CHINA:
1. China’s automobile sales up 14.5% in May 2020; Tesla sold over 11K Model 3
3. Didi denies rumors about acquisition by Meituan Dianping
4. Tencent-led investor group to take China’s Bitauto private for $1.1b
6. AI Medtech company Shukun Technology 数坤科技 raised 200million RMB in B1 round.
Check out our latest podcast here
Check out our latest blog post here
Subscribe to Daily Digest Newsletter here
MOBILE-ONLY MARKETS:
1. Gojek’s group CTO Ajey Gore steps down
2. Indonesian digital payments platforms OVO, DANA reportedly agreed to merger
3. Singapore fintech firm Fincy nets $11m from GBCI Ventures
CROSS-BORDER:
1. U.S., Brazil in talks on funding to buy 5G gear from Ericsson, Nokia
2. Netflix in talks to source Indian content from Reliance affiliate Viacom18
3. ByteDance to shut down Vigo apps in India
4. India’s Reliance Jio Platforms to sell $250 million stake to L Catterton
OVERSEAS:
1. Japan’s SoftBank bought back almost $600m of own shares in May
2. AT&T seeks sale for Warner gaming unit, could fetch about $4 billion
3. Snap To Launch WeChat Mini-Program Analog ‘Minis’
4. Sony just revealed the PlayStation 5, coming later this year
5. Volkswagen launches home EV charging system sales ahead of ID.3 vehicle deliveries
7. Pipo Saude raises $4.6 million to bring healthcare benefits management services to Brazil
8. Trade Hounds Raises $3.2M To Become The ‘LinkedIn Of The Construction Industry’
Image Credits: TechCrunch