CHINA:
1. China online entertainment grew 8.1% by Q2 2020; short video continued strong growth
2. China smartphone shipments down 16% in the first half of 2020
5. JD.com Leads Series D Round In Chinese Office Equipment Rental Service Platform Little Bear Rental
6. SaaS service provider 翼鸥教育 eeo cn raised 7-digit USD in Series B
7. Morningside Leads $32M Series A Round In Chinese Ophthalmology Firm Arctic Vision
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MOBILE-ONLY MARKETS:
1. Group payments platform goDutch raises $1.7m led by Matrix Partners India
2. Singapore’s Her Capital launches debut women-focused fund for Southeast Asia
4. Vietnam’s SuperKids Group said to seek up to $5m in funding
5. Thai fast-food chain operator Central Restaurants to open 100 ‘cloud kitchens’ by 2024
CROSS-BORDER:
1. US pension fund commits $75M to Hong Kong-based SSG Capital’s latest fund
2. Angelo Gordon raises $40M so far for Asia realty co-investment fund
3. Google in talks to invest $4B in Reliance’s digital arm
4. Indian e-commerce giant Flipkart raises $1.2B in Walmart-led funding
5. Hillhouse to pick stake in Shanghai-listed drug maker Joincare for $310M
6. TikTok Agreed to Buy More Than $800 Million in Cloud Services From Google
7. Baidu-backed Chinese workforce platform Quhuo 趣活 raises $33M on Nasdaq
8. Indian edtech firm Unacademy in talks with SoftBank to raise funding
9. Verizon partners with Airtel to launch BlueJeans in India
OVERSEAS:
1. South Korea to invest $133B in digital, green sectors
2. Sony completes $3.7B takeover of financial unit
3. Amazon to test Dash Cart, a smart grocery shopping cart that sees what you buy
4. 3M partners with MIT researchers to develop U.S.-backed rapid coronavirus antigen test
5. Google Cloud launches its first Confidential Computing service to secure sensitive data online
6. Google Cloud launches Assured Workloads for Government, its version of a government cloud
7. Microsoft backs start-up Kano looking to challenge Google in the ‘edtech’ market
8. Hello Robot emerges out of stealth to launch a mobile robotic gripping platform for the home
9. Blackstone’s growth investors lead a $200M investment into Oatly, the oat-milk juggernaut
10. Identity platform Auth0 raises $120M in Series F round
11. Medly Pharmacy Lands $100M Series B For Prescription Delivery Platform
12. Pricefx raises $65M Series C for its cloud-based pricing software
13. Lattice, a people management platform, picks up $45M at a $400M valuation
14. NS1 raises $40M to automate enterprise networking tasks
15. Traceable raises $20M for AI system that shields cloud app APIs from cyberattacks
16. Abacus.ai, founded by Amazon and Google alums, raises $13M to match projects with AI models
17. AI company RealityEngines.AI becomes Abacus.AI, secures $13M series A for open-source platform
Image Credits: Industry Global News 24