CHINA:
1. China retail sales down 2.8% in May 2020
2. China express delivery business volume up 41% in May 2020
3. Lenovo to launch new gaming smartphone under Legion branding
4. 58.com Signs $8.7 billion Take-Private Transaction
5. Huawei Partners With EV Maker BYD to Launch HiSilicon Kirin Chips On Vehicles
6. Chinese Startup Miaoshou Doctor 妙手医生 Lands $85M
7. Chinese internet health service provider Yuanxin nets $85m from Sequoia, Qiming, others
8. Unmanned storage solution provider VisionNav Robotics scores USD 14 million in Series B1
Check out our latest podcast here
Check out our latest blog post here
Subscribe to Daily Digest Newsletter here
MOBILE-ONLY MARKETS:
1. Tonik raises $21 million to launch digital bank in the Philippines
2. Thai proptech startup ZmyHome bags pre-series A money
3. India’s Jiffy.ai, an enterprise automation startup, lands US$18M in Series A investment
4. India: Online travel firms see 40% demand revival in flight bookings
CROSS-BORDER:
1. Facebook’s WhatsApp brings digital payment to users in Brazil
2. Nokia to deliver around 10% of China Unicom’s 5G core network
3. Singapore-operated co-living operator Hmlet expands in Japan, appoints new CFO, CTO
4. Taiwan firm sets up USD 70 million program to invest in Israeli startups
OVERSEAS:
1. Meta Change Capital Launches With €100M Venture Fund Aimed At Blockchain
2. Square Capital says it has issued $820 million of PPP loans
3. Apple says consumers and advertisers spent more than $500 billion through apps last year
4. Apple expands Apple Card’s interest-free financing to iPad, Mac, AirPods & more
6. Walmart partners with Shopify to expand its online marketplace
7. Honeywell launches new business unit to capture drone market
8. Swiggy to start testing drone deliveries with ANRA Technologies in July
9. Epic Games nears funding at $17 billion value
10. VESoft raises $8M to meet China’s growing need for graph databases
11. Egypt’s Chefaa raises seven-figure pre-Series A for online pharmacy marketplace
Image Credits: Reuters