Overseas:
1. March Capital Partners to raise US$410M for fund III
2. WeWork owner to suspend preparations for IPO
3. Waymo’s robotaxi pilot surpassed 6,200 riders in its first month in California
4. Denmark’s Lundbeck buys Alder for $2 billion, eyes ‘blockbuster’ migraine therapy
5. Greenlight raises $54 million for a debit card that teaches kids financial literacy
6. San Francisco-based Fieldwire raises US$33.5 million to digitize construction sites
7. Tel Aviv-based Trigo raises US$22M for an automated grocery check-out platform
8. FOSSA scores US$8.5 million Series A to help enterprise manage open-source licenses
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China:
1. China’s banking authorities fine WeChat’s operator Tenpay for violating payment regulations
2. Alipay’s Mini-apps 支付宝小程序 to be integrated into Weibo 微博
3. Tencent makes acquisition proposal for Chinese car site Bitauto 易车
4. Suning 苏宁 to open more than 200 Carrefour stores at the end of this month
5. China’s private satellite maker GalaxySpace says its value reached US$708M after new funding round
6. Chinese robot maker Evolver 进化者机器 raises US$71M from a government fund
Cross-Border:
1. Singaporean chemical technology startup Seppure gets US$2.6M from SOSV, 500 Startups, SGInnovate, others
2. Hyundai and Kia Motors to buy stake in India’s cab-hailing unicorn Ola Electric
3. Real-estate investment trust Lendlease’s REIT seeks to raise up to US$539M in Singapore IPO
4. Indian payments firm DotPe in talks to raise US$5m from South African Naspers Fintech
Emerging Market:
1. Tokopedia, Gojek, and Grab partner with Jakarta’s government to accelerate smart city development
2. India’s Lightbox Ventures makes final close of third fund at US$209M
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