1. SK Group Invests In Chinese Intelligent Driving System Firm Soterea

2. Former Chief Technology Officer of Luckin Coffee joins upscale tea brand Nayuki 奈雪的茶 as CTO

3. Chinese Tesla challenger Xpeng raises US$500 million from Hillhouse, Sequoia and others

4. EV battery maker Farasis lists at premium on STAR Market, raises $484M


Check out our latest podcast about “Building the World’s Leading Mobile Analytics Platform from China with App Annie ” here

Check out our latest blog post about “Founders Explain How They Succeeded with Their MVPs” here

Subscribe to Daily Digest Newsletter here



1. India: Roshni Nadar succeeds Shiv Nadar at HCL Tech as chairperson

2. India smartphone shipments slashed in half in Q2 2020

3. Sequoia-backed agritech startup DeHaat taps franchise route for smart fields

4. Siam Commercial Bank to take on unicorns with food delivery foray

5. Ride-hailing giant Grab in talks with banks to garner up to $500m loan

6. Sembcorp posts $131m net loss in H1, warns of worse to come

7. Gojek’s payment arm GoPay achieves unicorn status

8. Indonesia’s BCA launches 3rd SYNRGY Accelerator with 11 startups

9. Vietnam’s Tiki and Sendo’s proposed mega merger falls through amid coronavirus crisis

10. Malaysia’s Dropee raises US$1.3M from Y Combinator, others

11. Airbnb, Clifford Chance announce new lead appointments in SEA



1. SoftBank quietly offloads another $2.2b of its Alibaba stake

2. UK asks Japan for help with 5G as alternative to Huawei

3. TikTok says it has removed 29,000 coronavirus videos in Europe

4. Chinese battery maker CATL raises $2.8b from UBS, JPMorgan, others

5. FMO mulls $10m loan to Mumbai-based early-stage fintech lender NeoGrowth Credit



1. CRV Closes $600M Early-Stage Fund

2. Twitter says 130 people were targeted in hack that hijacked accounts of Elon Musk, Joe Biden

3. Cloudflare DNS goes down, taking a large piece of the internet with it

4. EMA, Shell issue joint grant call for SMEs to develop smart, clean energy solutions

5. Omron launches remote medical system in US for hypertension

6. Autonomous vehicle startup AutoX lands driverless testing permit in California

7. Veteran VC Kittu Kolluri has $216 million more to invest through his new firm, Neotribe

8. Coursera Raises $130 Million Amid Flurry of Ed Tech Deals

9. Autonomous Trucking Startup in Talks to Raise $60 Million

10. London-based Moneybox Banks $37.6M Series C, Launches Crowdfunding Campaign

11. Cambridge Crops Rebrands As Mori; Secures $12M Series A For Food Waste Technology

12. South Korean crypto disclosure platform Xangle raises $3.3m in Hanwha-led round


Image Credits: Wired

Start typing and press Enter to search