CHINA:

1. Greater China-based companies raise $9.5b in the second quarter

2. Fosun RZ Capital holds first close of debut sci-tech fund at $186m

3. Alibaba teams up with Allwinner to produce 50 million chips

4. Alibaba’s Ant Group Introduces AntChain 蚂蚁链 New Technology Brand, All-in-One Workstation to Accelerate Blockchain Deployment

5. Over 170 million Chinese watch daily livestreams on Douyin rival Kuaishou

6. Missfresh racks up $495 million in funding as China’s e-grocery booms, led by CICC

7. Struggling rental platform Q&K to buy rental service company at USD 130 million

8. Mingdutech nets $11m in Series A+ round, helping life science companies with digitalization solutions

9. NIO Capital backs platform-as-a-service (PaaS) developer BoCloud’s Series C+ round 

 

Check out our latest podcast about “China’s Changing Regulations on Gaming, with Greg Pilarowski, Legal Expert & Founder of Pillar Legal” here

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

Join our upcoming webinar “Digital Transformation Converting Consumer Data into Gold”, where you will learn how to use data to innovate within your organization especially in a post-Covid19 world; Register here

 

MOBILE-ONLY MARKETS:

1. Singapore-based influencer platform Hiip has secured an undisclosed sum in a bridge round of funding

2. Grab, gojek competing to invest in Indonesian digital payment platform LinkAja

3. India: 3D design software firm Autodesk to acquire Pype

4. Kochi-based Entri, a local-language learning app for jobs, has raised an additional $1.7 million 

 

CROSS-BORDER:

1. TikTok unveils $200 million fund for U.S. creators

2. TikTok app would be banned on U.S. government devices under Senate bill

3. ByteDance in talks to invest in edtech firm Lido Learning

4. Amazon to open 10 new India warehouses; offers insurance

5. Amazon reportedly in talks to buy a 9.9% stake in India’s Reliance Retail

6. Flipkart acquires Walmart’s wholesale business in India

7. Snapchat’s India user base more than doubled in the second quarter

 

OVERSEAS:

1. Venture capitalists are piling millions into trendy European e-bike start-ups, such as Cowboy, Dance, VanMoof

2. Elon Musk’s SpaceX in talks to raise funds at $44 billion valuation

3. Intel offers disappointing Q3 earnings guidance as it delays next-generation chips

4. Twitter reports strong user growth, but ad revenue is down 23%

5. Nvidia expresses interest in SoftBank’s chip company Arm Holdings

6. HBO Max reached 4.1M subscribers in first month, despite lack of distribution on Roku and Fire TV

7. Could Contact Center Talkdesk’s Valuation Rises To $3B Following $143M Series C

8. Design platform Ceros nabs $100M in new round 

9. Israeli ride-sharing company Gett raises USD 100 million to enhance corporate platform

10. Big data analytics company Quantexa’s $64.7M Series C boosts global expansion, intelligence platform

11. Accel Backs CyCognito In $30M Series B To Expand Cyber Risk Tool

12. iObeya, a company that helps multisite teams collaborate in a virtual environment, raises $17M to expand in US

13. Augmented reality startup Mira announces $10M more in funding from Sequoia and others

14. StuffThatWorks nabs $9M for crowdsourced insights on health conditions

15. Levitate raises $6M for its ‘keep-in-touch’ email marketing solution aimed at smaller businesses

16. Arrive Outdoors, the gear rental platform for outdoor adventures, raises $4.75 million

17. New $4.2M Seed Round Boosts Cambrian’s Digital Asset Investment Approach

18. Menlo Ventures Leads Matik’s $3M Seed To Personalize Business Reports

 

Image Credits: TechCrunch

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