CHINA:
1. Guangzhou is using 5G to keep buses on time
2. Didi installs V2X equipment in Shanghai, begins test robotaxi service
3. JD working with Sony Semiconductor on AR tech to measure foot size
4. Xiaomi readies $4.3 billion in share buybacks
5. Luckin Coffee is poised for expulsion from Nasdaq as it withdraws request for oral appeal hearing
6. K12 edtech company Zuoyebang 作业帮 closed Series E in $750million
7. Chinese e-commerce live streaming platform Aiguang raises $20m in equity financing
8. Design software developer 4D ShoeTech 时谛智能 raises USD 14 million in Series A+
10. Nanny-training company Haoyun Mama 好孕妈妈 closes USD 7 million Series A round
11. Taiwanese scooter-sharing startup WeMo scores series A money in AppWorks-led round
Check out our latest podcast here
Check out our latest blog post here
Subscribe to Daily Digest Newsletter here
MOBILE-ONLY MARKETS:
1. Indian edtech giant Byju’s in talks to acquire Doubtnut for more than $125M
2. Crypto options trading startup Sparrow banks $3.5m from BitMEX parent, others
3. Lazada appoints a new CEO Chun Li, former CTO of Alibaba’s B2B unit
4. Ovo-Dana merger could be Indonesia’s most ambitious crossover event
5. Indonesian movie rating app Cinepoint raises funding from Ideosource Entertainment
6. East Ventures seeks $88m for post-pandemic startup fund
7. BRI Ventures launches new tech fund for Indonesian startups
CROSS-BORDER:
1. India’s top smartphone maker Xiaomi says growing anti-China sentiment has not affected business
2. Tencent buys Southeast Asian streaming platform Iflix
3. Sequoia China backs $25m Series A round in US biotech firm Simcha
4. Mary Meeker’s Bond backs Indian online learning startup Byju’s
5. Amazon, SoftBank held talks over Russian online retailer Ozon, shareholder says
6. Amazon launches ‘Smart Stores’ in India to win mom and pop
7. SoftBank’s Masayoshi Son to step down from Alibaba’s board
8.Huawei gets planning approval for US$1.2 billion UK R&D site
OVERSEAS:
1. SoftBank to repurchase $1.9 billion of corporate bonds
2. Base10’s New $250M Fund To Help Startups Approaching ‘Automation For The Real Economy’
3. Facebook ad boycott campaign to go global, organizers say
4. YouTube’s latest experiment is a TikTok rival focused on 15-second videos
5. Amazon to buy self-driving technology company Zoox
6. Amazon launches cloud service to help non-coders build apps
7. Microsoft is permanently closing its retail stores
8. Salesforce invests in security software provider Tanium at $9 billion valuation
9. Waymo, Volvo partner to develop electric robotaxis
10. Dell and VMware’s strained marriage may finally be coming an end, and shareholders are cheering
11. CLSA Capital Partner acquires Japanese household service platform Assist
12. Telegram to pay SEC fine of $18.5 million and return $1.2 billion to investors as it dissolves TON
13. New $225M Funding Round Drives Health Insurance Company Oscar’s Plan To Simplify Health Care
14. Virtual events platform Hopin Raises $40M As Demand For Virtual Events Continues To Rise
15. Airvet, a telehealth veterinary platform, just clawed its way to a $14 million Series A round
16. Doorkee Raises $5.7M Seed To Help Landlords, Tenants Have Better Moving Experience
Image Credits: Tech in Asia