1. China’s Hebei province imposes total ban on P2P platforms

2. Beijing to allow passenger rides in robotaxis

3. China NEV sales decline extends in November

4. Bytedance forms venture with Chinese state media group, Shanghai Dongfang Newspaper Co. 上海东方新闻

5. Kuaishou 快手 live broadcast DAU exceeded 100 million in 2019

6. Textile-focused ecommerce firm Baibu 百布 closes $300m series D round

7. Kehu 客湖, the China-based CRM startup bringing transparency to packaged goods


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1. India shuts down internet once again, this time in Assam and Meghalaya

2. Uber all set to sell UberEats’ India business to Zomato

3. OVO introduces SMEs-focused financing platform DanaTara

4. TapChief,  online platform that connects businesses with freelance professionals, raises USD 1.5 million from Blume Ventures



1. Over half of Huawei’s 5G contracts are from Europe

2. Samsung to invest another $8 billion in Chinese chip plant



1. Temasek’s Azalea closes inaugural PE fund-of-funds at $650m

2. Australia to boost recycling innovation with $69m fund

3. US-based AEW Capital files to raise fourth value-add fund for Asia

4. With $4B food delivery acquisition, Korea poised to enter upper tier of startup hubs

5. Sprout Social closes first day of trading below IPO price

6. Adobe turns it up to 11, surpassing $11B in revenue

7. Lazada alumni’s Intrepid Group closes Series A, to bring Chinese brands to SEA

8. Volkswagen to bring self-driving electric shuttles to Qatar by 2022

9. Logistics unicorn Rivigo to raise $20m in Series F funding

10. Animoca Brands acquires Power Rangers game developer nWay for $7.69 million

11. Singapore corporate services startup Sleek bags $5m to scale in Hong Kong

12., a startup focused on AV technology for mass transit, gets $3.5 million in seed funding

13. Fintech unicorn Viva Republica gets initial approval to operate digital bank in Korea


Image Credits: technode

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