Overseas:
1. London-based Koru Kids raises £10M Series A for its all-in-one childcare platform
2. Uber proposes policy that would pay drivers a minimum wage of $21 per hour
3. Urbvan raises US$9 million for its private shuttle service in Mexico
4. UK-based Residently raises £7M to digitise the rental experience
5. Knock Knock raises US$4 million to make social instant games
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China:
2. Meituan 美团 has started testing drones and robots to deliver food
4. Lenovo’s 联想 revenue grew by 15% YoY to 179.311 billion RMB in Q2 2019
5. Micro plastic surgery platform Soyoung’s 新氧 revenue grew by 87.3% YoY to 285M RMB
7. IDG-backed Superdata Software 速达软件 files for Hong Kong IPO
8. Xiguacity 西瓜创客, online programming education platform for children, completed 150M RMB in Series B
10. Plum 红布林, e-commerce platform for second-hand fashion products, raises US$20m in Series B+
Cross-Border:
1. Singapore-based Golden Gate Ventures raising US$200m for new growth fund with Korea’s Hanwha
2. Google plans to shift its Pixel smartphone production line from China to Vietnam
4. Cool Japan Fund to invest US$10m in Taiwanese travel booking site KKDay
Emerging Market:
1. Kaszek Ventures raises US$600 million in two funds as Latin America’s startup market booms
2. India to reach 10% e-commerce penetration by 2023, according to new report by RBC Capital Market
4. Indian online tutoring firm Vedantu received US$42M funding in Series C
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