CHINA:
1. Live-streaming service providers Huya, DouYu to drive cloud-based gaming expansion in China
2. Display maker Royole said to mull China IPO as US listing plans stall
3. Alibaba is the top global blockchain patent holder
5. Quarterly deliveries for EV maker Nio hits record high
6. China chipmaker SMIC plans to raise $6.5B with Shanghai listing
7. Chinese New Retailer KK Group Raises $141M Led By CMC Capital
8. Baidu Capital Leads $70M Round In Chinese Logistics Service Provider FineEx
9. Richland Capital hits first close of third fund targeting China’s industrial tech bets
Check out our latest podcast here
Check out our latest blog post here
Subscribe to Daily Digest Newsletter here
MOBILE-ONLY MARKETS:
1. India: Goldman Sachs acquires Purplle’s angel investor shares at 40X premium
2. Indian payment gateway BillDesk seeks to sell-off biz for $2.5B
3. Indian alternative to TikTok app, Chingari, registers over 1 crore downloads on Play Store
4. India-based Bharti Airtel plans to launch own video conferencing platform
5. Jio takes on Zoom, Google Meet with free video conferencing app, JioMeet
6. Indonesian fintech startup Payfazz closes $53M in Series B funding
9. SG-based Popsical bags $5m to bring a ‘Spotify for karaoke’ to Southeast Asia
CROSS-BORDER:
1. UK govt, India’s Bharti win auction for satellite firm OneWeb
2. Tencent expands overseas presence with launch of new game studio in US
3. Mercedes-Benz takes 3% stake in Chinese EV battery supplier Farasis Energy
4. Gojek shifts away from local brands in Vietnam, Thailand
5. TikTok owner ByteDance predicts over $6B in losses from India app ban
6. Facebook makes education push in India
7. Uber widens taxi app to Tokyo but ride-sharing still barred
8. Grab fined $2m by Indonesia’s competition watchdog over driver discrimination
9. Intel resumes shipment to Chinese server maker Inspur
10. PE firm EQT makes new $837M bid to acquire NZ’s Metlifecare
11. ESR-Manulife venture acquires $243M real estate portfolio in China
OVERSEAS:
1. Uber adds another director to its board: Flex CEO Revathi Advaithi
2. Uber to Buy Postmates for $2.65B
3. Sprint 5G is no more, as T-Mobile focuses on its own network
4. Lime puts Jump bikes back on London streets
5 Facebook glitch gave 5,000 apps access to users’ account information
7. Microsoft’s partnership with Facebook Gaming could mean future VR support for Xbox
8. Dating app S’More adds blurred video calling and launches in LA
Image Credits: Techcrunch