Overseas:
1. Seed-stage venture firm Susa has closed on $90M fund and raises $50M follow-on fund
2. Waymo is now allowed to transport passengers in its self-driving vehicles on California roads
3. Tesla delivers record number of electric cars in quarter, shares up 7%
4. Kabbage secures $200M to fuel its AI-based loans platform for small businesses
5. Symantec shares soar on report that Broadcom is in talks to acquire the security software maker
7. Uber Eats invades restaurants with Dine-In option
8. Kyash, a payment app and would-be challenger bank in Japan, raises $14M
9. Software development analytics platform Sourced launches an enterprise edition
10. File-storage app 4shared caught serving invisible ads and making purchases without consent
China:
1. China opens economy faster over fears of slower foreign investment
2. China to account for 34% of 5G smartphone shipments in 2023 as predicted by Canalys
3. Xiaomi 小米 launches new CC Series to cater to younger audience
4. DiDi 滴滴 announced 2 billion RMB investment into the building of a safety system
7. Goshare 只二, a second-hand platform, to complete tens of millions of dollar B financing round
Cross-Border:
1. U.S. government staff told to treat Chinese telecom firm Huawei as blacklisted
2. Tencent, Paytm Plan to Invest $100 Million in Indian Stream Service MX Player
3. SoftBank-backed OYO to invest $50m in expanding Vietnam footprint
Emerging Market:
2. Lightspeed leads $8m round in Indian B2B logistics startup Freight Tiger
3. Lok Capital, IIFL AMC lead $19m funding in insurance startup RenewBuy
4. Indian AI health-tech startup mfine raises $4.5m from Alteria Capital
5. Online designer toys and collectible platform Mighty Jaxx secures US$1.6M financing
Image credits: Yicai Global