CHINA:
2. Ping An’s One Connect raises US IPO target to $312 million: report
3. Alibaba’s Juhuasuan 聚划算 doles out massive subsidy to take on Pinduoduo 拼多多
4. China shipments for Apple’s iPhone fall 35% in November: report
5. Travel review platform Mafengwo 马蜂窝 rumored to lay off 40% of employees
6. Xpeng 小鹏 ties up with Nio on charging services in China’s slowing EV market
7. Mobile games PUBG Mobile and Game for Peace gross $1.5 billion in global revenue
9. Game asset trading platform ZBT 社区 raised 7-digit RMB of funding in Series A
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MOBILE-ONLY MARKETS:
1. Indian logistics startups rev up funding in 2019 to tap growing demand
2. Gojek-backer Provident Capital said to have raised $200m for second fund
3. Gojek to acquire point-of-sale software provider Moka
4. Grab Indonesia introduces its first electric vehicle fleet
5. Indian fintech firm Paytm secures $660m in new funding round
CROSS-BORDER:
1. Indonesia’s Telkom CVC and South Korea’s KB Investment launch Centauri Fund
OVERSEAS:
1. Former tryb principals set up early-stage, fintech-focused VC fund called 1982 Ventures
2. SaaS-focused Scaleworks spins out debt fund
4. Google launches AutoML Natural Language with improved text classification and model training
5. AT&T launches consumer 5G in 10 cities, but expects only 5GE-like speeds
6. eBay relaunches Motors app with AI and automation at its core to help sellers offload their vehicles
7. LeanTaaS raises $40 million to optimize health clinic operations with AI
8. Warburg Pincus-backed logistics startup Ecom Express banks $36m
10. Atom Finance’s free Bloomberg Terminal rival raises $12M
11. Augury raises $8 million more to predict mechanical breakdowns with AI
12. Portify raises £7M Series A for its fintech app for ‘modern’ or gig economy workers
13. Sleek raises $5M to help companies incorporate and operate in Singapore and Hong Kong
14. Singapore automotive platform Motorist raising up to $2.9m to rev up regional expansion
15. Trading platform Robinhood lets you invest as little as 1 cent in any stock
16. Atlassian launches new serverless cloud development platform
Image Credits: krasia