CHINA:
1. China to implement first rules on livestream e-commerce in July
2. NetEase International Culture & Technology Complex Starts Construction in Qingpu, Shanghai
3. Chinese equity investment service firm Zero2IPO files for Hong Kong IPO
4. Tencent works on new non-profit educational product Z星球
5. Tencent-backed Momenta begins robotaxi trials this fall
6. Indoor delivery robotic company PUDUTECH 普渡科技 raised 8-digit RMB in B round from Meituan
7. IDG Capital Leads Pre-A Round In Chinese AI Firm SmartMore
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MOBILE-ONLY MARKETS:
1. Thailand to regulate online and food delivery services
2. Indonesian startup InfraDigital scores series A money to automate school processes
3. Grab CTO Mark Porter Quits To Join MongoDB
4. Singapore’s health-tech startup Plano receives investment from Santen
5. Indian Food tech unicorn Zomato to raise USD 100 million from Temasek
6. Indian edtech firm Vedantu in talks with Coatue Management for a USD 100 million-check
CROSS-BORDER:
1. Autowise.ai teams up with Boschung to bring autonomous street sweepers to Europe, US
2. Byton, Chinese EV start-up planning US foray, halts operations for 6 months
OVERSEAS:
1. Global app revenue jumps to $50B in the first half of 2020, in part due to COVID-19 impacts
2. Eduardo Saverin’s B Capital Group Raises $820M For Second Fund
3. Google acquires North, which makes smart glasses similar to Google Glass
5. Facebook shuts down Hobbi, its experimental app for documenting personal projects
6. WeWork sells Flatiron School to Carrick Capital Partners
7. Fintech start-up TransferWise is set to launch an investments feature
8. Fivetran snares $100M Series C on $1.2B valuation for data connectivity solution
9. Discord now has a $3.5B valuation and $100M for a sales pitch lighter on the gaming
10. Scalefast Closes $22M Series B To Boost E-commerce Pathway For High-Growth Brands
11. Hunters raises $15M Series A for its threat-hunting platform
12. Upsolver announces $13M Series A to ease management of cloud data lakes
13. Japanese esports startup PlayBrain secures $6m in Series A funding
14. Willa secures $3M from EQT Ventures to let freelancers get paid immediately
Image Credits: TechNode