CHINA:
1. Hong Kong mobile payments to be accepted on Guangzhou public transport
2. China’s tech giants invested over 350b yuan in 419 firms
3. Huawei reportedly got by with a lot of help from the Chinese government
5. Tesla secures $1.29 billion loan from Chinese banks for Shanghai factory
6. Kuaishou removes Taobao referrals
7. Wang Sicong settles with investors for RMB 2 billion over live-streaming failure
8. Edtech startup First Future 飞博教育 raised 7-digit RMB in A+ round.
Check out our latest podcast here
Check out our latest blog post here
MOBILE-ONLY MARKETS:
1. Grab says it will apply for Singapore digital bank license with Singtel
2. India’s internet shutdowns costing mobile carriers millions of rupees in lost revenue
3. Brazil’s Totvs buys tech company Consinco to strengthen retail ops
4. Indonesian EdTech Startup Ruangguru Raises $150M
6. Indonesian lender Bank Artos acquired by Gojek investor, BTPN director
CROSS-BORDER:
1. Egypt competition watchdog approves Uber acquisition of Careem with conditions
OVERSEAS:
1. Facebook’s Libra cryptocurrency project has failed in its current form, says Swiss president
2. Comcast Reportedly In Talks To Buy Ad-Supported TV Streaming Service Xumo
3. Vodafone Hutchison Australia partners with Nokia to kick off 5G rollout
4. Spotify to suspend political advertising in 2020
5. Snapchat will launch Bitmoji TV, a personalized cartoon show
6. Russia starts testing its own internal internet
Image Credits: Reuters