1. China’s private bookstores struggling to survive as sales drop 90 per cent, stores remain closed

2. Chinese buy more groceries online and snap up second-hand laptops amid coronavirus

3. Sequoia Capital raises $318m for four China-focused funds

4. China’s AI champion SenseTime latest to offer online learning amid 2019-nCoV outbreak

5. Huawei to launch first handset using Google app alternatives

6. Chinese Quora-like platform Zhihu binds Pinduoduo in its monetization drive

7. pingduoduo launched “Help the farmers” initiative amid COVID-19 outbreak

8. Chinese oncology healthcare service provider Hygeia files for HK IPO

9. China’s Wanda Sports considering $1b sale of Ironman Triathlon

10. Video stream site iQiyi launched a social commerce app for cosmetics Zhanyan 斩颜

11. China’s logistics service platform Yimidida 壹米滴答 raises $143m in Series D+ round

12. E-cigarette startup Snowplus 雪加 is laying off staff


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1. Singapore sets aside $4 billion to help businesses and households amid coronavirus outbreak

2. Singapore fintech startup Hoolah expands to Malaysia

3. Volocopter and Grab to study the feasibility of deploying air taxi services in Southeast Asia

4. French-Cambodian Logistics startup ShopRunBack bags $900k in pre-series A money

5. India-based After-sales service provider Onsitego secures $19m from Zodius, Accel

6. Indian mobile phone industry to stand still as Coronavirus keeps factories shut in China

7. Indonesian firm Eureka AI raises USD 20 million in Series B round

8. Malaysian state funds scout for overseas deals to drive growth



1. Huawei accuses U.S. of overlooking HSBC misconduct to go after Chinese firm

2. GM, Fiat Chrysler and Toyota resume auto production in China



1. Cloud spending said to top $30B in Q4 as Amazon, Microsoft battle for market share

2. SoftBank spends $2.5 billion to get second Vision Fund off the ground

3. Venture capital firm Atomico backs European tech with $820 million fund

4. Facebook faces tax court trial over Ireland offshore deal

5. Dell to sell cybersecurity unit for $2.08 billion

6. Twitter acquires Stories template maker Chroma Labs

7. Coronavirus threatens Apple supply chain, sales; shares drop

8. TubeMogul, Uber alums launch Arize AI for AI observability

9. Tesla in talks to use CATL’s cobalt-free batteries in China-made cars – sources

10. Samsung launches delivery service for customers to test smartphones

11. InVideo raises $2.5M and launches an automated assistant to make your videos better

12. SoftBank-backed South Korean ride-hailing Tada fights for survival amid crackdown

13. Noom competitor OurPath rebrands as Second Nature,  tackling the problem of diabetes, raises $10M Series A

14. Aisera, an AI tool to help with customer service and internal operations, exits stealth with $50M

15. Black haircare startup Naza Beauty just raised $1 million from Alexis Ohanian’s Initialized Capital


Image Credits: Pandaily

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