CHINA:
3. Managed Cloud Firm Bespin Global Secures $74M In Series C Round
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MOBILE-ONLY MARKETS:
1. Singapore startup Intelllex bags $2.1m from Quest, Reuters, Insignia, others
2. Singapore startup Smove exits car-sharing market, now under liquidation
3. Logistics startup Moovaz acquires SPH’s The Finder
4. Grab launches digital payments card in the Philippines
5. Indian online auto classifieds platform CarTrade said to be raising $42.8m in Series H Round
6. India-based healthcare startup IVF Access raises $5m from Vertex Ventures
CROSS-BORDER:
1. Jakarta-based Kejora Capital and Tokyo-based SBI Holdings launch USD 30 million fund
2. SoftBank leads funding round in Brazilian data company Cortex
4. Facebook strikes global licensing deal with Indian music label Saregama
5. Facebook sets up new entity to acquire stake in Reliance’s Jio Platform
6. Alibaba Reportedly Shutdowns Overseas Platform UC News to Shrink Content Globalization Strategy
OVERSEAS:
1. Global smartphone shipments to fall 12% this year on virus woes: IDC
2. UK in 5G talks with suppliers from Japan, South Korea
3. Japan to look at building a common infrastructure for digital payments
4. SoftBank put together a $100 million investment fund for minority-owned businesses in 24 hours
5. Andreessen Horowitz launches $2.2M fund to invest in underserved founders
6. Israel’s Team8 launches VC fund to invest in AI, cybersecurity
7. Google takes down Indian app that removed Chinese ones
8. ZoomInfo prices IPO above target in 2020’s largest tech listing so far: sources
9. Snapchat removes Trump account from curated promotional section
10. NetApp to acquire Spot (formerly Spotinst) to gain cloud infrastructure management tools
11. Varo’s $241M Series D Puts Fintech On Track To Becoming National Bank
12. Lili raises $10M for its freelancer banking app
13. Anvil Secures $5M Series A To Make Traditional Paperwork A Thing Of The Past
14. Decentralized identity management platform Magic launches from stealth with $4M
Image Credits: SCMP