augtera raises $4 million
18. Gaming studio Owlcat Games raises $1 million from GEM Capital
Image Credits: TechNode