CHINA:
1. Foreign M&A in China remains strong as investors remain optimistic despite coronavirus, decoupling
2. Alibaba and JD.com handle a record $136.51 billion in sales during major Chinese shopping event
4. TikTok Parent ByteDance Dispels Rumors Around Acquisition of BlueFocus
5. Xiaomi backs TZAUTO, a Nanjing-based automation technology company
6. Sequoia-backed online life service platform 24Tidy to acquire Bonnych
7. Goldman Sachs-backed Chinese pet services firm Boqii collects $60m
8. Chinese Big Data Firm Boray Data Raises $28M In Series C Round
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MOBILE-ONLY MARKETS:
1. Thai fintech firm Synqa rakes in $80m in series C funding
4. Indonesian proptech startup Jendela360 secures US$1M led by Beenext
5. Logistics startup Shipper bags series A money to double down on Indonesia
6. Singapore-based Hospitality Startup K Hotel Raises S$2m In Seed Funding
7. India Deal Review: Startup funding dives 52% in May amid COVID-19 crisis
CROSS-BORDER:
1. TikTok’s U.S. Revenues Expected to Hit $500 Million This Year
2. Alibaba Pictures to delist from Singapore Exchange
4. Taiwanese AI healthtech startup Deep01 bags $2.7m in Asus-led round
OVERSEAS:
1. Facebook buys start-up Mapillary in latest push to take on Apple and Google at street-level mapping
3. Big data analytics company Palantir Lands $500M In New Round Of Funding
Image Credits: CNBC