Overseas:
1. Uber commits US$200 million to Uber Freight expansion in bet on trucking and Chicago
2. Razer CEO to invest US$7.2m to drive growth in Singapore’s gaming scene
3. Volocopter raises US$55M led by Volvo owner Geely, sets 3-year timeline for its flying taxi service
4. AppZen raises US$50 million to automate expense reporting with AI
5. Germany-based ProGlove raises US$40 million for barcode-scanning industrial gloves
6. US- and Israel-based Vim raises US$24 million to match patients with top health care providers
7. US-based Drivetime raises US$11 million for interactive audio games like Jeopardy in the car
8. French startup Spendesk raises US$38.4 million for its corporate card and expense service
9. Syte, an Israeli startup, raises US$21.5 million to power visual search for ecommerce
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China:
1. Beijing introduces hundreds of smart lampposts amid 5G push
2. China blocks US video-conferencing tool Zoom
4. Travel services provider Ctrip’s 携程 revenue increased 19% YoY to 8.7 billion RMB in Q2
7. Chinese supply chain tracking solution provider Acctrue raises US$8.4 million
Cross-Border:
1. Flipkart co-founder to launch US$400m fund in Singapore
2. GIC-led consortium invests US$500m in Vietnamese conglomerate Vingroup
3. CPPIB injects US$115m in Carlyle-backed Indian logistics unicorn Delhivery
4. FMO proposes US$8.3m funding in India’s farmer-owned group Sahyadri
Emerging Market:
1. India to overtake US in digital video consumption by 2020
2. S Korea’s Shinhan Group sets aside US$25m for accelerator programme
3. Philippines F&B kiosk operator Fruitas files for US$23m IPO
Image Credits: techcrunch.com
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