CHINA:
1. China’s GDP grew at 3.2% in Q2 2020
2. China retail sales down 3.9% in Q2 2020; online retail up 7.3% in H1
4. Smartphone giant Vivo opens new manufacturing complex near rival Huawei’s research campus
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MOBILE-ONLY MARKETS:
1. KKR gathers additional $179.5m for fourth Asia fund
2. India’s Reliance seen emerging as bigger threat for U.S. firms like Amazon, Walmart
3. Indian online tutoring platform Vedantu raises $100 million
4. Indian customer intelligence firm Zeotap secures $42m in Series C round
5. Tinder co-founder, SpaceX backer invest in Filipino edutech startup Avion School
CROSS-BORDER:
1. US$11 billion across over 400 deals in Asia in June
2. TikTok expected to operate as a U.S. company, White House adviser says
3. Trip.com’s Skyscanner plans to cut 20% of its workforce
4. Navistar Invests In Chinese Self-driving Truck Developer TuSimple
5. Temasek leads $68m funding in US cybersecurity provider BlueVoyant
OVERSEAS:
1. EU regulators to probe Alexa, Siri and other voice assistants
2. Netflix names content chief Ted Sarandos co-CEO, forecasts weaker growth
3. Google’s latest R&D project is Shoploop, a mobile video shopping platform
4. Instagram confirms its TikTok rival, Reels, will launch in the US in early August
5. Microsoft to launch its cloud gaming service publicly in September
6. Instagram rolls out shopping feature in U.S.
7. Uber acquires public transportation software company Routematch in latest transit expansion
8. Japanese robot to clock in at a convenience store in test of retail automation
9. Israel’s tech exits drop to USD 5.8 billion in H1 2020, lowest in six years
10. BlackRock Leads Qumulo’s $125M Series E To Accelerate Data Platform
11. Bolt Secures $50M in Series C Funding To Unveil Checkout Experience Platform
12. Security startup Openpath Lands $36M In New Funding
13. UK’s Drover raises $26M for to take its car subscription marketplace to Europe
14. Meditation app Meditopia secures $15M Series A co-led by Creandum and Highland
15. Viola-backed Applicaster’s Video Platform Gets New Boost From $11M Series D
Image Credits: Reuters