Overseas:
1. IBM closes its $34 billion acquisition of Red Hat, IBM’s largest deal to date
2. Cisco to acquire Acacia Communications in a $2.6 billion deal
3. Amazon and Google broker peace, offering the other’s video streaming services on own hardware
4. Google acquires enterprise cloud storage provider Elastifile
6. Uber Comfort option launches in US – offers Quiet Rides, newer cars, climate control, and more
7. Menlo Security raises $75 million for malware-blocking tools
8. Signpost raises $52 million to boost cloud marketing platform for local business profiles
9. Glitch is bringing remix culture back to the web with a $30 million Series A round
10. Staffbase, the mobile-first employee communication and ‘experience’ platform, raises $23M Series C
11. Lightico raises $14.5 million to help businesses complete transactions over the phone
12. Digital Shadows raises $10 million for its business risk intelligence platform
13. Clara, Which Helps Provide Legal Assistance For Startups, Launches With $2M In Seed Funding
China:
1. Chinese cities to experiment with new approach to land sales, so as to keep home prices in check
2. Alibaba 阿里巴巴 to launch a membership system for its e-commerce platforms
4. Didi raises fares in Beijing in a bid to ease driver shortages
5. bosszhipin.com Boss直聘, a recruiting platform, to prepare for IPO
6. Maoyan 猫眼娱乐, entertainment service provider, to join forces with Tencent 腾讯 creating an alliance
Cross-Border:
1. Spotify just launched a smaller, faster version of its app for emerging markets in 36 countries
2. Pinterest opens Singapore office as picture-sharing website eyes Asia-Pacific growth
3. LSE-listed Symphony acquires stake in Vietnam’s Indo Trans Logistics for $42.6m
4. Singapore’s AI startup Taiger seals US$25M to expand to Korea, Japan, Latin America
5. GO-JEK Snags Investment From Thailand’s Largest Lender, Siam Commercial Bank
6. Mobile marketing company AppLovin acquires Israeli SafeDK to ensure GDPR compliance and brand safety
Emerging Market:
1. Asenso raises US$1.2M to help MSMEs get access to capital, technology in Southeast Asia
2. Fintech startup NiYO raises $35m from Horizons Ventures, Tencent, others
3. Former Bitmain CEO launches Singaporean cryptocurrency financial services startup, Matrixport
Image credits: MIT Tech Review