1. Vista Raises $850M To Buy Smaller Software Firms As PE Keeps Chasing Tech

2. Private equity firm Blackstone is acquiring mobile ad company Vungle

3. Google’s new ‘data echoing’ technique speeds up AI training

4. Waze now shows road toll prices along your driving route accross the US and Canada

5. Curve, the ‘over-the-top’ banking platform, raises $55M at a $250M valuation

6. Amperity raises $50 million to unify disparate customer data

7. DefenseStorm raises $15 million for automated cybersecurity and compliance solutions

8. Mahmee, a digital support network for new moms, receives $3 million investment from Serena Williams and Mark Cuban

9. Finland-based Surrogate raises $2 million for ‘reality’-focused games and video streaming



1. China shopper trends 2019; premium products, small brands, new retail lead the future of FMCG market in China

2. China to impose 20% income tax on revenue from online Red Envelopes 红包

3. Didi opens up app to rival ride-hailing services

4. Youdao 有道 , educational platform managed by Netease 网易, to seek to IPO in the US

5. Kuaishou.com 快手, short video platform, presenting ‘Million Game Creator Support Program’, aimed at increasing professional management capabilities of game creators

6. UBTech 优必选, AI Robotics firm, preparing for IPO in Mainland China

7. Bayuegua.com 八月瓜, intellectual property service platform, completed 50M RMB A founding round



1. Tmall Global to list 40,000 foreign brands in 3 years

2. Xiaomi sets up a research center in Nokia’s homeland

3. AI education unicorn Squirrel targets foreign markets with plans for mathematics, Mandarin lessons

4. Tech recruitment platform Glints eyes Vietnam, Hong Kong expansion with US$6.8M funding


Emerging Market:

1. China’s TikTok partners with India’s National Skill Development Corporation (NSDC)  to ‘educate’ youth on how to develop new skills

2. Singapore is 3rd in Asia-Pac for nurturing women entrepreneurs, but growth outpaced by other cities, according to Dell report

3. IDN Media acquires Indonesian multiplatform esports company

4. India’s Byju’s, ed-tech company, valuation soars to $5.5b in ongoing Series F funding round

5. Yandex-Uber JV MLU acquires regional rival Vezet for shares and $71.5M in cash

6. Minister of Small Business Development Ntshavheni announces string of new initiatives to boost small business and startup support in South Africa

Image credits: China Daily

Start typing and press Enter to search