1. Ant Group and COSCO team up on blockchain and shipping

2. Luckin Shareholders Oust Chairman Charles Zhengyao Lu

3. Chinese AI start-up Cambricon to raise US$367.7 million through IPO on Shanghai’s Star Market

4. Sequoia Leads $100M Series C Round In Chinese Reading Platform Kuaidian 快点阅读

5. Interactive video service provider CtrlVideo 智令互动 closed 7-digit RMB in Pre-A


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1. Indonesian accounting app BukuWarung bags pre-series A funding in Quona-led round

2. Payfazz secures US$53M to help unbanked Indonesians to carry out financial transactions

3. Impact Partners Invests US$1.1M In Bangladeshi Solar Energy Marketplace SOLshare

4. Paytm levels up its insurance play by acquiring Raheja QBE

5. Indian co-living startup ZoloStays raises $56m from existing investors

6. Indian online learning platform Unacademy buys PrepLadder for $50m

7. TPG’s Rise Fund backs Indian rural distribution startup Frontier Markets’s $2.25m pre-Series A funding



1. TikTokalypse: U.S. and Hong Kong TikTok users freak out as global politics threatens their access to the app

2. China’s Ucommune acquired by US-listed SPAC Orisun

3. Uber launches grocery delivery in Latin America, Canada with U.S. to follow

4. Sequoia secures $1.4b for two new funds in India, Southeast Asia

5. SoftBank-backed DCM Ventures raises $880m for China investments

6. Indonesia imposes 10% VAT on Amazon, Google and Netflix



1. Berlin’s Cavalry Ventures closes €80M, backed by DACH founders and EIF

2. Deutsche Bank and Google agree to multiyear, strategic partnership

3. Microsoft exec Peggy Johnson joins troubled augmented reality start-up Magic Leap as CEO

4. Uber agrees to buy food-delivery service Postmates for $2.65 billion in stock

5. Zoom rolls out hardware subscription service

6. Wirecard administrator sees strong interest from potential buyers

7. Arm to transfer software businesses to SoftBank, focus on core chips biz

8. OwnBackup Secures $50M Follow-on Round To Protect SaaS Data

9. DocuSign acquires Liveoak Technologies for $38M for online notarization

10. Brazil-based Swap Taps $3.3M Seed Round To Create Better Infrastructure For Fintechs

11. Athlane looks to connect brands and esports streamers with a fresh $3.3 million in funding

12. CALA Raises $3M Seed Extension To Help Launch Fashion Brands

13. Nayya, bringing transparency to choosing and managing healthcare plans, raises $2.7 million

14. MonkeyLearn raises $2.2M to build out its no-code AI text analysis service

15. Replenysh raises a $2 million seed round to streamline recycling for buyers and sellers


Image Credits: CNBC

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