1. said to seek $4.1b in year’s biggest Hong Kong listing

2. Chinese gaming firm NetEase said to raise $2.7b in Hong Kong listing

3. Huawei pact with NetEase the latest in series of partnerships to develop 5G cloud gaming

4. WeChat Rolls Out Credit Scoring System

5. Luckin founder Lu Zhengyao to face criminal charges for financial fraud

6. Chinese online tutor Zuoyebang seeks $600-$800 million at $6.5 billion valuation: sources

7. Nio boosts its registered capital to RMB 3.85 billion

8. Yishou 一手, helping ecommerce optimize supply chain and promotion, raised 40million USD in Series C.

9. DevSecOps cybersecurity company Xmirror 悬镜安全 raised 7-digit RMB in Series Pre-A, led by Sequoia Capital China.


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1. Malaysia to set up $281m National Stimulation Fund, to work with global VCs

2. Gojek’s video-streaming service Goplay independently raises money

3. Ovo’s lending arm Taralite secures P2P license

4. Singapore-based online language learning platform LingoAce nabs US$7M in Series A funding from Shunwei Capital

5. Singapore-based construction management startup Hubble nets $3.6m to expand in Southeast Asia



1. Reliance says Silver Lake, co-investors to invest extra $601 million in digital unit

2. NetEase Sets Up Studio in Japan for Next-Gen Console Game Development

3. AI-based HRSaaS platform Hiretual raised 8-digit RMB in Series B for expanding R&D team in China.

4. S Korean-Chinese cloud IT startup Bespin raises $75m in Series C round

5. Medical Imaging Startup Nanox Secures US$20M To Expand Its AI-Based System To Vietnam

6. YC-backed Tajir raises $1.8M to help mom-and-pop stores source inventory in Pakistan

7. Indian online travel booking firm Yatra terminates merger deal with Ebix



1. U.S. states lean toward breaking up Google’s ad tech business

2. Amazon licenses Slack for all employees, while Slack adopts AWS video-calling tech

3. Zoom in Talks With Google to Use Cybersecurity Service

4. Japanese healthtech startup Ubie bags $18.7m in series B money

5. TaxProper raises $2M to automate getting your property taxes lowered


Image Credits: South China Morning Post

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