Overseas:
1. Apple reportedly in talks to acquire Intel’s modem business for $1B+
2. Microsoft commits $1 Billion to open partnership to build its AI systems on Azure
3. Consumer credit reporting agency Equifax to pay up to $700 million in US data breach settlement
4. UK challenger bank Atom raises another £50M from BBVA and more at £530M valuation
5. Mobile-First Trading Platform Robinhood Raises $323 Million In Series E Financing
6. Real estate startup Homeward secures $25M in debt & equity to help people buy homes faster
7. Etsy acquires musical instrument marketplace Reverb for $275 million
8. Digital freight platform Sennder raises $70 million amid road freight tech boom
9. Onward raises $1.5 million to offer round-trip rides to older adults needing assistance
China:
2. Xiaomi becomes youngest company on Fortune Global 500 list
4. Tmall.com 天猫 announcing that during the last 3 years it has attracted 100.000 KOL’s & celebrities
5. Inspur Cloud 浪潮, cloud computing firm, raises $87 million
6. Dzuanm.com 点钻猫, advertising platform, to receive 7-digit RMB angel investment
Cross-Border:
1. Tencent partners Nintendo-backed Pokemon to jointly develop games
2. China’s coffee upstart Luckin pushes into India and Middle East
Emerging Market:
1. Venture firm Cocoon Capital raises $30m for 2nd tech start-up fund
2. Go-Jek rebrands, unveils new logo as it enters next phase of growth
4. Visa invests in India-based B2B payments platform PayMate’s $25M round
5. Bangkok-based aCommerce, e-commerce solution, raises US$10M funding
6. Kalaari, Hike lead $5m funding in Indian e-sports platform WinZO
7. Chilean SaaS Rocketbot raises US$500,000, plans to land in Mexico this year
8. Bitso becomes first Latin American fintech with international cryptocurrency license
Image Credits: Dexerto