CHINA:
1. Baidu starts offering Microsoft’s MSN ad inventory on a new ad platform
2. China’s Didi Chuxing partners with central bank for digital currency trial
4. Efung Capital Leads Pre-C Round In Chinese Medical Firm OBiO Technology
5. China’s electrical appliance brand Deerma bags $54m in Series B round
6. Chinese Data Storage Solution Provider SandStone Raises $21M In Series B+ Round
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MOBILE-ONLY MARKETS:
1. Indonesian used car marketplace TiinTiin.id closes $2.5m seed round
2. Indonesia’s Svara in talks for US$8M Series A, eyes Myanmar’s broadcast market
3. SG-headquartered Openspace Ventures holds first close of $200m third SE Asia fund
4. Singaporean gaming-focused Play Ventures to launch second fund in Q4 this year
5. Nuveen-backed impact investor Aavishkaar to raise $150m for SEA ops
6. India’s SBI to invest up to $235m in Yes Bank’s follow-on offering
7. HK’s GoGoVan rebrands into GoGoX as it consolidates logistics services
CROSS-BORDER:
1. Huawei says US pressure on Brazil threatens long delays in 5G roll-out
2. OPPO helped deploy the UK’s first 5G Standalone network
3. Tesla takes fifth of China EV market as the market falls 40%
4. Facebook pays $5.8B subscription amount to Jio Platforms
5. Alibaba’s Ant said to mull Hong Kong IPO, target valuation over $200B
6. Jeff Bezos-led Amazon invests $308M in India unit
7. KFC franchisee said to weigh $200M sale of Thai business
8. Google shutters cloud project, says no plan to offer cloud services in China
9. Google Cloud, Netmagic partner to establish centre of excellence
10 Chinese gay dating app BlueCity eyes Asia expansion after Nasdaq debut
11 Thailand’s Gulf Energy buys wind projects in Germany and Vietnam
12 India’s Aye Finance said to have raised debt funding from Germany’s Invest in Vision
13. Raising $22.5M Liftit looks to expand its logistics services in Brazil, Mexico, Chile and Ecuador
OVERSEAS:
1 Nauta Capital launches fifth fund with €120M to back early-stage European B2B startups
2. Google launches the Open Usage Commons, a new organization for managing open-source trademarks
3. Snap shares close nearly 6% higher after US Secretary of State Pompeo talks about TikTok ban
4. Slack acquires SaaS start-up Rimeto
5. Linux company SUSE outbids competitors for fast-growing start-up Rancher Labs
6 Japanese trading house Itochu to take 100% stake in convenience store FamilyMart
7. Fintech startup nCino targets ~$2B valuation in impending IPO
8 Animal-free dairy protein-maker Perfect Day extends its Series C funding round to $300M
9. Enterprise architecture software company LeanIX raises $80M Series D
10. Virtual care provider Doctor On Demand secured $75M in Series D round
11 .Document signing platform Notarize raises $35M amid digital legal service boom
12. Health and tech company Kindbody Lands $32M Series B To Grow In US
13. Pharmaceutical company Truepill’s $25M Series B Will Boost B2B Model
15. K4Connect, a startup bringing tech to senior living centers, closes its $21M Series B
16. Permutive raises $18.5M to help publishers target ads in a new privacy landscape
17. Plant delivery company Colvin raises $15M to rethink the flower supply chain
18 NASA injects $17M into four small companies with Artemis ambitions
Image Credits: LiveMint